LEASE PRICE: $9,500 P/MO AVAILABLE SF: 3,000 SF LOT SIZE: 0.07 Acres YEAR BUILT: 2011 ZONING: Commercial CROSS STREETS: W. Broad Street & Gathering Place PROPERTY OVERVIEW Tremendous Opportunity. Lease this fully equipped restaurant. Very good quality equipment, includes oven, dishwasher, prep tables, griddle, stove burners, refrigeration, kitchen shelves, food storage area, soda drink dispensers, tables, chairs, booths, bar area with liquor storage, office and supply area. Would prefer someone who is willing to sign a five year lease. PROPERTY FEATURES Prime Opportunity for Experienced Restauranteurs & Entrepreneurs to create high end business. Fully Equipped Restaurant w/cooking Equipment, Booths, Chairs and Bar Stools. Purchaser Will Have Choice to Continue the Same Franchise or Create His Own Brand Name. Corner Lot w/high Traffic Prime Location in the Heart of Glen Allen, Virginia. Central access to I64. I95 & 295 nearby. High Income and Growth, Stable Economic Area. One of the West Ends Busiest Shopping Areas.
PROPERTY OVERVIEW Great potential, fully equipped restaurant. Located in one of Glen Allen's busiest shopping centers. Corner restaurant space with high daily traffic. Property has exposure along two roads just off Broad Street. Fully equipped kitchen has walk in cooler and freezer, several prep tables, pizza oven, fryers, stove griddle, soda dispenser unit, and heat extraction hoods. Bar area with stools, liquor storage and wine rack, high end wooden bar table. Main dining area has booths, tables and seating capacity of 113. Sale of equipment open to negotiation. Purchaser should be willing to sign a 5 year lease. Terms of current lease may be renegotiated. LOCATION OVERVIEW In the heart of West Broad Village, Short Pump-Glen Allen. Prime central location. Immediate access to Interstates, 64, 95 and 295. Heavy daily traffic area in the heart of one of Richmond's busiest shopping centers. Easy access to downtown and Midlothian via 288. Prime location, great shopping center in vibrant brisk high economic activity area. GREAT FOR ENTREPRENEURS Highly visible restaurant in busy shopping center. Fantastic growth potential. IDEAL FOR EXPERIENCED RESTAURANTEURS Fine opportunity for investors already experienced with running a restaurant. Increase your exposure through this well equipped restaurant. ON SITE RESTAURANT EQUIPMENT AVAILABLE FOR PURCHASE Avoid the hassle of purchasing equipment with this opportunity. Fully equipped restaurant with tables, chairs and booths. High daily traffic, corner unit, exposure along two roads. Located in one of West Ends most vibrant shopping areas. Near Short Pump Mall.
PROPERTY NAME: Ledo Pizza Restaurant in Glen Allen STREET ADDRESS: 4030 Gathering Place CITY, STATE, ZIP: Glen Allen, VA 23060 PROPERTY TYPE: Retail Restaurant APN: Space A8 103 GROSS LEASABLE AREA: 3,000 SF ZONING: Commercial YEAR BUILT: 2011 NUMBER OF STORIES: 5 FOUNDATION: Concrete Slab WALLS: Sheet Rock
PROPERTY HIGHLIGHTS Great centrally located and fully equipped restaurant Excellent floor plan in spacious 3,000 sq. ft. area Restaurant equipment, including oven, stove, refrigeration, prep table areas, fryer, ice maker, available for purchase Chairs, tables booths and equipped bar with storage area also available Strong tile floor in kitchen area High ceilings with good lighting High daily traffic counts Corner unit, benefit from traffic along two streets Large windows provide plenty of sunlight Easy access to I64, I95, 295 and Route 288 One of the areas busiest shopping centers Option to keep the current franchise name or create your own brand Great opportunity for entrepreneurs and established restaurants Perfect for a well thought out restaurant concept Plenty of nearby parking Apartments around and above restaurant provide great exposure Strong economic area Office and storage area in rear of space Purchaser should be willing to negotiate new 5 year lease tern
RETAIL FOR LEASE
POPULATION 1 MILE 3 MILES 5 MILES TOTAL POPULATION 7,202 70,272 159,099 MEDIAN AGE 33.8 37.8 37.8 MEDIAN AGE (MALE) 33.3 36.2 36.0 MEDIAN AGE (FEMALE) 33.3 38.9 39.2 HOUSEHOLDS & INCOME 1 MILE 3 MILES 5 MILES TOTAL HOUSEHOLDS 2,692 27,889 64,215 # OF PERSONS PER HH 2.7 2.5 2.5 AVERAGE HH INCOME $109,392 $104,906 $97,526 AVERAGE HOUSE VALUE $430,254 $373,652 $337,807 RACE 1 MILE 3 MILES 5 MILES % WHITE 70.0% 78.5% 77.6% % BLACK 6.5% 6.0% 8.2% % ASIAN 18.5% 12.5% 10.6% % HAWAIIAN 0.6% 0.1% 0.1% % INDIAN 0.0% 0.1% 0.2% % OTHER 0.5% 0.9% 1.4% ETHNICITY 1 MILE 3 MILES 5 MILES % HISPANIC 1.4% 2.9% 4.4% * Demographic data derived from 2010 US Census
4030 Gathering Place