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Updated almost 5 years ago on . Most recent reply

Lieselotte Anke's profile image
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Lieselotte Anke
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General Landlording & Rental Properties

lease rates for restaurant

Lieselotte Anke
Posted

I am looking at buying a multiunit that has a restaurant space in it, complete with kitchen and license.  Does anyone how determine the proper lease rate per square foot.

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    Matthew Irish-Jones's profile image
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    Matthew Irish-Jones
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    Matthew Irish-Jones
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    Matthew Irish-Jones
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    Matthew Irish-Jones
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    @Lieselotte Anke the MLS has all kinds of commercial listings that should provide great comps. Make sure you understand the difference between residential and commercial leases. Most commercial leases are triple net these days, at least around here.

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