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Space Availability (1)
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- Space
- Size
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- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 2,340 SF | Jul 2027 | $65.01 CAD/SF/YR $5.42 CAD/SF/MO $152,134 CAD/YR $12,678 CAD/MO | Triple Net (NNN) |
1st Floor
Located in the heart of Old Town San Diego, 2540 Congress Street presents a rare opportunity to lease a fully built-out restaurant space with an expansive patio in one of the city’s most active dining and tourism corridors. The ±2,374 SF space offers a functional restaurant layout with existing infrastructure in place, making it ideal for an operator seeking a second-generation restaurant opportunity with indoor and outdoor seating. The property benefits from exceptional accessibility with close proximity to Interstate 5, Interstate 8, Downtown San Diego, and San Diego International Airport. The location is also within walking distance to the Old Town Transit Center, providing convenient access to the trolley, COASTER, and city bus lines. Surrounded by established restaurants, cafés, retail, hotels, and entertainment destinations, the site offers strong visibility and consistent foot traffic from both locals and tourists visiting Old Town. This is a unique opportunity to establish a presence in one of San Diego’s most recognizable and heavily visited neighborhoods.
- Sublease space available from current tenant
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as a Restaurant or Café Space
- Space is in Excellent Condition
- ±2,374 SF built-out restaurant with patio seating
- Located in the heart of Old Town San Diego
- Excellent freeway access
- Shared Back-of-House/Storage: ±2,414 SF
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
Property Facts
| Total Space Available | 2,340 SF | Gross Leasable Area | 2,340 SF |
| Property Type | Retail | Year Built/Renovated | 1919/2019 |
| Property Subtype | Restaurant | Parking Ratio | 1.71/1,000 SF |
| Total Space Available | 2,340 SF |
| Property Type | Retail |
| Property Subtype | Restaurant |
| Gross Leasable Area | 2,340 SF |
| Year Built/Renovated | 1919/2019 |
| Parking Ratio | 1.71/1,000 SF |
About the Property
Located in the heart of Old Town San Diego, 2540 Congress Street presents a rare opportunity to lease a fully built-out restaurant space with an expansive patio in one of the city’s most active dining and tourism corridors. The ±2,374 SF space offers a functional restaurant layout with existing infrastructure in place, making it ideal for an operator seeking a second-generation restaurant opportunity with indoor and outdoor seating. The property benefits from exceptional accessibility with close proximity to Interstate 5, Interstate 8, Downtown San Diego, and San Diego International Airport. The location is also within walking distance to the Old Town Transit Center, providing convenient access to the trolley, COASTER, and city bus lines. Surrounded by established restaurants, cafés, retail, hotels, and entertainment destinations, the site offers strong visibility and consistent foot traffic from both locals and tourists visiting Old Town. This is a unique opportunity to establish a presence in one of San Diego’s most recognizable and heavily visited neighborhoods.
- Restaurant
- Signage
Nearby Major Retailers
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2540 Congress St
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