Restaurant for Sale or Lease
Sale Price
$3,250,000
Lease Rate
$22.00 / SF NNN
Building Size
9,206 SF +/-
Parcel Size
1.386 Acres +/-
Location Highlights
Located within The Bridges at 57th Street, a premier retail shopping center that attracts 833,000 annual visits. The site benefits from a combined traffic count of 40,600 VPD at the 57th Street & Western Avenue intersection, with direct access to I-229, which carries more than 51,000 VPD. The surrounding area is supported by a strong mix of established retailers, professional services, and residential neighborhoods. In an area of above average disposable income.
Description
- 9,206 SF restaurant space with flexible layout
- Built in 2005
- Seating capacity: 350 indoor / 150 outdoor patio
- Private casino room with a bar & fireplace
- Bar comes with multiple lines on tap with glycol system
- Liquor license available (price negotiable)
- Versatile conference/party room
- See marketing for full equipment list and floor plan details
- 95+ dedicated parking stalls
- Furniture, fixtures, and equipment (FF&E) shown in photos may not be included in the sale/lease; potential to negotiate
- Within The Bridges at 57th St with prime 57th Street & Western Avenue frontage
- Co-tenants include 3 Degrees, Egg on a Roll, Club Pilates, Flyboy Donuts, David Jones Fashion, Sanford Health, Scooter’s Coffee, shopdog Boutique, a nail salon, Queen City Balloon Bar, PB Thrift, and more
- Combined traffic count of approximately 40,600 vehicles per day at the 57th & Western corner
- Direct access to I-229 with traffic counts of approximately 51,578 vehicles per day
- Surrounded by high-income residential growth
- $32,035.20 (2023 Real Estate Taxes Payable in 2024)
Usage