Auburn, Alabama, is a historic college town known for its rich history, cultural attractions, and strong educational institutions, making it an ideal location for a Restaurant For Lease. With a population of around 70,000, Auburn offers a unique blend of small-town charm and big-city amenities, making it an attractive destination for businesses and tourists alike. The city's economy is driven by education, sports, and industry, with Auburn University being a major employer and economic driver. The presence of various sports facilities, including Jordan-Hare Stadium and Plainsman Park, contributes to the sports sector, while companies like Briggs & Stratton, Pharmavite, and Uniroyal Technology Corporation provide industrial jobs and contribute to the city's economy.
Auburn's Restaurant For Lease market is thriving, with 3 available listings offering a range of options for entrepreneurs and investors. The average annual rent per square foot is $28 USD, with sizes ranging from 1,500 square feet to 8,383 square feet. In addition to Restaurants, Auburn 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 the Auburn Mall, while Commercial Real Estate options include office buildings and industrial parks. Flex Space is also available, offering a versatile solution for businesses with unique needs. With its strong economy, rich culture, and convenient transportation options, Auburn is an excellent location for businesses looking to establish a presence in the southeastern United States.
How are restaurant leases typically structured?
Restaurant leases in Auburn are typically structured to accommodate the unique needs of food service businesses, with average annual rent per square foot ranging from $28 USD and average space sizes of 4,046 square feet, with some spaces available up to 8,383 square feet.
Lease terms often include a combination of base rent, percentage rent, and common area maintenance (CAM) fees, with landlords and tenants negotiating terms based on factors such as the restaurant's concept, location, and projected sales volume.
What kitchen equipment is usually included in restaurant leases?
When searching for restaurants for lease in Auburn, Alabama, you'll find 3 available listings, with average annual rent per square foot at $28 USD and average size of 4,046 square feet. Typically, restaurant leases in Auburn include essential kitchen equipment such as commercial-grade ovens, refrigerators, freezers, dishwashers, and ventilation systems, which can vary depending on the specific property and landlord.
