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2021 University Avenue, Berkeley CA

+/- 940 RSF • Completed
Price
Size
+/- 940 RSF
Highlights

Quick-service restaurant opportunity for sale in the heart of Downtown Berkeley. Tremendous foot traffic and high visibility – located directly across from the UC Theatre and 1 block from the Arts District, on busy University Avenue.

KEY MONEY: $225,000 (includes FF&Es)
Rent: $2,500/month MG

Property Features

  • Quick-service food use with 6’ hood
  • Table and counter seating for 25
  • Fully-equipped kitchen
  • Excellent window frontage with clerestory windows providing bright, natural light
  • High ceilings with several industrial dome-pendants, track lighting and ceiling fans
  • Large operable skylight
  • 2 designated parking spaces
  • Outdoor area for garbage storage
  • Renovated in 2013 with new plumbing, electrical (60 amps), flooring and restroom
  • See brochure for inventory list

Lease Specifics

  • Current lease through 10/31/22
  • Rent: $2,500/month MG
  • Option to renew for 5 years at a negotiated rate
  • Lessee pays for all utilities
  • Lease Exclusion: Cannot be used as a pizza parlor

Location Highlights

  • Central Downtown Berkeley location. Walk to BART
  • 1 block from UC Berkeley Extension
  • 2 blocks from UC Berkeley, and 3 blocks from both Berkeley High School and Berkeley City College
  • High car counts and foot traffic – 7 days a week
  • Short walk to City Hall, City of Berkeley office buildings and downtown office space
  • Amidst numerous eateries including Tender Greens, Ici Ice Cream, Bobby G’s Pizzeria, Comal, Ippudo, Chipotle, The Butcher’s Son and Brazil Cafe
  • Close to several coworking spaces such as: WeWork, Sandbox Suites, NextSpace, The Office: Berkeley, Regus California and Berkeley Skydeck
  • Near CycleBar, 24 Hour Fitness, Berkeley YMCA, Pure Barre, Yoga to the People, and CorePower Yoga
  • Free valet bicycle parking and bike rental available at the nearby Bike Station on Shattuck Avenue
  • University Avenue is a major highway corridor from Interstate 80/Interstate 580 (in Berkeley) to UC campus and Downtown Berkeley
  • Walk Score 98; Bike Score 97
  • Downtown Berkeley Arts District
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