Downtown San Diego Storefront & Delivery for Sale.
Not currently operational and needs build out.
The license sits on a 2 story, 1,513 SqFt building.
The current owner was able to negotiate the lease terms to be $2500/Mon during the permitting/ & buildout phase.
However, this may not to exceed 150 days. After 150 days, the rent will increase to $27k/Mon regardless of buildout status.This gives the new owner 150 days of a rental rate of $2500/Mon before the increase in rent kicks in order to mitigate pulling permits, start TI’s, etc.
Estimated revenues are expected to be between $1.5M and $2M/Month out of this location.
