Secure a premier 2,146 SF fully built out and ready to operate restaurant space in the heart of Georgetown’s vibrant Historic District. Located on the first floor of a well-maintained 1964 building (recently remodeled in 2023) this unit offers an exceptional opportunity for a pizza restaurant or high-traffic retail/restaurant concept looking to capitalize on the city's coastal charm and year-round tourism.
Key Features:
Move-In Ready for Food Service: Specifically designated for use as a pizza restaurant with existing infrastructure for restaurant operations.
Flexible Lease Structure: Performance-based model featuring a 6.0% of gross monthly revenue or a minimum monthly rent (MMR), whatever is greater—providing a performance-based floor ideal for growing businesses.
Highly Visible Location: Situated in the CC (Core Commercial) zoning district, just steps from the popular Front Street waterfront, award-winning dining, and boutique shopping.
Excellent Amenities: This facility offers a turnkey restaurant solution featuring a dedicated Point of Sale (POS) system and a full bar setup complete with beverage guns, lines, and keg taps. The kitchen is high-performance ready, anchored by a wood-fired pizza oven that can be converted to natural gas and a kitchen hood equipped with an Ansul fire suppression system. The building is well-insulated and fully sprinklered, supported by high-capacity electrical, HVAC, and plumbing utilities to handle demanding commercial operations.
Lease Terms:
Size: +/- 2,146 Rentable Sq Ft
Term: 60 Months with renewal options
Base Monthly Rent: $1,995
Type: Double Net (NN) - Tenant responsible for pro-rata share (50%) of Taxes, Insurance, and CAM.
Estimated TICAM: $4.52/SF/YR
Zoning: Core Commercial (CC), City of Georgetown