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- LoopNet Team
633-637 Laurel St
San Carlos, CA 94070
San Carlos Restaurant $100K Down+$100K Over 5 · Property For Lease
Highlights
- Very central, downtown San Carlos location.
- Walking Distance to Caltrain and Bus Lines.
- Turn-Key Restaurant Build Out. Outgoing tenant wants to focus on their vegan concept in smaller spaces via ghost kitchens.
- (Within 1 Mile) Average household Income = $192,204, Daytime Employment Total = 16,490 employees, Annual Expenditures – Food and Alcohol =$85,169,403
Property Facts
| Property Type | Retail | Year Built | 1941 |
| Property Subtype | Restaurant | Parking Ratio | 91.09/1,000 SF |
| Gross Leasable Area | 6,250 SF |
| Property Type | Retail |
| Property Subtype | Restaurant |
| Gross Leasable Area | 6,250 SF |
| Year Built | 1941 |
| Parking Ratio | 91.09/1,000 SF |
About the Property
(Within 1 Mile) Average household Income = $192,204, Daytime Employment Total = 16,490 employees, Annual Expenditures – Food and Alcohol =$85,169,403 $100,000 Down + $100,000 Over 5 Years Key Money for Turn-Key Restaurant Tenant Improvements with Equipment. Please do not speak to existing restaurant employees or owners about the sale. Current tenant has control of the space until 12/31/2029. Additional term / options possible once the contingent FFE buy-out agreement is signed, via landlord transfer approval. $5,765.33 per month base rent, plus $1,720 per month CAM expenses = $7,485.33 per month gross. CAM expenses float with pass-through expenses from landlord, as is customary. 200 Amps of Electric Power. 1 to 3 phase adaptor installed. 14 Foot Hood.
- Bus Line
- Restaurant
- Signage
- Skylights
- Tenant Controlled HVAC
