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TURN-KEY RESTAURANT OPPORTUNITY SAN DIEGO’S GASLAMP QUARTER 5 TH AVE & F STREET JIM RINEHART | Lic. #1824068 | 619-726-8557 | [email protected] +/- 2,173 SF-8,717 SF AVAILABLE ON TWO LEVELS

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Page 1: TURN-KEY RESTAURANT OPPORTUNITY - Retail Insiteretailinsite.net/downloads/downtown_williampenn_maloneys.pdf · 2017-03-14 · factors which should be evaluated by your tax, financial

TURN-KEY RESTAURANT OPPORTUNITYSAN DIEGO’S GASLAMP QUARTER 5TH AVE & F STREET

JIM RINEHART | Lic. #1824068 | 619-726-8557 | [email protected]

+/- 2,173 SF-8,717 SF AVAILABLE ON TWO LEVELS

Page 2: TURN-KEY RESTAURANT OPPORTUNITY - Retail Insiteretailinsite.net/downloads/downtown_williampenn_maloneys.pdf · 2017-03-14 · factors which should be evaluated by your tax, financial

the WILLIAM PENN building 5th & F Streeet

3

NO LONGER A HOTEL. This Mixed Use Property Includes:

• Two leasing options available:

1- Former restaurant Bar space (ground floor & BASEMENT) apx 8,717 SQUARE FEET

2- ground flooR Retail space apx 2,173 square feet

• 18 quality residential apartments

• New restaurant opening in adjacent space; Tacos El Gordo.

Page 3: TURN-KEY RESTAURANT OPPORTUNITY - Retail Insiteretailinsite.net/downloads/downtown_williampenn_maloneys.pdf · 2017-03-14 · factors which should be evaluated by your tax, financial

the WILLIAM PENN building 5th & F Streeet

5

• ICONIC Gaslamp Location• Once in a Life-time RARE Opportunity• Ability to capture robust traffic of San Diego’s premier urban street• Incorporate the historical elegance into your retail success today• Turn-Key Restaurant Space, Fully Fixturized Kitchen & Bar • FF&E & Type 47 Liquor License available for Transfer• Suitable for retail, bar/lounge & food uses• Ownership is open to Demising options• All apartment units above will be upgraded

Surrounding area includes:

HIGHLIGHTS

A STORIED STREET IS READY FOR THE NEXT CHAPTER

Page 4: TURN-KEY RESTAURANT OPPORTUNITY - Retail Insiteretailinsite.net/downloads/downtown_williampenn_maloneys.pdf · 2017-03-14 · factors which should be evaluated by your tax, financial

the WILLIAM PENN building 5th & F Streeet

7

SPACE detailsSTREET LEVEL:

BASEMENT LEVEL:

• Turn-Key Kitchen & Bar infrastructure in place

• +/- 2,173 SF on the ground floor for access and a bar

• Approximately +/-6,544 SF of basement bar & kitchen space

• An internal Elevator and Stairwells exist to connect from street level.

• Includes All FF&E & Liquor License Type 47 for transfer

MAIN ENTRANCE

____

__5T

H A

VE

NU

E__

___

______F STREET_______

____

__5T

H A

VE

NU

E__

___

______F STREET_______

About TACOS EL GORDO:• Family owned restaurant, in the

food industry for over 40 years

• Opened their first location in 1972.

• Rated BEST TACO SHOP in the US by YELP

• Recognized for authentic Tijuana style Tacos, customers are known to travel and wait in long lines to eat at Tacos El Gordo.

• 5 current locations throughout San Diego & Las Vegas.

AVAILABLE

AVAILABLE

AVAILABLEKITCHEN

RESTROOMS

Existing Bar

SPACE AVAILABLE Option 1: SEPARATE: Apx. 2,173 SF total

Option 2: COMBINED: Apx. 8,717 total

Page 5: TURN-KEY RESTAURANT OPPORTUNITY - Retail Insiteretailinsite.net/downloads/downtown_williampenn_maloneys.pdf · 2017-03-14 · factors which should be evaluated by your tax, financial

the WILLIAM PENN building 5th & F Streeet

9

RESIDENTIAL growth Downtown over 10 years

Downtown

SF of CONTIGUOUS retail & restaurants

In the Gaslamp

Gaslamp Quarter

AREA details

MARINA

LITTLE ITALY

SAN DIEGO INTERNATIONAL AIRPORT

CONVENTION CENTER

USS MIDWAY

FEDERAL BUILDING

GASLAMP QUARTER

HORTON PLAZA

SEAPORT VILLAGE

EAST VILLAGE

BALBOA PARK

PETCO PARK

THE GASLAMP QUARTER• The Gaslamp Quarter is San Diego’s number one

tourist destination.

