Phone: 925-736-8200
Fax: 925-736-8200
jeffback@pacbell.net
348 Red Maple Drive
Danville, CA 94506
CA License # 00463307

Redwood City Steakhouse and Mediterranean Restaurant and Bar

Restaurant Details


Property Photo
DESCRIPTION
Major restaurant and bar in centralized prime location in entertainment area of downtown Redwood City. Attractive rent. Currently Steakhouse but can be converted to another concept.
Major restaurant and bar in centralized prime location in entertainment area of downtown Redwood City. This is a major restaurant and bar located in a prime centralized location in the new thriving entertainment area of Redwood City. It commands a prominent corner location with substantial tenant improvements and a very well equipped gourmet kitchen. The restaurant is simply stunning and was recently updated. The pictures speak for themselves. This restaurant is currently operating as a steakhouse but can be converted to another concept. The cost to duplicate this facility would be "over the top" expensive. The area is booming with new high rise office buildings opening within walking distance to the restaurant. These new office towers along with the many existing office buildings offers a restaurant of this caliber an opportunity to do large corporate dining. The area is known as an entertainment center for San Mateo county. There are large entertainment venues within walking distance and large parking structures to accommodate the large crowds of patrons. Size approximately 5,000 square feet + outside seating Lease: Term to June 30, 2022 Rent: $15,710 monthly including NNN with 2.5% annual increases Option: (1) five year option to extend Highly confidential. DO NOT CONTACT THE BUSINESS. Attractive rent. Currently Steakhouse but can be converted to another concept. Confidential
GENERAL
Region:
Peninsula

Location:
Redwood City

FINANCES
Asking Price:
399,000

Monthly Rent:
$15,710

FACILITY
Facilities:
large dining room, banquet rooms and gourmet kitchen

Approximate Size:
5,000 SF approximately

License:
Beer and Wine

Lease Expiration:
June 30, 2022

Lease Options:
(1) five year




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J. Back & Associates   ·   Restaurant Real Estate
Phone: 925-736-8200   ·   Fax: 925-736-8200   ·   jeffback@pacbell.net
348 Red Maple Drive   ·   Danville, CA 94506
CA License # 00463307

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