Evanston, Illinois, a city located on the North Shore along Lake Michigan, is an ideal location for a Restaurant For Lease. With its diverse population of around 80,000, Evanston offers a unique blend of academic, cultural, and economic opportunities. The city's proximity to Northwestern University, a prominent research university, and its strong infrastructure, including the CTA's Purple Line, Metra's Union Pacific North Line, and the CTA's Yellow Line, make it an attractive location for businesses. Additionally, Evanston is home to several major corporations, including Magnetar Capital, ZS Associates, Clayton Mark and Company, and Legacy.com, which contribute to the city's economic landscape. The city's amenities, such as Evanston Hospital and Ascension Saint Francis Hospital, and attractions like Ladd Arboretum, Grosse Point Lighthouse, and Lighthouse Beach, make it a great place for business and travel.
With 7 Restaurants For Lease available, Evanston offers a range of options for entrepreneurs and investors. The city's restaurants, like its other commercial properties, benefit from the area's strong infrastructure and amenities. In addition to Restaurants, Evanston also offers Retail Space, Commercial Real Estate, and Flex Space For Lease, each with its own unique characteristics and advantages. For example, Retail Space in Evanston's downtown area, near the Davis Street Metra and "L" stops, offers high foot traffic and visibility, while Commercial Real Estate in the Central Street area provides a unique shopping experience. Flex Space, available in various locations throughout the city, offers flexibility and adaptability for businesses. With its diverse range of properties and strong infrastructure, Evanston is an ideal location for businesses looking to establish a presence in the Chicago area.
How are restaurant leases typically structured?
Restaurant leases in Evanston are typically structured with an average annual rent of Price Upon Request per square foot, with spaces ranging from 8,750 square feet to 10,000 square feet. These leases often have a term of 5-10 years, with options for renewal, and may include provisions for rent increases, security deposits, and maintenance responsibilities.
What kitchen equipment is usually included in restaurant leases?
In Evanston, Illinois, where there are currently 7 available listings of restaurants for lease, the kitchen equipment usually included in restaurant leases may vary depending on the specific property and landlord. However, typical inclusions may consist of commercial-grade appliances such as ovens, stoves, refrigerators, dishwashers, and ventilation systems, as well as essential equipment like sinks, prep tables, and shelving units, which can help restaurateurs get their business up and running efficiently.
