In addition to avoiding the hefty fees associated with winning municipal approvals for a new restaurant, you also stand a chance of finding second-generation restaurant space for which a liquor license has already been secured, said Rob Samtmann, a Principal at Equity Retail Brokers. Here are some quick tips on leasing a restaurant available at this link that help you avoid disaster. The buildings general use is retail. WebThe. Ft. Former Applebee's Restaurant Space for Lease or Purchase. It seems like the right size. 3) Ask the landlord to provide HVAC, Electric, Grease Trap and Hood information/capacities so you can verify with your contractor, electrician or architect whether they will handle your equipment and/or cooling needs. WebFully equipped, 2nd generation restaurant space with outdoor patio perfectly located at the corner of 11th and Massachusetts Avenue. Space is 1,182 Sq. Surrounded by Gleannloch Farms, Memorial Northwest and other great community neighborhoods. He represents the landlord. The listed lease rate is contact for pricing. Minutes away from I-10 and Grand Parkway. For a better overview of availability in the market, consider some additional information on listings in the area: There are currently 6 retail spaces for lease in the same neighborhood of Bluemont. WebRestaurant Leasing - ShopCore Properties skip to main content ShopCore provides high-quality, well-located retail properties for lease that enable businesses to thrive. All you need is Landlord approval and you can take over this space. He or she should also carefullyreview the data before it is submitted so it puts you in the strongest negotiating position. The buildings general use is retail. 4 $3,900,000 Cash Flow: $700,000 Contact WebThere is currently 1 listing available in the retail property located at 800 N Glebe Rd in Arlington, VA 22203. WebSecond generation restaurant is located in the Conejo Valley's Newbury Park area. ! 2016-2023 The Food Corridor. This restaurant for sale is priced to sell so don't hesitate to buy this restaurant facility. WebCheck out our 2,409 SF second generation restaurant space available for lease at 626 Can Do Expressway, Hazleton, PA 18202. Renting an unoccupiedrestaurant space for lease may seem like an easy thing to do but we warn all restaurant buyers that in any negotiation, the landlord is not your friend. If you buy, you're stuck if the market changes against you. Before undergoing that search, consider the SMART approach to leasing a restaurant to define your search and get the best results. WebBeautiful restaurant with kitchen and event space with fully equipped kitchen Waterman Building lobby. At city level, there are 33 commercial properties, of which 3 are for general or specific retail use and are at least 50,000 square feet in size. WebType 1 hood in place. In fact, nearly 90% of all restaurants occupy leased space. Los Angeles office today! This 1300 square foot Among them, the largest availability offers 2,187 SF. ft. - 5,010 sq. Looking for a fast close to the deal! WebSave Money: One of the more difficult decisions facing a restaurant owner in selecting a site is whether to build out from a vanilla shell or take on a second generation site that Its also a great way to build investor support for your new business before leasing a restaurant. WebThere is currently 1 listing available in the retail property located at 800 N Glebe Rd in Arlington, VA 22203. Retail. Is it becoming apparent why you shouldSTOPbefore calling the number on that sign? Real Estate also available for $2,600,000 Call Scott Ofstein at 954-914-2354 for details. Silver Spring Office & Coworking for Rent, Building on the corner of N. Glebe and Wilson Blvd, Beautifully built out 2nd Generation Restaurant Space, Walking distance to Ballston Metro Station, Nearby retailers include Starbucks, Silver Diner, PF Chang's and many more. WebType 1 hood in place. KC BBQ Restaurant for Sale with $1.4M in Sales & over $247,000 in Earnings! Posted Property located on Highway 6, between Colonial Lakes Drive and Riverstone Boulevard. Property Size 3,662 SF. 8,071 SF second generation restaurant available for lease; Close proximity to the highly affluent communities of Winter Park and Maitland; Maitland - 8,071 SF 2nd Generation Restaurant is located at 1351 S Orlando Ave in the Maitland neighborhood, Maitland, FL 32751. . These amount to a total of 63,506 SF of available retail space. WebFind your new home at 2105 2nd St NE located at 2105 2nd St NE, Washington, DC 20002. Steps from the heart of Castro. This is less costly for a tenant than a cold dark shell but not as inexpensive as finding the third category of space, second generation. Web2nd Gen Restaurant Leasehold and Asset Sale - Lockehouse For Lease 2nd Gen Restaurant Leasehold and Asset Sale 7383 Melrose Ave, Los Angeles, CA, 90046 5,000 SF Download Flyer Matthew Fainchtein Executive Managing Director (213) 468 - 6325 matthew@lockehouse.com Leasing a restaurant can be a daunting task for the inexperienced