Toledo, Ohio, is a city that boasts a rich history, strategic location, and diverse economy, making it an ideal place to establish a restaurant business. With a population of approximately 270,000, Toledo offers a sizable customer base for restaurants. The city's location on the western edge of Lake Erie and its position as a significant trade center for the Midwest make it an attractive location for businesses. The University of Toledo, ProMedica, and Mercy Health - St. Vincent Medical Center are just a few of the major institutions that contribute to the city's economic vitality. With 6 restaurants for lease, entrepreneurs and investors have a wide range of options to choose from.
Restaurants in Toledo benefit from the city's strong infrastructure, which includes the Toledo Area Regional Transit Authority (TARTA) for local bus service, Toledo Express Airport for air travel, and the Division of Water Treatment for providing water to the greater Toledo Metropolitan area. In addition to restaurants, Toledo also offers a range of other commercial properties, including retail space, commercial real estate, and flex space. Retail space is available in popular shopping centers like Franklin Park Mall and Fallen Timbers, while commercial real estate options include office buildings and warehouses. Flex space, which combines office and warehouse space, is also available in various locations throughout the city. With average annual rent per square foot of $14 USD, and spaces ranging from 1,500 square feet to 3,000 square feet, entrepreneurs and investors can find the perfect location to suit their business needs.
How are restaurant leases typically structured?
In Toledo, restaurant leases are typically structured with an average annual rent of $14 USD per square foot, with an average size of 2,250 square feet. The maximum space size available for lease is 3,000 square feet, offering flexibility for restaurateurs to find the ideal space to suit their business needs.
What kitchen equipment is usually included in restaurant leases?
When searching for restaurants for lease in Toledo, Ohio, you'll find 6 available listings, with average annual rent per square foot at $14 USD and average size of 2,250 square feet, with maximum space size reaching up to 3,000 square feet.
In terms of kitchen equipment, typically included in restaurant leases are commercial-grade appliances such as ovens, stoves, refrigerators, freezers, dishwashers, and ice machines, as well as essential equipment like food preparation tables, sinks, and shelving units, which may vary depending on the specific lease agreement and the type of restaurant operation.
