Rochester, Minnesota, is a hub for restaurants, with its thriving healthcare industry and strong economy driven by the Mayo Clinic, making it an ideal location for a restaurant for lease. The city's infrastructure, including Rochester International Airport, Olmsted County Highway 22, and skyways and subterranean walkways in downtown, ensures easy accessibility for customers. Additionally, the city's extensive parks system, featuring notable locations like Silver Lake and Soldiers Field, provides a unique opportunity for restaurants to cater to outdoor enthusiasts. With a population of around 120,000, Rochester offers a sizable customer base, and its rich arts and cultural scene, including historic buildings, art centers, and events like Thursdays Downtown, creates a vibrant atmosphere that attracts visitors and locals alike.
Rochester boasts 8 restaurants for lease, offering a range of options for entrepreneurs and investors. With average annual rent per square foot at Price Upon Request and sizes ranging from 1,216 square feet to 2,866 square feet, there's a restaurant for lease to suit every business need. In addition to restaurants, Rochester also offers retail space, commercial real estate, and flex space for lease, providing a diverse range of options for businesses. The city's strong economy, driven by the Mayo Clinic, IBM, and Kerry Flavours and Ingredients, ensures a stable and growing customer base, making Rochester an attractive location for businesses of all types.
How are restaurant leases typically structured?
In Rochester, Minnesota, restaurant leases are typically structured to accommodate the unique needs of the city's food industry, which is heavily influenced by the Mayo Clinic and its visitors. A typical restaurant lease in Rochester may include a 5-10 year term, with average annual rent per square foot ranging from Price Upon Request and average space sizes ranging from 1,960 square feet to 2,866 square feet, depending on the location and type of restaurant.
What kitchen equipment is usually included in restaurant leases?
When it comes to restaurant leases in Rochester, you can typically expect to find a range of kitchen equipment included, such as commercial-grade ovens, stoves, refrigerators, freezers, dishwashers, and sinks. However, the specific equipment included can vary depending on the lease and the landlord, so it's essential to review the terms of the lease carefully to ensure it meets your business needs.