restaurant owner. Property collateral Marketing Flyer Prime Del Mar Village Retail Space For Lease 1412 Camino Del Mar 730 SF Retail space available in the heart of Del Mar Village. The key is, the place still needs to feel like an exciting, new experience to anyone who walks through the door.. As you read the online ads for leasing a restaurant space, you'll run across industry terms that are just not that well known. ft. 2701 South Presa Street San Antonio, TX 78210 Request Info 1/8 $28/SF/YR Shops at Exeter Retail 3 spaces available 1,240 sq. WebCheck the list of all Cheap Apartment near Restaurant/Qsr 2nd Generation. Find in-depth data, including ownership details, transaction history, property characteristics, tenant information, local real estate market insights and more at CommercialEdge. ft. - 3,734 sq. The first thing to understand is the condition of the space being offered to you. What does that mean? PROPERTY OVERVIEW. Regency Centers is a preeminent national owner, operator, and developer of shopping centers located in suburban trade areas with compelling demographics. san francisco > WebProperty Facts. There is currently one space available at Maitland - 8,071 SF 2nd Generation Restaurant. While the competition for great restaurant locations is high, we're going to tell you how to do your homework, prepare your business plan and land that ideal restaurant space for lease. +1 407 461 6415, +1 407 362 6142 Check availability now! This location is also easily accessible on foot from Ballston Metro Station and a range of dining and shopping options. Attorneys typically only look at the legal terms. WebSpace Type Retail ; Lease Rate Contact for pricing; Total Space Available 3,662 SF; Divisible Space 3,662 - 3,662 SF; Available Date Immediate; Lease Type NNN; Sublease Yes; This second-generation restaurant space offers a dynamic layout and features a patio, making it an ideal location for urban-style dining. https://northrimpdx.com/listings/second-generation-restaurant-at-the-waterman-100/, this article to make sure you are prepared. Current availability totals 8,071 square feet. This is it! WebLocation has been a restaurant for 67 years. 2023-04-26 16:58. Steps from the heart of Castro. Here are five of the most common mistakes (or blunders) you can make in leasing a restaurant. This property is located on Westheimer Road, just west from Hayes Road in Westchase District - the heart of Houstons vibrant westside. . This is by far the least expensive as the walls, ceilings, equipment (in many cases). Web696 E Altamonte Drive Altamonte Springs, FL 32701. The space listed for lease is described as retail. As weve discussed in a prior blog post, a good broker will look carefully at the location, visibility, co-tenancy, and access to evaluate the site. This is a unique opportunity to place your WebCheck out our 2,409 SF second generation restaurant space available for lease at 626 Can Do Expressway, Hazleton, PA 18202. Negotiating the terms and getting an agreement you can live with for five, ten, or even more years should be undertaken with caution. The basic logic of taking second-generation restaurant space is to let that prior restaurateur spend the money on buildout. Current spaces for lease at 2nd Generation Restaurant Space add up to a total of 2,187 SF. Large Restaurant Space for Lease next to Movie Theater in Lake County Fl. Terms of Use | Privacy Policy, We Sell Restaurants Named a 2023 Top Low-Cost Franchise by Franchise Business Review, How to Sell a Failing Restaurant 5 Things Every Restaurant Seller Should Know, New Restaurant Space for Lease in Historic Downtown Perry, Restaurant Space for Lease in Booming Cherokee County, 2 New Restaurant endcap Restaurant Spaces for Lease with Patios. 5085 WESTHEIMER RD. Office (415) 404-7313. Of this, minimum divisible area is 3,662 square feet. There are a number of advantages to leasing rather than buying that include: How do you get started if you want to lease an existing restaurant space? Maven Retail | Office | Industrial. Interested in researching more about this property? The space More public record information on 13 Marcus Garvey Blvd, Brooklyn, NY 11206. ft. 1700 E 2nd St Austin, TX 78702 Request Info $19/SF/YR One Westlake Plaza Retail 3 spaces available 1,552 sq. Main: 610.645.7700, Running with Equity Retail by David Goodman, David Goodman, a Principal at Equity Retail Brokers, Rob Samtmann, a Principal at Equity Retail Brokers. CAMS -CAM is an acronym for Common Area Maintenance. Common area maintenance refers to expenses for the common good of the shopping center which are distributed among those who benefit on a square footage basis. ft. Its rare that youll reuse everything, Samtmann said, but you do want to look at how much money you can save by retaining some of that design work and store interior. This is a unique opportunity to place your business in a location among other marquee tenants with heavy daily car traffic. Ghost Kitchen Space for Rent in Deerfield Beach, Florida - Close to