• The Gaslamp Quarter attracts approximately 20 Million visitors per year

• The Gaslamp Quarter, a 16.5 block neighborhood that houses more than 100 restaurants and nightclubs, movie theaters, retailers, offices, galleries and urban live/work lofts, provides a unique opportunity to open a store in the heart of San Diego’s thriving Downtown.

• San Diego’s Gaslamp Quarter has flourished into one of the most desirable urban neighborhoods on the West Coast.

MILLION visitors annually

LARGEST city in the U.S.1.3 Million residents in

the City Limits

San Diego

Page 6: TURN-KEY RESTAURANT OPPORTUNITY - Retail Insiteretailinsite.net/downloads/downtown_williampenn_maloneys.pdf · 2017-03-14 · factors which should be evaluated by your tax, financial

the WILLIAM PENN building 5th & F Streeet

11

SmartFarms

Industry

Starbucks ENCORE

ChoponAfgan

QualitySocial

Condos

Asti

Panevino

Taste On 4th

Green Health

Monsoon

Le TravelStore

I-Hop

The StageMaloney’s

CAKE NightClub

TGIF

Deco’s

McFaddens

Reading Cinemas

Bucca DeBeppo

Baliwick

Café 121The Hopping Pig

Fish Bar

Pizza on 5th

Tin RoofFLORENT

ShoutHouse

Whiskey Girl

Hooters

Blue Point

Taca Sushi

Cuban Cigar Factory

Chocolate The Bike Revolution

Style Lounge

VacantParking Lot

CVS

Pharmacy

Gaslamp Pizza Heavenly Cupcake

Tivoli Bar

ForSale

Makers Quarter

CesarsCigar

Lounge

Motor CityBar &Grill

Runk Salon

Tanning

Wet Willie’s

ExclusiveCollectibles

Nicki & Co.Nicky Rottens

The Fieldmy yogurtThe

Standard Bar & Grill

Burger Lounge

Eden Clothing

Prudential

BlarneyStone

VACANTSultan Shawarma Restaurant

TabuleThe New Yorker

The Art OfTim Cantor

Kita

Museum

Bice

B of

A

SketchersRoyalThai

BerkleyPizza

Pure NightClub

Balpark Self Storage OM

Chase ATMG-Star Row

OakleyBolilloTortas

Oce

anair

eSe

afoo

d

Pink Zone

So Good Jewelry

Betty Page

Puma

Quicksilver

Werewolf

Barley Mash

FogoDe Chao

Gooni Bros Hat

Dolcetti Boutique

Lime TequillaBar Ghiradelli

UrbanOutfitters

Lucky Brand

Sear

suck

er

BangBang

Cino’sPizza

SideBar

SurfaceParking

Bacc

hus W

ine

Hol

onis

The

Cou

nter

Park it on Market

San DiegoConvention Center

Omni Hotel511 Rooms

McCormickSchmitts

Old HarborDistilling

Co.

