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1501 Solano Ave 2,828 SF of Retail Space Available in Albany, CA 94707
HIGHLIGHTS
- Restaurant features large bar and demonstration kitchen with counter seating.
- Property is for-sale or for-lease.
- Additional seating, prep and storage in mezzanine.
- Large windows give fantastic natural light throughout the space.
- High ceilings with a brick, steel, and natural wood aesthetic.
- Kitchen is fully equipped with Type 1 Hood and walk-in refrigeration.
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 2,828 SF | Negotiable | $51.00 /SF/YR $4.25 /SF/MO $548.96 /m²/YR $45.75 /m²/MO $12,019 /MO $144,228 /YR | Full Service |
1st Floor
- Restaurant space featuring a large bar and demonstration kitchen with counter seating, complemented by expansive windows that provide fantastic natural light throughout. - Additional seating, prep, and storage are available on the mezzanine, with extra storage in the rear building. - The high ceilings highlight a stylish aesthetic of brick, steel, and natural wood. - There are two bathrooms, each with a waiting vestibule. - - The kitchen is fully equipped with a Type 1 Hood and walk-in refrigeration, and the space is serviced by heating and air conditioning. - While FF&Es and the Type 47 liquor license are not included, they are available for separate purchase. (Liquor License offered at heavily discounted rate of $25k)
- Rate includes utilities, building services and property expenses
- Fully Built-Out as a Restaurant or Café Space
- Space is in Excellent Condition
- Central Air and Heating
- Corner Space
- High Ceilings
- Secure Storage
- Wheelchair Accessible
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 1501 SOLANO AVE, ALBANY, CA 94707
- TENANT
- DESCRIPTION
- US LOCATIONS
- REACH
- Fonda
- Restaurant
- -
- -
| TENANT | DESCRIPTION | US LOCATIONS | REACH |
| Fonda | Restaurant | - | - |
PROPERTY FACTS
| Total Space Available | 2,828 SF | Gross Leasable Area | 5,329 SF |
| Property Type | Retail | Year Built | 1924 |
| Property Subtype | Restaurant |
| Total Space Available | 2,828 SF |
| Property Type | Retail |
| Property Subtype | Restaurant |
| Gross Leasable Area | 5,329 SF |
| Year Built | 1924 |
ABOUT THE PROPERTY
High-Profile Corner location across from Safeway at middle of vibrant Solano Ave. 2-unit building consisting of a restaurant space and a retail/fitness space. Property includes off-street parking and unattached storage building. Building has been seismically retrofitted per City of Albany 1998 requirements.
NEARBY MAJOR RETAILERS
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1501 Solano Ave
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