San Diego, California, is a city that boasts a unique blend of natural beauty, rich history, and economic vitality, making it an ideal location for restaurants. With its mild Mediterranean climate, beautiful beaches, and strong ties to the U.S. Navy, San Diego is a popular destination for tourists and locals alike. The city's economy is driven by military and defense activities, tourism, international trade, research, and manufacturing, creating a diverse and thriving business environment. As a result, restaurants in San Diego have a unique opportunity to cater to a wide range of customers, from military personnel and tourists to professionals and families. With 84 restaurants for lease available, entrepreneurs and restaurateurs can find the perfect location to establish their business. The average annual rent per square foot is $38 USD, and the average size of available restaurants is 3,275 square feet, with some spaces reaching up to 9,203 square feet. San Diego's attractions, such as Balboa Park, the San Diego Zoo, and SeaWorld San Diego, draw millions of visitors annually, providing a steady stream of potential customers for restaurants. Additionally, the city's growing prominence in healthcare and biotechnology has led to an influx of professionals and researchers, creating a demand for high-quality dining options.
San Diego's restaurants are part of a larger commercial real estate landscape that includes retail space, commercial real estate, and flex space. The city's retail space is characterized by a mix of upscale boutiques, outdoor shopping centers, and historic districts, such as the Gaslamp Quarter. Commercial real estate in San Diego is driven by the city's strong economy, with a diverse range of industries, including defense, tourism, and biotechnology. Flex space, which combines office and industrial space, is also available in San Diego, catering to businesses that require a unique blend of functionality and flexibility. With its diverse range of property types and locations, San Diego offers entrepreneurs and businesses a unique opportunity to establish themselves in a thriving and dynamic market. Whether you're looking to establish a restaurant, retail store, or commercial operation, San Diego has the perfect location and property type to suit your needs.
How are restaurant leases typically structured?
Restaurant leases in San Diego are typically structured with a base rent that averages around $38 USD per square foot, with a minimum of 5-10 years commitment. The average size of a restaurant lease in San Diego is around 3,275 square feet, with maximum space sizes reaching up to 9,203 square feet, offering flexibility for restaurateurs to choose the perfect space for their business.
What kitchen equipment is usually included in restaurant leases?
When searching for a restaurant lease in San Diego, you'll typically find that the kitchen equipment included varies depending on the specific property and landlord. However, common kitchen equipment found in restaurant leases in San Diego may include commercial-grade appliances such as ovens, stoves, refrigerators, dishwashers, and ventilation systems, as well as utensils, pots, and pans, which can help you get your business up and running quickly.
