933 4th Ave.

San Diego, CA 92101

Located on one of Downtown San Diego’s primary corridors, 933 4th Avenue benefits from exceptional street frontage, strong pedestrian traffic, and outstanding visibility to both daytime business activity and nighttime entertainment crowds. Situated within walking distance to upscale hotels, luxury apartment towers, the courthouse, and the financial district, this high-traffic urban location offers exceptional long-term upside for restaurant and hospitality operators seeking immediate downtown presence at one of the lowest entry points in the market. Offered at an aggressively priced lease rate of only $10,000 per month including NNN, this rare turnkey restaurant opportunity consists of approximately 3,000 SF–4,200 SF and features an existing bar, large dining area, and maximum occupancy of 143. The fully built-out kitchen includes (2) large commercial hoods, walk-in refrigerator, grease trap, and substantial existing FF&E and restaurant infrastructure, allowing a new operator to significantly reduce startup costs, minimize major capital expenditures, and accelerate opening timelines. 933 4th Avenue presents a rare opportunity to lease a fully built-out turnkey restaurant space in the heart of Downtown San Diego. Positioned along one of the area’s primary commercial and entertainment corridors, the property benefits from exceptional visibility, strong street presence, and consistent pedestrian activity throughout both daytime and evening hours. The location is surrounded by a dense mix of office users, hospitality venues, residential towers, nightlife destinations, and entertainment attractions, creating a built-in customer base for a wide variety of restaurant and hospitality concepts. The space consists of approximately 3,000 SF–4,200 SF and is ideally suited for operators seeking immediate market entry while minimizing upfront capital expenditures and construction timelines. The existing layout includes a large dining room, established bar area, and a maximum occupancy capacity of 143 patrons. The fully built-out kitchen is equipped with significant existing infrastructure including (2) large commercial hoods, walk-in refrigerator, grease trap, and substantial restaurant improvements and FF&E already in place. This existing infrastructure creates meaningful value for incoming operators by significantly reducing startup costs and accelerating opening timelines compared to a typical second-generation restaurant conversion. One of the most compelling aspects of this opportunity is the aggressive lease rate of only $10,000 per month including NNN, positioning the property as one of the lowest price entry points for a fully improved downtown San Diego restaurant location of this size and quality. In today’s market, opportunities to secure a fully operational restaurant space with substantial existing infrastructure at this occupancy cost are increasingly limited. The favorable economics provide operators flexibility to allocate capital toward branding, staffing, marketing, and operational growth rather than extensive tenant improvements. The property’s strategic downtown location places it within walking distance of several upscale hotels, luxury apartment towers, the courthouse, and the financial district, allowing operators to draw from multiple customer demographics including business professionals, downtown residents, hotel guests, convention visitors, legal and financial employees, nightlife patrons, and tourists. The surrounding neighborhood continues to evolve as Downtown San Diego experiences ongoing residential growth, hospitality investment, and increased activity driven by entertainment, tourism, and business travel. The space is well suited for a broad range of concepts including upscale casual dining, sports bar and grill concepts, chef-driven restaurants, cocktail lounges, international cuisine, brunch concepts, fast casual flagships, entertainment-focused dining, and hospitality-oriented food and beverage operations. Its combination of size, visibility, infrastructure, and pricing creates a unique opportunity for both experienced operators and emerging brands seeking a high-profile downtown presence with strong long-term upside potential. For operators looking to establish or expand within the Downtown San Diego market, 933 4th Avenue offers a rare combination of turnkey infrastructure, prime urban positioning, strong surrounding demographics, and highly competitive lease economics rarely available in today’s market.

Listed by Geoffrey Turchin of The Agency (858) 967-4653



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Last checked 2026