Burlway 778 Bayshore 1496 Flyer - burlway-bayshore…burlway-bayshore.com/brochure.pdf · Benihana...
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This information supplied herein is from sources we deem reliable. It is provided without any representation, warranty or guarantee, expressed or implied as to its accuracy. Prospective Buyer or Tenant should conduct an independent investigation and verification of all matters deemed to be material, including, but not limited to, statements of income and expenses. Consult your attorney, accountant, or other professional advisor. kiddermathews.com For Sale Contact Enterprise Car Rental site ±8.48 acres or 369,388 SF of land 47,902 SF gross leasable in 3 buildings Zoned SL - Shoreline Benihana Restaurant ±2.27 acres or 98,765 SF of land 8,740 SF building Zoned SL - Shoreline 100% leased Mark Melbye Senior Vice President 650.333.5174 [email protected] LIC #01006214 Features 778 Burlway Road & 1496 Bayshore Highway Burlingame, CA Rich Flaten Senior Vice President 214.213.5394 rich.fl[email protected] LIC #303229 778 Burlway Road 1496 Bayshore Highway www.burlway-bayshore.com Rare Leased Investment and Land Opportunity Available for Sale
Transcript of Burlway 778 Bayshore 1496 Flyer - burlway-bayshore…burlway-bayshore.com/brochure.pdf · Benihana...
This information supplied herein is from sources we deem reliable. It is provided without any representation, warranty or guarantee, expressed or implied as to its accuracy. Prospective Buyer or Tenant should conduct an independent investigation and verification of all matters deemed to be material, including, but not limited to, statements of income and expenses. Consult your attorney, accountant, or other professional advisor.
kiddermathews.com
For Sale
Contact
Enterprise Car Rental site
±8.48 acres or 369,388 SF of land
47,902 SF gross leasable in 3
buildings
Zoned SL - Shoreline
Benihana Restaurant
±2.27 acres or 98,765 SF of land
8,740 SF building
Zoned SL - Shoreline
100% leased
Mark MelbyeSenior Vice [email protected] #01006214
Features
778Burlway Road &1496 Bayshore HighwayBurlingame, CA
Rich FlatenSenior Vice [email protected] #303229
778 Burlway Road 1496 Bayshore Highway
www.burlway-bayshore.com
Rare Leased Investment and Land Opportunity Available for Sale
This information supplied herein is from sources we deem reliable. It is provided without any representation, warranty or guarantee, expressed or implied as to its accuracy. Prospective Buyer or Tenant should conduct an independent investigation and verification of all matters deemed to be material, including, but not limited to, statements of income and expenses. Consult your attorney, accountant, or other professional advisor.
kiddermathews.com
For Sale
778 Burlway Road & 1496 Bayshore HighwayBURLWAY ROAD & BAYSHORE HIGHWAY
This rare “Land Opportunity” is conveniently situated off Highway 101 between two major interchanges (Millbrae Avenue &
Broadway exits) on Bayshore Highway next to the Bay. The property has sweeping views from San Francisco to the South Bay.
This site is within 1/4 mile of the San Francisco International Airport.
Contact
Mark MelbyeSenior Vice [email protected] #01006214
Rich FlatenSenior Vice [email protected] #303229
This information supplied herein is from sources we deem reliable. It is provided without any representation, warranty or guarantee, expressed or implied as to its accuracy. Prospective Buyer or Tenant should conduct an independent investigation and verification of all matters deemed to be material, including, but not limited to, statements of income and expenses. Consult your attorney, accountant, or other professional advisor.
