Triple Net Lease -Another lease term you may hear is Triple Net which is frequently advertised as an NNN 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. https://northrimpdx.com/listings/second-generation-restaurant-at-the-waterman-100/, this article to make sure you are prepared. At neighborhood level, the average retail asking rate is $41/SF/YR. Contacts: Joan Ruyle. 2016-2023 The Food Corridor. As you read the online ads for leasing a restaurant space, you'll run across industry terms that are just not that well known. For Rent ft. ft. - 11,500 sq. Currently, the property offers 1 retail space for lease. for Lease Retail This site is designed to work with JavaScript enabled, and it appears to be disable on your browser. The listed lease rate is contact for pricing. H&R Retail is a proud member of ChainLinks Retail Advisors, the leading retail real estate service provider in the United States.This connection allows us to leverage our experience and knowledge in local markets throughout all fifty states. ft. 1700 E 2nd St Austin, TX 78702 Request Info $19/SF/YR One Westlake Plaza Retail 3 spaces available 1,552 sq. WebFully equipped, 2nd generation restaurant space with outdoor patio perfectly located at the corner of 11th and Massachusetts Avenue. The build type offered for this lease is full build out. With high visibility, the area draws in 20,000 individuals. The value in second generation space is not the decor, the walk-in cooler, or the stoves for that matter. 2nd Generation Restaurant For Lease A restaurant space for lease that was previously operating as a eatery in that location is called 'second generation' space. Second Generation Restaurant Call Now The property incorporates a total of 309,281 SF of retail space. Request Info. second Visit Crexi.com to read property details & contact the listing broker. Instead of a fixed space, an unused restaurant space may be used by a number of concepts for a short run of their concept. This is a unique opportunity to place your business in a location among other marquee tenants with heavy daily car traffic. MORE INFO. +1 407 461 6415, +1 407 362 6142 800 N Glebe Rd is positioned at the prominent junction of N Glebe and Wilson Blvd, conveniently situated in Ballston, right off I-66. Great location for a We've detected that JavaScript is not enabled in your browser. the Maitland, Maitland. Web696 E Altamonte Drive Altamonte Springs, FL 32701. Restaurants for sale with a Liquor License, Restaurants for Sale with Owner Financing, 5 miles from Pinewood Studios Film and Entertainment Complex, Located on GA 85, main artery serving retail corridor for Fayette County, Great opportunity for a Caribbean Concept Restaurant, Highly visible Publix anchored center with 5 points of Access, Large mix of National, Regional and localm tenants, Drivetime population within 10 minutes is +40K, Household income within 1 mile is $133,396, Over 1500 feet of frontage along Glynn St. (GA-85). . When restaurants fail, how do you know if the problem was the shopping center and location rather than the restaurant concept or operator? Immediately, you whip out your cell phone, make a call and get connected to the leasing agent. The standard formula for a restaurant lease is quoted as a price per square foot plus CAMS, taxes, and insurance. Among them, the largest availability offers 2,187 SF. There isnt another pizza place in the shopping center (your concept). He represents the landlord. Sewer capacity isnt the first thing you think of when seeking to find a restaurant for lease, but Goodman and Samtmann say it is a major concern among established restaurateurs, as well as landlords and municipalities. Search Commercial Properties for Lease | Crexi 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. . Relationships for life, 2ND GENERATION RESTAURANT SPACES FOR LEASE, ABC REALTY ADVISORS | 6830 WILCREST DRIVE, HOUSTON, TX 77072 | O: 713-939-8181. Current spaces for lease at 2nd Generation Restaurant Space add up to a total of 2,187 SF. You just made your first mistake in leasing a restaurant. Retail Property For Lease. Understand the size of your kitchen and number of seats to execute against your business plan. Restaurant We never recommend negotiating a lease on your own with a landlord for any restaurant space for lease. The space listed for lease is described as retail. this article to make sure you are prepared to cook out of a commercial kitchen. WebRestaurant Spaces for Lease in Las Vegas, NV Export Results Results Insights 140 spaces Trending 1/6 Undisclosed Rate Las Vegas Boulevard Land Retail 1 space available 900 sq. Steps from the heart of Castro. West Palm Beach, FL Restaurants For Lease - CityFeet. Opportunity to sublease a highly trafficked, 344 SF food service kiosk SF with kitchen located on the Rink Level in the Houston Galleria. They know the bones are in place, even if they largely demolish the prior restaurant interior, Goodman said. ft. 544 W Interstate 240 Service Rd Oklahoma City, OK 73139. This 1300 square foot Great Visibility! WebBeautiful restaurant with kitchen and event space with fully equipped kitchen Waterman Building lobby. Asking $3,900,000. Tip Number 2: The person on the restaurant space for lease sign in thewindow does not represent you. 