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#3047
WA South King County

Turnkey Restaurant for Lease in High Traffic Community

$1
Turnkey Restaurant for Lease in High Traffic Community
This Listing is Expired
Washington Brokers presents this turnkey restaurant facility for lease in a primary shopping
center servicing a City in South King County, WA. This is situated in a
Puget Sound suburb situated between I-5 and SR-167, close to Fife, Tacoma, Puyallup, Kent, Auburn and Federal Way and SR-161. Its expansion in 2006 increased traffic flow by
approximately 25%. This high visibility
location offers great traffic counts:
approximately 25,000 cars per day along northbound traffic routes and
19,000 cars per day along southbound traffic routes.

This is a Wallace Properties listing.
This is a Add Value Alliance, Inc. listing.
Founder Lawrence Braden

Lease

Region:
WA South King County
Lease Term:
new, negotiable
Total Monthly Rent:
$11,975

Operations

Hood System Type 1:
Yes

Facilities

Inside Sq. Ft.:
6,000

Highlights

  • Stand Alone Restaurant Ideal for a Steakhouse Bar and Grill
  • Busy 4 Corner Shoping Area with High Visibility
  • Surrounding Businesses Include 5 Major Anchors and Several National Retailers
  • 6,000 Square Feet of Space with Attractive Lease
  • Only Full Service Restaurant Space of It's Kind in Shopping District
  • Great Traffic Count, Approximately 44,000 Cars Per Day
  • Large Parking Lot with Plenty of Parking
  • Shopping Destination for Surrounding Communities
  • Large Outdoor Patio with Two Large Bars
  • Interior Seats Approximately 400 At One Time
  • Small Town Appeal with Dynamic Community Leadership

Financing

Will SBA Finance:
No
Will Seller Lend To Buyer:
No

Demographics

Population 1-mi. 3-mi. 5-mi
2014 Total Population 7,276 18,147 235,137
Households 1-mi. 3-mi. 5-mi
2010 Number Of Households 2,904 6,856 85,117
2010 Persons Per Household 2.40 2.48 2.63
Median House Value $229,600 $236,921 $256,286
Income Per Household $63,675 $60,918 $62,123
Businesses 1-mi. 3-mi. 5-mi
2009 Number Of Businesses 163 748 6,381
2012 Number Of Employees 2,912 31,502 222,794
2012 Total Annual Payroll $46,893,000 $672,053,000 $4,294,967,295

click for more demographic info

Disclaimer

 

Notice: The information contained in this offering profile was provided by the Seller and is believed to be accurate. Charter Business Brokers and its affiliates such as WABrokers has not verified the information and therefore makes no representations or warrantees as to its accuracy or completeness. The User (that's you reading this) of this Website understands that Charter Business Brokers ("Broker") or its broker (s) do not audit or verify any above information given to or gathered by Broker or its agent(s) from Seller, our Client, or make any warranties or representations as to its accuracy or completeness of the information provided, nor in any way guarantee future business performance. The User should perform a complete and detailed due diligence on the business and or real estate before buying it.  In some cases, forward looking statements may have been made but these statements are absolutely no guarantees of future performance of the business as each User has differing skills sets to either grow the business or kill the business.  Owning a business is a risky venture, but can also be a rewarding one.  The User of this website is solely responsible to examine and investigate the Business and or real estate, its assets, liabilities, financial statements, tax returns, and any other facts which might influence the User's purchase decision or the price the User is willing to pay. Any decision by User to purchase the Business shall be based solely on User's own investigation and that of User's legal, tax, and other advisors and not that of Broker or its agent(s). Any listing information may change at any time without any notice to User.  This profile is subject to the Confidentiality Agreement and Disclaimer as agreed to and acknowledge by the Buyer. Please note: (1) Sq. ft. is estimated (2) Adj. Net represents last year's estimated owner's cash flow (3) Annual Payroll is last year's and does not include any owner wages.

This is a "Charter Business Brokers" Listing.



 


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