St. Petersburg, Florida, is a city that embodies the perfect blend of business and leisure, making it an ideal location for a Restaurant For Lease. With its rich history, vibrant downtown area, and stunning waterfront views, St. Petersburg attracts a diverse crowd of locals and tourists alike. The city's strong economy, fueled by major industries such as healthcare, retail, and professional services, ensures a steady stream of customers for restaurants. Additionally, St. Petersburg is home to several institutions of higher education, including the University of South Florida St. Petersburg and Eckerd College, providing a constant flow of students and faculty looking for dining options. The city's many amenities, such as St. Anthony's Hospital, Northshore Aquatic Complex, and Fort De Soto Park, also contribute to its appeal as a prime location for a Restaurant For Lease.
With 23 Restaurants For Lease available in St. Petersburg, entrepreneurs and investors have a wide range of options to choose from. The average annual rent per square foot for Restaurants in St. Petersburg is $40 USD, with spaces ranging from 500 square feet to 8,192 square feet. In addition to Restaurants, St. Petersburg also offers a variety of other commercial properties, including Retail Space, Commercial Real Estate, and Flex Space. For example, Retail Space in St. Petersburg is ideal for businesses looking to capitalize on the city's bustling downtown area, while Commercial Real Estate provides opportunities for companies seeking to establish a strong presence in the city. Flex Space, on the other hand, offers a versatile option for businesses that require a combination of office and warehouse space. Overall, St. Petersburg's diverse range of commercial properties makes it an attractive location for businesses of all types.
How are restaurant leases typically structured?
Restaurant leases in St. Petersburg are typically structured to accommodate the unique needs of food service businesses, with average annual rent per square foot ranging from $40 USD and average space sizes of 3,275 square feet. Lease terms often vary, but may include options for renewal, expansion, or termination, and may require restaurateurs to invest in build-outs and equipment installations.
What kitchen equipment is usually included in restaurant leases?
When it comes to restaurant leases in St. Petersburg, you can typically expect to find essential kitchen equipment included, such as commercial-grade refrigerators, ovens, stoves, and dishwashers, which are often already installed and ready for use.
In addition to these basics, some leases may also include specialized equipment like ice machines, fryers, and espresso machines, depending on the specific needs of the restaurant concept and the terms of the lease agreement, which can vary widely among the 23 available listings in St. Petersburg.