TinFish

Sixth and Market Cafe

Funk

y G

arcia

sEl

Pul

po

The

Reef

Kam

ikaze

7TipsyCrow

2 Good2 B

Viva CafeLulu

7-11

Ace Hardware

Grey Stone

Chianti

Ocean Room

La Fiesta

Henry’s Pub

5

5

5

Monkey Paw

&Toca Madera

Don Chido

E HARBOR DR

W HARBOR DR

W BROADWAY

W C ST

BROADWAY BROADWAY

C STC ST

E ST

G STW G ST

W F ST

W E ST

W MARKET ST

ISLAND AVE

MARKET ST

ISLAND AVE

J STJ ST

W ISLAND AVE

F ST F ST

G ST

MARKET ST

J ST

K ST

L ST

PARK BLVD

5TH AVE

6TH AVE

4TH AVE

3RD AVE

2ND AVE

1ST AVE

FRONT ST

9TH AVE

7TH AVE

8TH AVE

11TH AVE

12TH AVE

13TH ST

14TH ST

15TH ST

16TH ST

17TH ST

5TH AVE

6TH AVE

4TH AVE

3RD AVE

2ND AVE

1ST AVE

FRONT ST

9TH AVE

7TH AVE

8TH AVE

11TH AVE

12TH AVE

13TH ST

14TH ST

15TH ST

16TH ST

17TH ST

3RD AVE

1ST A

VE

11TH AVE

10TH AVE

12TH AVEPARK BLVD

13TH ST

14TH ST

15TH ST

16TH ST

17TH ST

SAN DIEGO FWY

JOHN J. MONTGOMERY FWY

SAN DIEGO FWY

JOHN J. MONTGOMERY FWY

SAN DIEGO FWY

JOHN J. MONTGOMERY FWY

10TH AVE10TH AVE

READING CINEMAS

Dou

ble

Stan

dard

Offi

ce

Offi

ce

P

Ace Hardware

Sixth and Market Cafe

Viva

Le TravelStore

Monsoon

The Stage

Zymology 21

The Hopping Pig

Fish Bar

Pizza on 5th

Asti

Panevino

Whiskey Girl

Taste on 4th

Green Health

I-Hop

CafeLulu

2 Good2B

TipsyCrow

Blue Point

Taca Sushi

Don Chido

7-Eleven

Style Lounge

Chocolate

Gaslamp Pizza Heavenly Cupcake

The Bike Revolution

VacantParking Lot

CesarsCigar

LoungeGaslamp

BBQ

Cuban Cigar Factory

Rustic Root

Runk Salon

Tanning

Blush

Tin Roof

Shout House

The Garage

Werewolf

HootersHenry’s Pub

La Fiesta

Ocean Room

Chianti

Grey Stone

McFaddens

Deco’s

TGIF

Cake Night Club

Pushkin

Ocean PacificGrille

&Toca Madera

GASLAMP 15 Redevelopment

Tivoli Bar

CVS Pharmacy

Crazy Goose

P

Bucca DeBeppo

Condos

Dolcetti Boutique

Gooni Bros Hat

Lucky Brand

BangBang Cino’s

Pizza

Fogo De Chao

Le ParfaitParis

SideBar

Lime TequilaBar Ghiradelli

ExclusiveCollectiblesNicki & Co

TabuleThe New Yorker

The Art ofTim Cantor

Kita

Museum RoyalThai

BlarneyStone

Berkshire Hathaway

Eden Clothing

Burger Lounge

The Grand

1919

My Yogurt

The Field

FOR LEASESultan Shawarma Rest.

The

Reef

Kam

ikaze

7El

Pul

poFu

nky

Gar

cias

G STREET

4TH

AVE

5TH

AVE

6TH

AVE

7TH

AVE

MARKET STREET

ISLAND AVE

Florent

Office

Cleaners

Divan Lounge

PACIFIC HOTEL

Hotel Z

Viva Brazil

Coffee & Art

Comfort Inn

AVAILABLE

75 annual conventions were held,

with an estimated attendance

of more than 520,000 individuals

representing approximately $560

million in direct spending

$85,000-$150,000Estimated incomes needed to qualify for residential apartments for those moving

into downtown San Diego.[based on 3 times earnings and asking rental rates

of new construction]

11,786 Hotel rooms in 2 mile radius

75,000 Daily employees

NineResidential high-rise buildings currently

under construction

11.2% of Households earn above $150,000 Annually.

Population 40,874

Average Age 42

Average Income $70,000

DOWNTOWN AREA STATS

F STREET

E STREET

FutureMoxy Hotel

Trailer Park After Dark

UrbanGreely Building

Doner Cafe

De Medici American Comedy

Brian's 24

Ramada Inn

Double DeuceFoxx

Brob

erto

s

Analog

Thin Onyx

Gaslamp Tavern Quad Ale

House

Nara Sushi

Pawn Shop

Aztec Jewelry Lucky 12Bastard Saloon

Bandar

Allure

Casablanca LoungeSadat Persian CuisineSamurai Pie Pizza

Coyote Ugly

Cafe 21

The Kaeting HotelHard Rock Cafe

Tony

's Pi

zza

Los

Panc

hos

STK Rebel

Andaz Hotel

Fairfield Marriott

Jewelers Exchange P

Tacos El Gordo

Page 7: TURN-KEY RESTAURANT OPPORTUNITY - Retail Insiteretailinsite.net/downloads/downtown_williampenn_maloneys.pdf · 2017-03-14 · factors which should be evaluated by your tax, financial

FOR MORE INFORMATION, PLEASE CONTACT:

Jim Rinehart Erin CadieuxLic. #1824068 Lic. #[email protected] [email protected]

The information above has been obtained from sources believed to be reliable. While we do not doubt its accuracy, we have not verified it and make no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the property. The value of this transaction to you depends on tax and other factors which should be evaluated by your tax, financial and legal advisors. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs.

12264 El Camino Real Ste. 202 San Diego, CA 92130

Lic. # 01206760 | T: 858 523 2090 retailinsite.net