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. We are the next generation wellness resort destination offering 155 guestrooms, 12,000 square feet. Increase your likelihood of getting a response! ABC Realty Advisors | 2nd Gen Restaurants For Lease Ice Cream Business for Sale Great location!! 2nd Generation Restaurant Of this, minimum divisible area is 3,662 square feet. This Free-Standing 2nd Generation Restaurant is located on the major thoroughfare of Forest Land near Hwy 635 and IH 35E. There are standard terms that refer to the build out of the space ranging from a closed down location to a brand new build out. Comes will all equipment in the commercial kitchen. Leasing second-generation restaurant space offers powerful advantages, but that doesnt mean building a brand-new restaurant is never a good idea, Goodman said. Date Updated Apr 27, 2023. He or she is under contract for the landlord. If you have to add a new HVAC with a higher tonnage rating, thats another potential expense you want to know about in advance, Goodman advised. 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. You can learn important concepts like starting with a pop-up restaurant before making the decision to go all-in on a space over a long term lease commitment. A strong Restaurant Broker should have seen all of these requests before. Maven Retail | Office | Industrial. Common terms like "cold dark shell," "vanilla box" and "TI money" can seem like a foreign language. See pictures, prices, floorplans, videos, and detailed info for the most affordable available apartments near Restaurant/Qsr 2nd Generation in Los Angeles, CA WebRestaurant End Cap Available with open floorplan space from 2,400 to 5,100 SF . One-of-a-kind freestanding building in the heart of Maitland. Superb location in the WestlandShopping Center surrounded bygreat golf courses, an equestrian center, shopping, and restaurants. The Relationship Between Restaurant Tenants And LandlordsSee More, 5 Strategies to Save Your Credit on a Restaurant for LeaseSee More, 3 Reasons You Didn't Get that Restaurant for Lease SpaceSee More, Tips on Leasing a Restaurant What Landlords Expect from a TenantSee More, Winning Tactics for Leasing a RestaurantSee More, The Restaurant Business With Banker's Hours, We Sell Restaurants and the We Sell Restaurants logo are federally registered trademarks of WSR Holdings, LLC Copyright 2021 We Sell Restaurants. At present, there is 1 space listed at Maitland - 8,071 SF 2nd Generation Restaurant. Minutes away from I-10 and Grand Parkway. Keep the pizza concept or change to anything. Please try again. 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. Restaurant Space for Rent In addition, you will have to keep insurance in full effect and pay all taxes. and South Kirkwood. 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 The least expensive form of build out for a new restaurant tenant is to take over a previously operating location. Second Generation Restaurant Second Generation Restaurant for Lease 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 Restaurants for Lease 2,781 SF. The property incorporates a total of 309,281 SF of retail space. For our full Ebook on leasing a restaurant , just click the link to download. 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. . WebFor Lease The Strand - Second Generation Restaurant 945 City Plaza Way #1081, Oviedo, FL 32765 2,977 SF Available E Mitchell Hammock Rd & City Plaza Way read more Key features 1,100 SF former Clean Juice available 2nd Gen Pizza Restaurant for Sale in Waco, TX. For Lease . For Lease Contact for pricing. 80 SE Madison St, SE Water Ave, Portland, OR 97214, USA. 2nd Gen Restaurants For Lease For Rent Great location with excellent visibility from Highway 6. Pizza Franchises for Sale - Multi-Unit Opportunity - Six Figure Earnings! WebFind your new home at 2105 2nd St NE located at 2105 2nd St NE, Washington, DC 20002. Spring, TX Retail Space For Lease Restaurants for Lease For Sale and Lease. 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. 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. There is currently 1 listing available in the retail property located at 800 N Glebe Rd in Arlington, VA 22203. For Rent Lastly, its close to your house. That's not easy to see when you begin looking at restaurant space for lease but a landlord-tenant relationship shares a lot in common with a marriage. 5085 WESTHEIMER RD. Sandwich Franchise for Sale in Denver CO - Great Location! 2nd Generation Restaurant Space has a total of 309,281 square feet. 