419 Main St Ventura, CA 93001

This exceptional 5,449-square-foot restaurant space is ideally situated at 419 E Main St, Suites B and C, in the vibrant heart of downtown Ventura, California (zip code 93001). Located within "The Courtyard," a multi-tenant building also housing Rice By Mama and GiddyUp, this second-generation space boasts a fully equipped commercial kitchen, including a walk-in keg cooler. Benefit from a southern exposure in one of downtown Ventura's best blocks, within a historically significant building that has undergone extensive earthquake retrofitting and fire suppression system upgrades. The property offers significant lease concessions for the remainder of 2024, including a four-month rent abatement upon lease commencement. Year one features a base rent of $13,000 per month with CAM abated at $3,000. Year two sees a base rent of $13,000 per month and a 50% CAM abatement ($1,500). Year three's rent is $16,000 per month. Years four and five (including option years) will see annual base rent increases of no less than 3-5%, based on the CPI, with actual CAM charges. The space is approximately 5,449 square feet, with a base rent of $2.39 per square foot per month and a CAM of $0.55 per square foot per month. This is a single-tenant space in a Ventura County building. This presents a unique opportunity for a restaurant operator seeking a well-equipped, established location in a thriving downtown area.