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633-637 Laurel St
San Carlos, CA 94070
Turn-Key RESTAURANT FF&E / TIs For Sale $200K · Property For Lease

Highlights

  • Very central, downtown San Carlos location.
  • Turn-Key Restaurant Build Out. Outgoing tenant wants to focus on their vegan concept in smaller spaces via ghost kitchens.
  • Walking Distance to Caltrain and Bus Lines.
  • (Within 1 Mile) Average household Income = $192,204, Daytime Employment Total = 16,490 employees, Annual Expenditures – Food and Alcohol =$85,169,40

Property Facts

Property Type Retail
Property Subtype Restaurant
Gross Leasable Area 6,250 SF
Year Built/Renovated 1941/2019
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. Turn-Key Restaurant Tenant Improvements with Equipment for $200K. 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
  • Listing ID: 28375875

  • Date on Market: 5/2/2023

  • Last Updated:

  • Address: 633-637 Laurel St, San Carlos, CA 94070

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