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Sublease Highlights

  • Turnkey 2nd Gen bakery/Cafe - Day 1 Ready
  • Permitted Kitchen with Type II Hood & 3 phase Power
  • Fixed $7500/mo Full Gross Rent Through Dec 2027
  • Direct Extension Options Negotiable for 2028+

Space Availability (1)

Display Rental Rate as

  • Space
  • Size
  • Term
  • Rental Rate
  • Rent Type
  • 1st Floor, Ste 100
  • 1,242 SF
  • Dec 2027
  • $98.58 CAD/SF/YR $8.22 CAD/SF/MO $122,440 CAD/YR $10,203 CAD/MO
  • Modified Gross
Space Use
Retail
Build-Out
Full Build-Out
Availability
Now

****UPDATE: ACTIVE ****(Selection Protocol Reset) Unit #100 has been reactivated due to primary candidate failure to provide immediate liquidity verification. We are now prioritizing 'Day 1' ready operators for an April 1st commencement. This is a rare opportunity for a turnkey 94306 asset. Walkthroughs available for qualified principals beginning Saturday evening. Final LOIs are due Monday, March 30th at 9:00 AM. Selection will be finalized by noon. ______________________________ Secure a rare, 1,242 SF "Plug & Play" end-cap restaurant in Palo Alto with zero construction lead time. • Fixed-Cost Stability: Sublease at $7,500/month (Full Gross) through Dec 2027. • Turnkey Infrastructure: Type II Hood, Permitted Grease Interceptor, Walk-in Refrigeration, and 3-Phase Power. • Asset Purchase (FF&E): $45,000 premium covers all specialized machinery (40-Qt/20-Qt mixers, convection ovens, POS, and smallwares). This is an ideal production hub or retail location for a bakery, cafe, or high-volume food concept. Move-in ready for immediate operation. Contact today for final walkthrough slots.

  • Sublease space available from current tenant
  • Listed rate may not include certain utilities, building services and property expenses
  • Fully Built-Out as a Restaurant or Café Space
  • Space is in Excellent Condition
  • Central Air and Heating
  • Private Restrooms
  • Freezer Space
  • Security System
  • Closed Circuit Television Monitoring (CCTV)
  • Corner Space
  • Drop Ceilings
  • Recessed Lighting
  • Emergency Lighting
  • Plug & Play
  • Smoke Detector
  • Wheelchair Accessible
  • Built-in Cold Storage:Walk-ins Fridge & Freezer
  • Permitted Plumbing: 3 comp sink, grease trap, hand
  • Service Ready: Existing Sandwich/prep statio/Hood
  • Visibility: Grand Frontage on El Camino w/parking
Space Size Term Rental Rate Rent Type
1st Floor, Ste 100 1,242 SF Dec 2027 $98.58 CAD/SF/YR $8.22 CAD/SF/MO $122,440 CAD/YR $10,203 CAD/MO Modified Gross

1st Floor, Ste 100

Size
1,242 SF
Term
Dec 2027
Rental Rate
$98.58 CAD/SF/YR $8.22 CAD/SF/MO $122,440 CAD/YR $10,203 CAD/MO
Rent Type
Modified Gross
Space Use
Retail
Build-Out
Full Build-Out
Availability
Now

****UPDATE: ACTIVE ****(Selection Protocol Reset) Unit #100 has been reactivated due to primary candidate failure to provide immediate liquidity verification. We are now prioritizing 'Day 1' ready operators for an April 1st commencement. This is a rare opportunity for a turnkey 94306 asset. Walkthroughs available for qualified principals beginning Saturday evening. Final LOIs are due Monday, March 30th at 9:00 AM. Selection will be finalized by noon. ______________________________ Secure a rare, 1,242 SF "Plug & Play" end-cap restaurant in Palo Alto with zero construction lead time. • Fixed-Cost Stability: Sublease at $7,500/month (Full Gross) through Dec 2027. • Turnkey Infrastructure: Type II Hood, Permitted Grease Interceptor, Walk-in Refrigeration, and 3-Phase Power. • Asset Purchase (FF&E): $45,000 premium covers all specialized machinery (40-Qt/20-Qt mixers, convection ovens, POS, and smallwares). This is an ideal production hub or retail location for a bakery, cafe, or high-volume food concept. Move-in ready for immediate operation. Contact today for final walkthrough slots.

  • Sublease space available from current tenant
  • Listed rate may not include certain utilities, building services and property expenses
  • Fully Built-Out as a Restaurant or Café Space
  • Space is in Excellent Condition
  • Central Air and Heating
  • Private Restrooms
  • Freezer Space
  • Security System
  • Closed Circuit Television Monitoring (CCTV)
  • Corner Space
  • Drop Ceilings
  • Recessed Lighting
  • Emergency Lighting
  • Plug & Play
  • Smoke Detector
  • Wheelchair Accessible
  • Built-in Cold Storage:Walk-ins Fridge & Freezer
  • Permitted Plumbing: 3 comp sink, grease trap, hand
  • Service Ready: Existing Sandwich/prep statio/Hood
  • Visibility: Grand Frontage on El Camino w/parking

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 1,242 SF
Property Type Retail
Property Subtype Storefront Retail/Residential
Gross Leasable Area 16,274 SF
Year Built 2003
Parking Ratio 1.84/1,000 SF

About the Property

Fully provisioned 1,242 SF second-generation food service space located on the El Camino Real corridor (94306). This is a turnkey infrastructure play designed for high-volume bakery, coffee, or specialty food operators looking to bypass the 12–18 month Palo Alto permitting and construction timeline. • Walkthrough scheduling only. • Possession/Commencement: May 2026. This is a high-capacity infrastructure play with zero-construction lead time. • Lease: $7,500/mo (Full Gross / All-In). • Key Requirement: A firm Asset Purchase (FF&E) is required for the turnkey handover (terms released upon financial pre-qualification). Selection Criteria:To maintain operational security, the specific Asset Purchase Price and Technical Spec Package will only be released to principals who provide: 1. Evidence of Liquidity (Min. $75k). 2. Brief Concept Summary This is a rare opportunity for a turnkey 1242 SF "plug a& play" end cap restaurant with zero construction lead time. Ideally suited for a high volume bakery, cafe, or ghost kitchen operation. FINANCIAL SUMMARY • Monthly Rent: $7,500 (Full Gross / All-In) • Term: Sublease through December 2027 (Long-term extension possible) FACILITY HIGHLIGHTS • Size: 1,242 SF End-Cap with excellent visibility. • Ventilation: 8ft Type-2 Hood (Perfect for baking/reheating/light cooking). • Refrigeration: Large Walk-in Cooler. • Plumbing: 3-compartment sink, separate hand sinks, and integrated Grease Trap Interceptor. • Power: Upgraded electrical panel to support commercial-grade equipment. • Compliance: Fully ADA-compliant restroom and facility layout. LOCATION Situated in the heart of 94306, 4131 El Camino Real #100 serves the high-density Palo Alto and Los Altos residential/tech corridors. High traffic counts and immediate proximity to major tech campuses.

Moderately walkable
60/100
Very drivable
80/100
Some public transit
40/100
Moderately bikeable
70/100

Nearby Major Retailers

Baja Fresh
L & L Hawaiian Barbecue
Grocery Outlet
Starbucks
U.S. Bank
Hobee's Restaurant
Equinox
Marie Callender's Restaurant & Bakery
Il Fornaio
Bank of America
  • Listing ID: 39768834

  • Date on Market: 2026-03-13

  • Last Updated:

  • Address: 4131 El Camino Real, Palo Alto, CA 94306

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