Tupelo Data Room
Sushi & Japanese Restaurants, Other Restaurants & Food
Active

Low key money in the Premier San Mateo Shopping Mall

San Mateo, San Mateo County, California, United States
Asking Price$100,000
Revenue-
EBITDA-
Cash Flow-
Description
"Please inquire about this listing through the contact form. Upon request, a Non-Disclosure Agreement (NDA) will be promptly emailed to you." #1043 Area: San Mateo Asking Price:$100,000 Base Rent: $18,963.00/mo (Restaurant)+ $1,543/mo (storage) NNN: $26,199/mo Lease Term: December 31, 2028 (Restaurant)+ March 2027 (Storage) Option Lease Term: Negotiable, subject to the landlord’s consent. Size: 3,612 sq. ft. (Restaurant) + 792 sq. ft. (Storage) Percentage Rent: 5.5% gross sales Rent Increase: Fixed Rent Schedule Security Deposit: $56,889 Business Established: 2017 Seating Capacity: 124 Liquor License: Type 41 Parking: Parking Lot Reason for Selling: Focusing on other ventures Fully built-out 3,612 SF restaurant inside a 1.3M SF regional mall anchored by Macy's and Nordstrom, drawing an estimated 10–15M visitors annually. Two 14-ft Type 1 hoods, grease interceptor, 124 seats, Type 41 ABC license. Ideal for an operator bringing their own concept to a high-traffic Peninsula location.
Real Estate
Rent is $18,963 per month
Building Size: 3612 sq. ft.
Year Established
2017
Reason Selling
Focusing on other ventures
Facilities & Assets
2 x 14-foot Type 1 Hoods Grease Trap Interceptor 2 restrooms Office Space
Financing Options
Cash Only

Business listed by

JRC Advisors by eXp Commercial

JRC Advisors by eXp Commercial logo