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Restaurant Space Across from UC Berkeley 2480 Bancroft Way
2,052 SF of Retail Space Available in Berkeley, CA 94704
Highlights
- Restaurant space for lease in ground floor of new 8-story mixed-use apartment building with 28 units
- Extremely heavy foot traffic: Over 2,500 pedestrian crossings per hour at the corner of Telegraph Avenue and Bancroft Way, just ½ block away
- Easy walk to Downtown Berkeley, and BART
- Directly across from the UC Berkeley Student Union and Eshelman Hall. Near Telegraph Avenue
- Situated amidst TONS of student housing
- Berkeley’s Telegraph District is filled with restaurants, bookstores, shops, and street vendors
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Ceiling
- Term
- Rental Rate
- Rent Type
| Space | Size | Ceiling | Term | Rental Rate | Rent Type | |
| 1st Floor | 2,052 SF | 12’5” | Negotiable | Upon Request Upon Request Upon Request Upon Request | Negotiable |
1st Floor
Restaurant space for lease in ground floor of new 8-story mixed-use apartment building with 28 units. Directly across from the UC Berkeley Student Union and Eshelman Hall, and near Telegraph Avenue. See page 3 of brochure for Infrastructure Specs. Extremely heavy foot traffic: Over 2,500 pedestrian crossings per hour at the corner of Telegraph Avenue and Bancroft Way, just ½ block away. Close to UC classrooms, administration buildings and sports facilities . Serving over 69,700 students and UC Berkeley employees, as well as open to the public. Demographics: $4.04B in total spending power (Palo Alto $2.97B, Walnut Creek $2.07B). Easy walk to Downtown Berkeley, and BART. Short walk to Telegraph-Channing public parking garage with over 400 public parking spaces. Nearby eateries include Chipotle, Jamba Juice, Cream, Mezzo, Sliver Pizzeria, Super Duper, Tacos Sinaloa, Kip’s Bar and Grill, Bongo Burger, and Peet’s Coffee. Steps away from Zellerbach Playhouse, Cal Performances, Haas Pavilion, and Spieker Aquatics Complex. Berkeley’s Telegraph District is filled with restaurants, bookstores, shops, and street vendors. Situated amidst TONS of student housing. Telegraph Avenue has high tourist appeal – especially on the weekends and late into the evenings.
- Located in-line with other retail
- Space is in Excellent Condition
- Finished Ceilings: 12’5”
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.
PROPERTY FACTS FOR 2480 Bancroft Way , Berkeley, CA 94704
| Property Type | Retail | Gross Leasable Area | 6,000 SF |
| Property Subtype | Storefront | Year Built | 1930 |
| Property Type | Retail |
| Property Subtype | Storefront |
| Gross Leasable Area | 6,000 SF |
| Year Built | 1930 |
About the Property
Restaurant space for lease in ground floor of new 8-story mixed-use apartment building with 28 units. Directly across from the UC Berkeley Student Union and Eshelman Hall, and near Telegraph Avenue. See page 3 of brochure for Infrastructure Specs. Extremely heavy foot traffic: Over 2,500 pedestrian crossings per hour at the corner of Telegraph Avenue and Bancroft Way, just ½ block away. Close to UC classrooms, administration buildings and sports facilities. Serving over 69,700 students and UC Berkeley employees, as well as open to the public. Demographics: $4.04B in total spending power (Palo Alto $2.97B, Walnut Creek $2.07B). Easy walk to Downtown Berkeley, and BART. Short walk to Telegraph-Channing public parking garage with over 400 public parking spaces. Nearby eateries include Chipotle, Jamba Juice, Cream, Mezzo, Sliver Pizzeria, Super Duper, Tacos Sinaloa, Kip’s Bar and Grill, Bongo Burger, and Peet’s Coffee. Steps away from Zellerbach Playhouse, Cal Performances, Haas Pavilion, and Spieker Aquatics Complex. Berkeley’s Telegraph District is filled with restaurants, bookstores, shops, and street vendors. Situated amidst TONS of student housing. Telegraph Avenue has high tourist appeal – especially on the weekends and late into the evenings.
- Mezzanine
- Tenant Controlled HVAC
Nearby Major Retailers
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Restaurant Space Across from UC Berkeley | 2480 Bancroft Way
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