Income Producing Restaurant & Sports Bar For Lease

Finksburg, MD (Carroll County)

Freestanding with Abundant Parking & Excellent Visibility Traffic Count 44,272 Vehicles/Day
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Lease Rate: $16.50 /SF/Year

Exp./Sq. Ft.: $2.06

Min Space: 2,000

Max Space: 13,772

Year Built: 1956

Income Producing Restaurant & Sports Bar For Lease

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Property Description

Currently operating, available For Lease (or For Sale) is a freestanding 13,772 +/- square foot multi-level full service restaurant and bar with Carry-Out Café, Catering, Banquet Area, and Sports Bar. Three bars (large 34-foot bar on lower level with walk-out patio and additional newly constructed covered open-air outside dinning with A/C and additionally used as entertainment area with dance/music stage and service bar). Large reception banquet area including new brick oven with separate service bar. Plenty of storage space and delivery dock for easy loading and unloading. Size of building allows for catering and potential food truck businesses. Rental Rate of $16.50/SF NNN is for entire building. Landlord has the flexibility with the right tenant to offer a lease to own option.

Attached Documents


Detailed Information

Type:
Retail
Building Status:
Established
Lease Rate:
$16.50 /SF/Year
Facilities:
Highly efficient solar powered restaurant and sports bar. Sprinkler system installed in 2011 for $200k. ADA entrance and restrooms, newly constructed covered outside/open-air dining area and/or entertainment/dance floor with 2 roof top A/C units and outside water/plumbing available to hose down for easy cleaning. Outdoor full-service bar with roll-up security door, including keg cooler, freezer for glasses, 3-bin sink, 3-door refrigerator and ice bin holders. Main kitchen has 24-foot hood system, outside underground grease trap drain, walk-in refrigerators (10 x 12) freezer combo (12 x 6), additional back-up walk in refrigerator and freezer available, 1,000-lb ice maker used during summer months with condenser on roof to reduce heat and additional 600-lb ice maker used during winter months, plenty of dry storage areas, separate liquor room, additional wrap-around outside patio to Sports Bar. Paved front, rear and side parking options along with delivery dock for easy loading and unloading. Seating for 180 + Bar Seating and Parking for 120. Current Carroll County Beer, Wine and Liquor License - Class B (all alcoholic beverages for consumption on premise and sales of beer and wine for consumption off premise 7 days per week 8:00 a.m. to 1:00 a.m.)
Current Property Expenses:
Real Estate Prop. Taxes $1.42/SF, Prop. Insurance $ 0.65/SF
Location Description:
AMAZING VISIBILITY directly on main road with ample paved parking with 44,272 vehicles traveling daily on Baltimore Boulevard. EXCELLENT DEMOGRAPHICS (See Below 3 and 5 Mile Radius) 2018 Total Population (10,629 and 31,108) Average Age (42.70 and 41.90) Pop Growth 2018 - 2023 (+0.34% and +0.39%) Median Household Income ($108,531 and $97,421)
Triple Net Lease:
Yes
Lease Terms:
Negotiable
Business Website:
http://www.belisimos.com/
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(from currently available funds)
 
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Maria Murphy

Property Listed By:
Maria Murphy

Turning Point Real Estate

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Sponsoring Broker:
Turning Point Real Estate

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