Pawtucket, Rhode Island, is a city that boasts a rich history, diverse demographics, and a mix of residential, commercial, and industrial areas, making it an ideal location for a Restaurant For Lease. With its proximity to Providence, East Providence, Central Falls, Lincoln, and North Providence, as well as the Massachusetts municipalities of Seekonk and Attleboro, Pawtucket offers a unique blend of cultural influences and economic opportunities. The city's infrastructure, including transportation services like RIPTA local bus routes and the R-Line, as well as the Pawtucket/Central Falls station on the MBTA Commuter Rail Providence/Stoughton Line, makes it an attractive location for businesses. Additionally, the presence of notable companies like Hasbro, Fox Point Pickles, and various healthcare, retail, and insurance companies, demonstrates the city's economic vitality. With a population of approximately 80,000, Pawtucket offers a sizable customer base for restaurants, and its vibrant arts scene, including the annual Pawtucket Arts Festival, adds to the city's appeal.
With 1 Restaurants For Lease available in Pawtucket, entrepreneurs and investors have a range of options to choose from. The average annual rent per square foot for Restaurants in Pawtucket is $25 USD, with spaces ranging from 5,000 square feet to 5,000 square feet. In addition to Restaurants, Pawtucket also offers a variety of other commercial properties, including Retail Space, which can be found in popular areas like Downtown Pawtucket and along the Seekonk River. Commercial Real Estate is also available, with options ranging from office buildings to industrial spaces. Furthermore, Flex Space is another option for businesses, offering a versatile and adaptable environment. With its unique blend of history, culture, and economic opportunities, Pawtucket is an attractive location for businesses of all types, and its diverse range of commercial properties makes it an ideal location for entrepreneurs and investors.
How are restaurant leases typically structured?
In Pawtucket, restaurant leases are typically structured to accommodate the unique needs of food service businesses, with average annual rent per square foot ranging from $25 USD and average space sizes of 5,000 square feet, up to a maximum size of 5,000 square feet.
Lease terms often include a combination of base rent, triple net (NNN) fees, and percentage rent, with varying lengths of lease terms and renewal options, allowing restaurateurs to balance their business needs with the city's commercial landscape.
What kitchen equipment is usually included in restaurant leases?
When exploring restaurants for lease in Pawtucket, you'll typically find that kitchen equipment such as commercial-grade refrigerators, ovens, stoves, and dishwashers are included in the lease. Additionally, some leases may also include smaller appliances like microwaves, toasters, and blenders, as well as utensils and cookware, depending on the specific terms of the lease and the needs of the restaurant.
