Cleveland, Ohio, a city situated on the southern shore of Lake Erie, is an ideal location for a Restaurant For Lease. With a rich history, diverse economy, and cultural institutions, Cleveland attracts a wide range of visitors and residents. The city's economy has diversified, with key sectors including healthcare, manufacturing, financial services, and higher education, making it an excellent place for businesses to thrive. Cleveland is also known for its cultural institutions, such as the Cleveland Museum of Art, the Cleveland Orchestra, and the Rock and Roll Hall of Fame, which draw in visitors from across the country. Additionally, the city has made significant strides in environmental protection, earning recognition as an environmental success story.
With 20 Restaurants For Lease available, Cleveland offers a unique opportunity for entrepreneurs and investors. The average annual rent per square foot is Price Upon Request, with an average size of 3,228 square feet and a maximum space size of 4,790 square feet. Cleveland's infrastructure, including its road system, freeways, airports, and public transportation, makes it an attractive location for businesses. The city is also home to several major universities and colleges, including Case Western Reserve University, Cleveland State University, and Cuyahoga Community College, providing a steady stream of customers. Additionally, Retail Space, Commercial Real Estate, and Flex Space are also available in Cleveland, offering a range of options for businesses. With its diverse economy, cultural attractions, and infrastructure, Cleveland is an excellent place to invest in a Restaurant For Lease.
How are restaurant leases typically structured?
Restaurant leases in Cleveland are typically structured with an average annual rent of Price Upon Request per square foot, with spaces ranging from 3,228 square feet to 4,790 square feet. These leases often have a term of 5-10 years, with options for renewal, and may include provisions for rent increases, maintenance responsibilities, and specific use clauses to ensure the property is used for restaurant purposes.
What kitchen equipment is usually included in restaurant leases?
When searching for restaurants for lease in Cleveland, you'll find that many listings, out of 20 available, typically include essential kitchen equipment such as commercial-grade refrigerators, freezers, ovens, stoves, dishwashers, and sinks, which can help you get started with your culinary venture.
Additionally, some leases may also include other equipment like ice machines, microwaves, and food preparation tools, depending on the specific property and the landlord's inclusions, so be sure to review the lease terms carefully to understand what's included in the 3,228 square feet of space, which can be rented for an average annual price of Price Upon Request per square foot, with options ranging from 2,200 to 4,790 square feet.
