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5049 Newport Ave 2,076 SF of Retail Space Available in San Diego, CA 92107
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 2,076 SF | Aug 2030 | Upon Request Upon Request Upon Request Upon Request | Triple Net (NNN) |
1st Floor
PRICE REDUCED CONFIDENTIAL - Please do not speak with employees or customers. Extremely Rare Ocean Beach restaurant/bar with full liquor license for sale. Main and main type location on one of the neighborhood’s busiest thoroughfares. Located right off the beach and nearby to an expansive variety of other restaurants, bars, hotels, and boutiques. Great conversion opportunity for an experienced hospitality operator to acquire a coastal restaurant/bar location with existing alcohol licensing in place. Sale includes all owned furniture, fixtures, equipment and Type 47 ABC License (full liquor). Tradename, concept, and menu will be excluded. Size: Approx. 2,076 SF Rent: Contact Broker Lease: Expires 8/31/2030 + (2) 5-year options ABC License: Type 47 Asset Sale Price: $345,000 – Potential seller financing available subject to deal terms/buyer qualifications.
- Sublease space available from current tenant
- Lease rate does not include utilities, property expenses or building services
- Located in-line with other retail
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.
SELECT TENANTS AT 5049 NEWPORT AVE, SAN DIEGO, CA 92107
- TENANT
- DESCRIPTION
- US LOCATIONS
- REACH
- Sapporo
- Restaurant
- 1
- -
| TENANT | DESCRIPTION | US LOCATIONS | REACH |
| Sapporo | Restaurant | 1 | - |
PROPERTY FACTS
| Total Space Available | 2,076 SF | Gross Leasable Area | 6,246 SF |
| Property Type | Retail | Year Built | 1945 |
| Property Subtype | Restaurant | Parking Ratio | 0.32/1,000 SF |
| Total Space Available | 2,076 SF |
| Property Type | Retail |
| Property Subtype | Restaurant |
| Gross Leasable Area | 6,246 SF |
| Year Built | 1945 |
| Parking Ratio | 0.32/1,000 SF |
ABOUT THE PROPERTY
Mixed-use building located a half a block from the Pacific Ocean on the main retail thoroughfare in Ocean Beach.
NEARBY MAJOR RETAILERS
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5049 Newport Ave
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