REDUCED Turn Key Uptown Restaurant Sublease Available

Retail-Commercial for Lease
Catylist Listing ID: 30507303
Property Subtypes: Restaurant
Contiguous Space: 1,750 SF
Building Size (RSF): 1,750 SF
Gross Building Area: See Agent
Lease Rate: $3,000 (Monthly)
$20.57 PSF (Annual)
Lease Types: NNN
Usable Size (USF): 1,750 SF
Last Updated: 10/17/2019

Overview / Comments

Opportunity to buy the current tenants LLC, including all FF&E, licenses, and renovations that were performed on the space. Asking price for the opportunity is $60,000. Rent is $3,000/month + NNN. There are three 5 year renewal options remaining on the lease. See attached inventory list. Purchasing this opportunity allows a tenant to operate a completely turn-key restaurant space, and get locked in to a great location at a below market renewal rate! Current owners are willing to part with the Aloha Grill & Sushi name if purchaser is interested. Motivated owners, bring all offers!

Attachments & Media

Expand All Available Space

Suite: A 1,750 SF $3,000 (Monthly) NNN
Space Available: 1,750 SF
Lease Rate: $3,000 (Monthly)
$20.57 PSF (Annual)
Lease Type: NNN
Date Available: 9/26/2019
Space Type: Sublet
Rent Escalators Description $250/month every 5 years

Additional Details

Nearest MSA: New Orleans-Metairie
County: Orleans
Submarket/Township: Uptown-Garden District
Tax ID/APN: 41054699
Zoning: HU-B1

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 35,165 178,908 410,731
Median Age: 31.11 36.23 37.75
Households: 13,055 78,296 177,359


Photograph of Listing Agent

Aaron Kazanoff

Ben + Burka New Orleans, LA 70115
Not a member of MCAR
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