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