Springfield, Illinois, a city rich in history and culture, is an ideal location for a restaurant, offering a unique blend of government jobs, healthcare, and related industries that drive the local economy. With a population of around 114,000 residents, Springfield provides a diverse customer base for restaurants, and its historical significance, including the Abraham Lincoln Presidential Library and Museum, attracts tourists and locals alike. The city's infrastructure, including the City Water, Light & Power and Ameren Illinois, ensures a reliable supply of essential services. Additionally, the Sangamon Mass Transit District (SMTD) and Abraham Lincoln Capital Airport provide convenient transportation options, making it an attractive location for businesses and residents. With its strong economy, rich history, and cultural attractions, Springfield is an excellent place to establish a restaurant, and with 3 restaurants for lease, there are plenty of opportunities to find the perfect location.
Restaurants in Springfield, Illinois, benefit from the city's diverse economy, which is driven by government jobs, healthcare, and related industries. The city's infrastructure, including the City Water, Light & Power and Ameren Illinois, ensures a reliable supply of essential services. Nearby, Retail Space is available for lease, offering opportunities for businesses to establish a presence in the city. Commercial Real Estate is also available, providing options for companies looking to set up operations in Springfield. Additionally, Flex Space is available, offering flexible solutions for businesses with unique needs. With an average annual rent of Price Upon Request per square foot, and spaces ranging from 3,948 to 3,948 square feet, Springfield offers a range of options for businesses looking to establish a presence in the city. Overall, Springfield's unique blend of history, culture, and economic opportunities make it an attractive location for businesses and residents alike.
How are restaurant leases typically structured?
In Springfield, Illinois, restaurant leases are typically structured to accommodate the unique needs of food service businesses, with an average annual rent of Price Upon Request per square foot and an average size of 3,948 square feet, allowing restaurateurs to find the perfect space to serve the city's 114,000 residents.
Lease terms often range from 5 to 10 years, with options for renewal, and may include provisions for common area maintenance, utilities, and equipment installation, ensuring a mutually beneficial agreement for both landlords and tenants.
What kitchen equipment is usually included in restaurant leases?
When it comes to restaurant leases in Springfield, Illinois, you can typically expect to find a range of kitchen equipment included, such as commercial-grade refrigerators, freezers, ovens, stoves, dishwashers, and sinks. The specific equipment may vary depending on the size and type of restaurant, but these basics are usually provided to get you started on serving up delicious meals to the local crowd of around 114,000 residents.
