Spokane, Washington, is a city that offers a unique blend of urban and natural landscapes, making it an attractive location for restaurants. With a population of over 200,000 residents, Spokane is a great place to establish a restaurant business, especially considering the city's rich history, cultural attractions, and diverse topography. The city is home to various landmarks such as Riverfront Park, Manito Park, the Davenport Hotel, and several universities including Gonzaga University and Whitworth University. As a result, there is a high demand for restaurants that can cater to the diverse tastes and preferences of the local population. We currently have 11 restaurants for lease in Spokane, offering a range of options for entrepreneurs looking to establish a restaurant business in the area. With average annual rent per square foot of $18 USD and average space size of 4,469 square feet, Spokane offers a competitive market for restaurants. The smallest annual rent per square foot is $14 USD, and the largest space available is 7,943 square feet, providing a range of options for entrepreneurs with different budgets and space requirements.
Spokane's restaurants benefit from the city's strong economy, which is driven by major industries such as manufacturing, health sciences, and professional services. The city is also home to several major corporations, including Gold Reserve, Potlatch Corporation, and Itron, which provides a steady stream of customers for restaurants. In addition to its strong economy, Spokane is also known for its vibrant arts scene, with several annual events and institutions contributing to the cultural landscape of the city. The city's diverse neighborhoods, such as the Victorian-style South Hill, Browne's Addition, and the Davenport District in Downtown, offer a range of opportunities for restaurants to establish themselves in unique and historic settings. For entrepreneurs looking to establish a restaurant business in Spokane, we also offer a range of other property types, including retail space, commercial real estate, and flex space. Retail space is ideal for restaurants that want to establish a strong presence in the city's shopping districts, while commercial real estate provides a range of options for restaurants that want to establish themselves in the city's business districts. Flex space, on the other hand, offers a range of options for restaurants that want to establish themselves in the city's industrial areas.
How are restaurant leases typically structured?
Restaurant leases in Spokane are typically structured as triple-net (NNN) leases, where the tenant is responsible for paying rent, property taxes, insurance, and maintenance costs. The average annual rent per square foot for restaurant leases in Spokane is $18 USD, with an average size of 4,469 square feet and a maximum space size of 7,943 square feet, offering flexibility for restaurateurs to find the perfect space to suit their business needs.
What kitchen equipment is usually included in restaurant leases?
When searching for a restaurant lease in Spokane, you'll typically find that kitchen equipment is included, such as commercial-grade refrigerators, freezers, ovens, stoves, dishwashers, and sinks, which can vary depending on the specific lease and property. With 11 available listings of restaurants for lease in Spokane, you're likely to find a space that meets your needs, with average annual rent per square foot being $18 USD and average size being 4,469 square feet, up to a maximum space size of 7,943 square feet.
