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2391 Telegraph Avenue, Berkeley CA

+/- 994 RSF • $79,500 • Available
Price
$79,500
Size
+/- 994 RSF
Highlights

Quick serve food opportunity just 2 blocks from UC Berkeley. Here’s your chance to be located on iconic Telegraph Avenue.

Sale Price: $79,500 includes FF&E (see brochure for list).

Current Lease Terms
– Monthly Rent: $4,218
– NNN Fees: $337/month
– Lease Expiration: 9/30/2020
– Annual increases: 3%
– Renewal Option: One 5-year option at FMV

Features

  • Attractive sales counter with large display case, hand sink, and lots of storage
  • Large prep kitchen with abundant prep tables, countertops, refrigeration, wash stations and storage
  • +/- 18’ storefront with large, attractive display windows
  • Rear office area
  • Garbage storage area
  • Shared restroom
  • Concrete floor, HVAC
  • Nearby food cotenants include Koja Kitchen, Cream, Pappys Grill and Sports Bar, Tacos Sinaloa, Cafe Mezzo, and Raleigh’s Bar and Grill
  • Across from Mars Mercantile, and Bear Basics
  • Heavy foot traffic: +/-2,500 pedestrians per hour (Source: City of Berkeley)

Location

  • Leading directly to UC Berkeley campus, Telegraph Avenue is filled with restaurants, bookstores, shops, and street vendors – and home to street fairs, and annual music festivals
  • UC Berkeley campus has over 56,000 daily population – projected by 2022 to be 65,000
  • High foot traffic every day, seven days/week
  • 1 block to Telegraph-Channing public parking garage with 436 public parking spaces (first hour free!)
  • Walking distance to over 119,166 live theater, music, movie theater and sports venue seats

Do not disturb tenant! Please contact broker for tours.

Inquire

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