Expert Site Selection and Lease Negotiation Services
Restaurant Realty Group is a commercial real estate firm with strong expertise in Restaurant Tenant Representation and Site Selection. We work closely with our clients to develop and execute a strategy that is custom tailored to their specific business models. Our focus on the Restaurant and Bar industry and our vast network of relationships with local Landlords, Developers and Retail Brokers provides us with an unparalleled level of knowledge within the restaurant real estate marketplace to source the very best sites for your concept's growth. We compare, analyze and evaluate sites using criteria such as demographics, income, age, ancestry, education and other beneficial insights to help ensure the right space for the right concept.
Leasing space for restaurants and navigating a commercial lease can be a daunting task for even experienced tenants, as errors or oversights can cost thousands, if not tens of thousands, of dollars. Our involvement with our clients begins with our initial strategy and is followed through to:
Leasing space for restaurants and navigating a commercial lease can be a daunting task for even experienced tenants, as errors or oversights can cost thousands, if not tens of thousands, of dollars. Our involvement with our clients begins with our initial strategy and is followed through to:
- Site evaluation and selection
- Letter of Intent (LOI) negotiations
- Composition of site presentations for real estate committee reviews
- Participation with attorneys on lease negotiations
The Leasing Process
Leasing a restaurant property is a complex transaction that is best handled by professional representation. Every lease is different and presents it's own unique set of challenges. Our experienced commercial real estate brokers excel at structuring favorable lease terms and conditions for our clients. We work diligently to ensure a successful transaction from the initial consultation to the execution of the lease. Our process is based on years of experience and typically includes the following:
Leasing a restaurant property is a complex transaction that is best handled by professional representation. Every lease is different and presents it's own unique set of challenges. Our experienced commercial real estate brokers excel at structuring favorable lease terms and conditions for our clients. We work diligently to ensure a successful transaction from the initial consultation to the execution of the lease. Our process is based on years of experience and typically includes the following:
- Initial consultation
- Define project and determine capital requirements
- Review client's financial statement
- Execute exclusive Buyer/Tenant representation contract
- Define site selection criteria
- Identify potential lease locations
- Analyze site demographics, traffic and other insights
- Client obtains project cost estimates
- Prepare and negotiate lease/letter of intent
- Conduct due diligence, including zoning and usage requirements
- Address and remove contingencies of lease
- Review of final lease
- Execute lease
"Landlords have experienced commercial real estate brokers working on their side, shouldn't you LEVEL thE PLAYING field?"
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TREC Information About Brokerage Services | TREC Consumer Protection Notice
TREC Information About Brokerage Services | TREC Consumer Protection Notice