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1379 Garden Hwy
Sacramento, CA 95833
Riverfront Restaurant for Lease · Property For Lease

HIGHLIGHTS

  • Sacramento Riverfront Restaurant and Bar space offered for Lease
  • Space has Full Kitchen, two Bars, dining for 179 + seating for 80 on the two level patio decks
  • Tours are available by appointment only with the Broker. Please Do Not Disturb the Marina staff or current occupant.
  • Building space is approx 5,506 sf + 1,000 sf of deck space + storage.
  • Proposed Lease Terms: 10 Year Initial Term + Two 5-yr Options (5 Year Initial Term will be considered).

PROPERTY FACTS

Property Type Retail
Property Subtype Freestanding
Gross Leasable Area 18,040 SF
Year Built 2006
Parking Ratio 4.66/1,000 SF

ABOUT THE PROPERTY

Great Views of Downtown Skyline and River Breezes on Patio Decks Attention Experienced Restaurateurs! This Bar & Restaurant For Lease offers a great opportunity to bring your concept to a facility with breezy river views. The location is one of three popular restaurants located within the Riverbank Marina development located on the Sacramento River, just 3 miles from Downtown Sacramento, ½ mile from Interstate 5, and 10 minutes’ drive from the Airport. The restaurant features dining rooms and bars on two levels, both of which have deck seating with fantastic views of the Sacramento River and the Downtown Sacramento skyline. The upstairs level is popular for private parties and business receptions. The beautiful outdoor patio dining spaces can be used nearly year-round. The location is close to Downtown Sacramento and is also close to major hotels and the Sacramento International Airport which makes it a popular place to bring out of town guests. With easy access ½ mile from Interstate 5, the Riverbank Marina restaurants are the closest and quickest way for locals to enjoy the beautiful Sacramento river setting. The Chevy’s location next door has been consistently ranked #1 or #2 in the total chain for 20+ years, and the locally owned Crawdad’s has been a Sacramento favorite since 1986. We are looking for the next iconic restaurant to occupy the remaining site, which has been operated as upscale Pearl on the River for the past 10 years. There is a moratorium on any new restaurants being built along the Garden Highway so this is a rare opportunity which may not be repeated for years to come. The building space is approx 5,506 sf + 1,000 sf of deck space + storage. Occupancy is approx 179 inside + approx 80 dining on decks for total occupancy of 259. The restaurant space has a full kitchen on the main floor including walk-ins and a large Hood/ANSUL system. While this opportunity represents a low cost of entry, the occupant should be well-capitalized and experienced with full-service restaurant management, and ideally should have bar and event management experience as well. This Lease opportunity with existing improvements in place represents your savings on the initial investment of approximately $200+/- PSF or $1M required to create a restaurant of this type. The next operator will need to establish a new concept which is likely to be casual and somewhat bar-oriented to complement but not conflict with the two existing and very successful co-tenants of the Marina. Mexican and Cajun are excluded but most other concepts will be considered. Proposed Lease Terms: 10 Year Initial Term + Two 5-yr Options (5 Year Initial Term will be considered). Rent: $10,012 base + approx $4,500 NNN = Total Rent $14,512 6% Percentage Rent Annual CPI Increases to Base Rent No Tenant Improvement Allowance is offered Restaurant is available now. Interested? Please contact the Broker to request additional details. Tours are available by appointment only with the Broker. Please Do Not Disturb the Marina staff or current occupant. We look forward to talking with you about this exciting opportunity!

  • Bus Line
  • Waterfront
  • Listing ID: 17035285

  • Date on Market: 8/27/2019

  • Last Updated:

  • Address: 1379 Garden Hwy, Sacramento, CA 95833

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