Cute Upgrade Cafe Space On The Coveted College Ave

Business Overview:

Cute Upgrade Cafe Space on the Coveted College Avenue in Elmwood! Below Market Lease Can Transfer.

RRC# 4982  

Location: Berkeley 

Description:

A great second generation cafe/quick service space is available on the popular College Avenue corridor in Elmwood, bordering Rockridge.  This location is ~2200sf with a private back patio.

This area is high traffic due to all the fantastic mixed retail, services and dining options.  Additionally the surrounding affluent neighborhood is safe and offers a steady patronage to the local businesses. 

The storefront is very inviting. The interior is bright and clean and would be suitable for many styles of concepts, including coffee, grab and go food service, sandwich shops, cafes, baked goods and so much more.  

The space has great wood accents, track lighting and good natural light as well, modern tables and chairs, digital menu boards on display, food display units, and an open food preparation station for fast service.  This location also has a rare and quant back patio with an additional  ~10 seats, tables and umbrellas. There is an atrium style window on the back wall that adds visibility and light to the space. 

The space has good quality equipment including a True Air Curtain Merchandiser, Sandwich Prep and Fridge Unit, Beverage Display Fridge, Salad Cooler, Panini Grill, Espresso Machine, Ice Machine, Waring Oven, and much more.  There is no Hood in this unit.  A full equipment list can be provided upon request. 

The lease for this area is below market and can be assigned with added time.  The current tenant is in their option term and paying $4500 + NNNs per month through the end of 2028!  Base rent is just over $2.00sf which is amazing for this area.

Reach out now to learn more about this great space in a fantastic and popular area! 

Andy@restaurantrealty.com

Financial Information:

Monthly Revenue: Contact for Info 

Monthly Cash Flow: Contact for Info

Annual Revenue: Contact for Info

Annual Cash Flow: Contact for Info 

General Info:

Ownership:  Corporation 

Established: 2018

Employees: 8-10  

Reason For Sale: Other Interests

Monthly Rent: $4,500 + NNNs 

Expiration: 12/31/2028  

Facilities:

Square Feet:2,200 sf + Private patio  

Seating: ~24 inside and ~10 on the patio 

Parking: Easy Street Parking (2 dedicated parking spaces $550/month)  

Licenses: Health & Business 

Days/Hours of Operation: 7 days 10am-7pm 

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Property Features and Assets:

Facilities:

Square Feet:2,200 sf + Private patio  

Seating: ~24 inside and ~10 on the patio 

Parking: Easy Street Parking (2 dedicated parking spaces $550/month)  

Licenses: Health & Business 

Days/Hours of Operation: 7 days 10am-7pm  

Market Competition and Expansion:

General Info:

Ownership:  Corporation 

Established: 2018

Employees: 8-10  

Reason For Sale: Other Interests

Monthly Rent: $4,500 + NNNs 

Expiration: 12/31/2028  

Reason for Selling:

Other Interests

Additional Details:

Documents:

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