kiddermathews.com
For Sale778 Burlway Road & 1496 Bayshore HighwaySL - SHORELINE ZONING DISTRICT
778 Burlway Road is located within the City of Burlingame’s SL - Shoreline Zoning District. The description of the zoning
including permitted uses, conditional uses, zoning regulations and all other detail with respect to the property located at 778
Burlway Road in Burlingame can be found on the City of Burlingame’s website. www.burlingame.org
SL - Shorelineeffective 7/20/05SSSSSS
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B ro a
d wa y
Airpo r t B o uleva r d
Legend
BURLINGAME BAYFRONTSPECIFIC PLANAmendment to Zoning District Map
IB - Inner Bayshore
SL - Shoreline
Anza ExtensionUnclassified
AA - Anza Area
APN - Anza Point North
APS - Anza Point South
APS - AnzaPoint SouthEffective 10/19/05
AA - Anzaeffective 10/19/05
IB - InnerBayshoreeffective 8/5/05
AnzaExtension - Unclassified
Ordinance No. 1759Adopted by the City Council on July 5, 2005
APN - AnzaPoint North
effective 5/17/06
Contact
Mark MelbyeSenior Vice [email protected] #01006214
Rich FlatenSenior Vice [email protected] #303229
This information supplied herein is from sources we deem reliable. It is provided without any representation, warranty or guarantee, expressed or implied as to its accuracy. Prospective Buyer or Tenant should conduct an independent investigation and verification of all matters deemed to be material, including, but not limited to, statements of income and expenses. Consult your attorney, accountant, or other professional advisor.
kiddermathews.com
For Sale
778 Burlway Road & 1496 Bayshore HighwaySURVEY - 1496 BAYSHORE HIGHWAY
Contact
Mark MelbyeSenior Vice [email protected] #01006214
Rich FlatenSenior Vice [email protected] #303229
This information supplied herein is from sources we deem reliable. It is provided without any representation, warranty or guarantee, expressed or implied as to its accuracy. Prospective Buyer or Tenant should conduct an independent investigation and verification of all matters deemed to be material, including, but not limited to, statements of income and expenses. Consult your attorney, accountant, or other professional advisor.
kiddermathews.com
For Sale778 Burlway Road & 1496 Bayshore HighwaySURVEY - 778 BURLWAY ROAD
Contact
Mark MelbyeSenior Vice [email protected] #01006214
Rich FlatenSenior Vice [email protected] #303229
This information supplied herein is from sources we deem reliable. It is provided without any representation, warranty or guarantee, expressed or implied as to its accuracy. Prospective Buyer or Tenant should conduct an independent investigation and verification of all matters deemed to be material, including, but not limited to, statements of income and expenses. Consult your attorney, accountant, or other professional advisor.
kiddermathews.com
For Sale
778 Burlway Road & 1496 Bayshore Highway
1496 Bayshore Highway
778 Burlway Road
778 BURLWAY ROAD 1496 BAYSHORE HIGHWAY
±8.48 Acres (±369,388.80 SF Land)
±47,902 SF Gross Leasable in 3 Buildings
Zoned SL - Shoreline
±2.27 Acres (±98,765 SF Land)
±8,740 SF Building
Zoned SL - Shoreline
Contact
Mark MelbyeSenior Vice [email protected] #01006214
Rich FlatenSenior Vice [email protected] #303229
This information supplied herein is from sources we deem reliable. It is provided without any representation, warranty or guarantee, expressed or implied as to its accuracy. Prospective Buyer or Tenant should conduct an independent investigation and verification of all matters deemed to be material, including, but not limited to, statements of income and expenses. Consult your attorney, accountant, or other professional advisor.
kiddermathews.com
For Sale778 Burlway Road & 1496 Bayshore Highway
Contact
Mark MelbyeSenior Vice [email protected] #01006214
Rich FlatenSenior Vice [email protected] #303229
1496 BAYSHORE HWY-BENIHANA RESTAURANT
100% Leased. Benihana renewed for 5 years in May 2007 through 04/30/12, and has two additional five (5) year options.
Benihana completed over $6 million in extensive remodeling work before it re-opened in August 13, 2007.
Monthly Rent = $126,000 NNN Per Year of $10,500 NNN Per Month
2.03 Percentage Rent: Rent in addition to Minimum Rent.
5% of Tenants Gross Sales in Excess of $1,400,000.00 up to $1,700,000.00 = $300,000.00 x 5% = $15,000.00
6% of Tenants Gross Sales in Excess of $1,700,000.00 up to $2,000,000.00 = $300,000.00 x 6% = $18,000.00
7% of Tenants Gross Sales in Excess of $2,000,000.00 = $300,421,938.34 x 7% = $272,535.68
Projected Annual Percentage Rent $272,535.68
Annual NNN Rent $126,000.00
Total Projected Annual Rent $398,535.68
