Turnkey Restaurant Siesta Village

Retail-Commercial for Lease
Catylist Listing ID: 30257889
Property Subtypes: Restaurant
Contiguous Space: 1,080 SF
Gross Building Area: See Agent
Lease Rate: $25 PSF (Annual)
Base Monthly Rent: $2,250
Lease Types: NNN
Last Updated: 4/11/2018

Overview / Comments

Great opportunity to open up right in Siesta Village for minimal investment. This property requires a sublease/assignment. Seller asking $35,000 key money to take over assets and take advantage of a great lease. Space contains hood, grease trap, refrigeration, and some equipment and smallwares. Steps from public parking lot and Ocean Blvd. Existing lease expires 09/30/2022 with two-5 year renewals

Expand All Available Space

Suite: 217 1,080 SF $25 PSF (Annual) NNN
Space Available: 1,080 SF
Lease Rate: $25 PSF (Annual)
$2,250 (Monthly)
Lease Type: NNN
Space Description: Great opportunity to open up right in Siesta Village for minimal investment. This property requires a sublease/assignment. Seller asking $49,000 key money to take over assets. Space contains hood, grease trap, refrigeration, and some equipment and smallwares. Commission is paid on asset sale portion only.
Space Subcategory: Strip Center, Neighborhood Center
Date Available: 4/3/2018
Lease Term: 60 Months
Space Type: Sublet
Sublease Expiration Date: 9/30/2022
CAM Expenses $8.58 PSF (Annual)
Rent Escalators Index Lease
Rent Escalators Description CPI Escalations not less than 3%

Additional Details

Nearest MSA: North Port-Sarasota-Bradenton
County: Sarasota
Tax ID/APN: 0080160008
Zoning: CG

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 3,960 29,811 104,555
Median Age: 57.93 52.95 51.13
Households: 2,028 14,762 50,940
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