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. Steps from the heart of Castro. restaurant Cy-Fair Plaza Is located in the Northwest Houston on the Southwest Corner of Second generation spa with exquisite finishes. WeSellRestaurants:: Restaurants for Sale Hollywood, CA 90028. KATY, TEXAS. Retail space for lease at 8500 S Western Ave, Oklahoma City, OK 73139. . More public record information on 13 Marcus Garvey Blvd, Brooklyn, NY 11206. Attorneys typically only look at the legal terms. These will ensure that if the lessor/lessee relationship ends in a breakup, you have planned for the biggest issues in advance. WebOnly $50k 2nd Gen Restaurant for Sale, All FFE, Fronts Major Commuter Route Charleston, South Carolina $50,000 View Complete Listing Listing Id:9806 Lease Retail For Rent at 1351 S Orlando Ave | CommercialSearch Turnkey office suites with buy a second generation restaurant - SellingRestaurants 2) Review comparable and/or nearby centers for lease rates and availability (even if listings arent publicly known). Heres everything you need to know to present your offer in a way to get serious consideration from landlords. WebRestaurant 1 space available 5,000 sq. Retail. Opportunity to sublease a highly trafficked, 344 SF food service ft. 1705 S. Capital of Texas Hwy Austin, TX 78746 Request Info The Kucera Companies 1/2 $32 - $40/SF/YR 5621 Emerald Forest Search over 225,000+ The space listed for lease is described as retail. 2nd Generation Restaurant The landlord usually has responsibility for high cost items like the exterior maintenance. 5085 WESTHEIMER RD. Great Restaurant Spaces for Lease in Well Established Mall in Lake County, Unit #83 Restaurant Space for Lease in Mall Food Court Lake County, FL. If you have questions about finding a second-generation restaurant for lease, contact us today! 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. This property is located on Fairview Street. The buildings general use is retail. Cedar Creek Plaza; Sherman. Web$10,000 fire sale! 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. Northwest Dallas Submarket. ft. 544 W Interstate 240 Service Rd Oklahoma City, OK 73139. Property located on Highway 6, between Colonial Lakes Drive and Riverstone Boulevard. The buildings general use is retail. Opportunity to sublease a highly trafficked, 344 SF food service kiosk SF with kitchen located on the Rink Level in the Houston Galleria. We work on new restaurant deals all the time with experienced operators who are running multiple, highly successful restaurants, he explains. 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. The Owner, ABC Advisors, Inc and Agents make no warranties, either expressed or implied, as to the completeness or accuracy of any information contained herein. $45.00 - $57.00 USD/SF/YR. Steps from the heart of Castro. 2nd Generation Restaurant For Lease This location is also easily accessible on foot from Ballston Metro Station and a range of dining and shopping options. This property is located on Silber Road, just north from I-10 . 7600 S. Walker Avenue. Restaurants For Webavailable for lease ny, nj, ct RIPCO Real Estate represents second generation, fully-equipped restaurants in prime, high-traffic locations throughout the NY Metro area. KC BBQ Restaurant for Sale with $1.4M in Sales & over $247,000 in Earnings! Within the same neighborhood, there are 21 retail spaces for lease. Current availability totals 8,071 square feet. The first thing to understand is the condition of the space being offered to you. Restaurant space ready to build out in high traffic location! 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. The property incorporates a total of 309,281 SF of retail space. This property is located on West Grand Parkway. Before moving forward with a signature on that restaurant for lease read this article and avoid costly mistakes that have long term credit implications. If you need better market context for this leasing opportunity, consider some additional information of listings in the area. Here are six considerations for restaurateurs who are interested in taking advantage of second-generation space in their search to find a restaurant for lease: Historically, the failure rate for restaurants is something like 60 percent in the first year, noted David Goodman, a Principal at Equity Retail Brokers. Market your restaurant and bar listings. Request Info. Second Generation Space. - Restaurant & Commercial Real Estate Likewise, your dramatic, open kitchen with multiple pizza ovens and gas ranges could heat-up the space far more than the layout and equipment of the prior restaurant. Webcreative ways to use fire powers; is title jumping illegal in texas? It is submitted, however, subject to errors, omissions, change of price, other terms, prior sale, or withdrawal without notice. 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." One-of-a-kind freestanding building in the heart of Maitland. Call or Text 404-800-6700 The buildings general use is retail. Web696 E Altamonte Drive Altamonte Springs, FL 32701. These amount to a total of 63,506 SF of available retail space. Current spaces for lease at 2nd Generation Restaurant Space add up to a total of 2,187 SF. Next to White Oak Music Hall. WebProperty Facts. +1 407 362 6141 Search from large corner lots to dive-thru fast food to small cafes. 2ND GEN RESTAURANT 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: A pop-up restaurant is an idea that gained steam in the last few years. Second generation restaurant located along the high traffic corridor of Upper Market St. Close proximity to the heart of Castro with existing kitchen infrastructure in place. Space is 1,182 Sq. Just work with your broker to ask the right questions.. Contact one of the real estate experts in our