I-95. Boca Raton, Florida Restaurant Spaces for Lease in Affulent Publix Plaza, 5 Strategies to Save Your Credit on a Restaurant for Lease, Fully equipped small Restaurant for Sale: 5117 Dorchester Rd Charleston, Restaurant Space for Lease in Pembroke Pines - Lanldord will Install Hood, Prime Location Restaurant Space for Lease Landlord Seeks Pizza or Ice Cream, 3 Reasons You Didn't Get that Restaurant for Lease Space. If consumers notice a lack of cleanliness at the front door or in the restrooms, they start to imagine whats going on in those areas they cant see.. Tip Number 2: The person on the restaurant space for lease sign in thewindow does not represent you. The value in second generation space is not the decor, the walk-in cooler, or the stoves for that matter. These range from least developed to most developed in this order: The most expensive form of build out is for a new shopping center where a restaurant space for lease may be advertised as a "cold dark shell." Just work with your broker to ask the right questions.. At present, there is 1 space listed at Maitland - 8,071 SF 2nd Generation Restaurant. Read 3,034 2nd Generation Restaurant Opportunity is located at 840 N Orlando Avenue in the Winter Park neighborhood, Winter Park, FL, 32789. Profitable Caf for Sale in Columbia with Six Figure Owner Benefit! Turnkey Pizzeria and Italian Restaurant for Sale in Fort Lauderdale, Jimmy John's Franchise for Sale with nearly 700K in Revenue, Ready to Go Restaurant with New Kitchen for Sale in Charlotte NC. In Cherry Hill, for example, weve heard of them going for more than $1 million.. You will have to bring in all the mechanical, electrical and plumbing elements and it's the most costly form of build out. We never recommend negotiating a lease on your own with a landlord for any restaurant space for lease. Floor plans starting at $3800. Request Info. Tips on Leasing a Restaurant What Landlords Expect from a Tenant. 1300 SF 2nd Generation Restaurant space for lease in Fayetteville, Ga. 2 New Restaurant endcap Restaurant Spaces for Lease with Patios, Restaurant Space for Lease in Booming Cherokee County. 2nd Generation Restaurant Space has a total of 309,281 square feet. While corporate chains have highly standardized store interiors, a local restaurateur may be able to find a second-generation restaurant space with tables, chairs, flooring, and other elements of the interior that can be reused. Location Tech Square 2nd Generation Restaurant - Space Availability 75 5th St NW, Atlanta, GA 30308 For Lease Contact for pricing Property Type Retail - Street Retail Property Size 4,000 Sqft Date Updated Dec 17, 2021 These listings amount to a total of 2,187 SF of retail space that is currently on the market. Of this, minimum divisible area is 8,071 square feet. 7600 S. Walker Avenue. If its the fourth or fifth restaurant to open and close in that space in as many years, thats a clue to a real estate issue, but there are no hard and fast rules, Samtmann said. New Restaurant Space for Lease in Historic Downtown Perry, 5000 Sq. Heres everything you need to know to present your offer in a way to get serious consideration from landlords. Contact Maitland - 8,071 SF 2nd Generation Restaurant, Semoran Blvd (SR 436) @ SWC Hanging Moss Rd , Winter Park, FL, Rock Springs - 4.8 ac New Retail Development, 0.33 ac Outparcel Opportunity in Orlando, FL, 62 parking spaces on site with an additional 28 parking spaces in a neighboring lot in the rear of the property, 8,071 SF second generation restaurant available for lease, Close proximity to the highly affluent communities of Winter Park and Maitland, Easy access at a lighted intersection and highly visible to the heavily trafficked S. Orlando Avenue, Potential for additional parking available adjacent to the site, Strong three-mile demographics with a daytime population of 148,827 and an average household income of $117,872. This location has the lowe" Darian E Rodriguez PA on Instagram: "Second Generation Modern Restaurant for sale, NETs over 7k weekly. You just made your first mistake in leasing a restaurant. 2nd Gen Restaurant With Drive Thru; Seven Points. Around the country, liquor licenses for new restaurants can routinely run well into the six figures., This is particularly true in states like New Jersey where control boards and local municipalities tend to exercise tight control over the process, Goodman noted. ft. 1705 S. Capital of Texas Hwy Austin, TX 78746 Request Info The Kucera Companies 1/2 $32 - $40/SF/YR 5621 Emerald Forest This kitchen is not currently accepting new members. For our full Ebook on leasing a restaurant , just click the link to download. 6333 Camp Bowie Blvd Ste 240, Fort Worth, TX 76116. Your broker may also speak with industry colleagues about that operators situation. office & commercial, 2nd Generation Restaurant For Lease In Castro/Upper Market, +/- 1,080 SF plus additional storage area, Neighboring tenants include Super Duper Burgers, Bonita, Dumpling House, Starbelly, Kitchen Story, Fitness SF, Le Marais Bakery, Bank of the West, Barrys Bootcamp, Soul Cycle, and many more, do NOT contact me with unsolicited services or offers. Together, these availabilities add up to 8,071 SF of retail space. Cypress, TX 77070. Vacant Pizza & Pasta Restaurant Space for Lease. Tip Number 3: Use someone that specializes in restaurants to help you if you are leasing an empty restaurant space, especially if it is new construction. Comes will all equipment in the commercial kitchen. Web696 E Altamonte Drive Altamonte Springs, FL 32701. Web1.025 Acres for Lease - HWY 114 & HWY 170; Roanoke Corners; Rockwall. Its important to ask similar questions about dedicated parking spaces or a pickup window.. Visit Crexi.com to read property details & contact the listing broker. Great location for a We've detected that JavaScript is not enabled in your browser. There is no additional cost to you for this effort (at least not from We Sell Restaurants). Make sure the trade area is right for your restaurant concept. 2,781 SF. The Food Corridor gets you out of the office and back in the kitchen. His loyalty is to the person paying his bill and that isnt you. ft. 544 W Interstate 240 Service Rd Oklahoma City, OK 73139. This is much more 'built up" than the prior version but will still require money invested to outfit the space with all the front of house and back of house design and equipment. WebFor Lease 2nd Generation Restaurant Space for Lease FEATURES [square-list] +/-4,500 SF space available Free-standing, second-generation restaurant building with existing There is 1 Retail space available for lease at 840 N Orlando Avenue, Winter Park, FL, 32789, totaling 3,034 SF. Schedule your showing today!! Login | Register, Neighboring Businesses: Publix, Fashion Ten, State Farm, Gotcha's Breakfast bar, J>R> Crickets, Partner's Pizza, Great American Cookie & Marble Slab Ice Cream, Chase Bank, Tropics Hair Salon, # of Part-Time Employees: GALLERIA MALL. A restaurant space for lease that was previously operating as a eatery in that location is called 'second generation' space. The first generation user (original tenant) has already invested the funds to build this out to code for operation as a restaurants. This is by far the least expensive as the walls, ceilings, equipment (in many cases), Maitland - 8,071 SF 2nd Generation Restaurant is located in 12,500 SF Contiguous. Web1351 S Orlando Ave, Maitland, FL 32751. In a triple net lease scenario, often associated with a free standing buildings, you will be responsible for all exterior upkeep to the restaurant space for lease. For space that is a cold, dark shell, it is common for the landlord to contribute tenant improvement or TI money for the build out. ft. - 7,694 sq. Office (415) 404-7313. Request Info. WebRegency Centers is your source for commercial retail and restaurant real estate space for lease in Orange County, California. It is the sewer fee, the hood and ventilation, the grease trap, It will require drawings, engineering, permitting and in many cases, an additionsl cost for impact fees as this new space is joining the public utilities for the first time. . When our restaurant brokers represent your interest they will: 1) Give you an overview of other operators in the area and any information available on how they are doing. Hollywood, CA 90028. The franchisor had expelled this operator from its system.. We'll get you comfortable with basic terms you encounter in the process of leasing a restaurant so you're prepared to understand what's being offered, what you will be required to build out and what type of support the landlord will provide. The space listed for lease is described as retail. The restaurant brokers warn all buyers of the same thing. It's very close to the actual words used. 5085 WESTHEIMER RD. If the Infrastructure is Sufficient for a Restaurant. WebThe 2348sf endcap space, in shell condition, sub-dividable, is excellent for retail, professional office or restaurant use. Landlords are an essential part of the deal when renting a restaurant location. You may learn that the prior restaurateur was woefully undercapitalized or was a great chef but not necessarily a strong businessperson., Goodman recalls a recent case in which multiple fast-food restaurant locations came on the market in New Jersey. Neighboring tenants include Super Duper Burgers, Bonita, Dumpling House, Starbelly, Kitchen Story, Fitness SF, Le 5 Spaces Available. Cedar Creek Plaza; Sherman. Pizza Franchises for Sale - Multi-Unit Opportunity - Six Figure Earnings! Best CAMS deal including locks, fixed levels or maximum increases. Retail That could mean there are no grab bars, the toilets are the wrong height, or a person in a wheelchair cannot get in and out easily, Samtmann said. Maven Retail | Office | Industrial. GALLERIA MALL. The information contained within was obtained from sources deemed reliable. Both parties go in with the best of intentions and theres a lot of love on both sides. 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