Retail-Commercial for Lease
Catylist Listing ID: 30643007
Property Subtypes: Free-Standing Building, Restaurant
Contiguous Space: 8,408 SF
Building Size (RSF): 8,408 SF
Gross Land Area: 1.77 Acres
Lease Rate: $7,500 (Monthly)
$10.70 PSF (Annual)
Lease Types: NNN
Building Name: Former Ponderosa Steakhouse
Usable Size (USF): 8,408 SF
Last Updated: 1/25/2021

Overview / Comments

FORMER PONDEROSA STEAKHOUSE FOR SALE OR LEASE! Interior has approximately 8,408 square feet with an existing kitchen, hood, multiple dining rooms, 3 walk-in coolers/freezers, office, storage, prep station, dish washing station, food bars with warming lights and 3 bathrooms. Great location with almost 200 feet of frontage on Pickard Street with an estimated 143 parking spaces. Perfect for a restaurant. Existing equipment can be utilized for an additional $1,500 per month. Equipment includes: fryers, grills, warmers, ice chest, dishes, utensils, tables, chairs, booths, portable refrigerators, salad bars, soft serve ice cream dispenser, etc. This is a NNN lease.***All measurements and sq. ft. should be verified by Buyer.***

Expand All Available Space

Suite: 1301 8,408 SF $7,500 (Monthly) NNN
Level/Floor: Main
Space Available: 8,408 SF
Lease Rate: $7,500 (Monthly)
$10.70 PSF (Annual)
Lease Type: NNN
Space Description: Full kitchen and dining room
Space Subcategory: Free-Standing Store
Date Available: 9/1/2020
Lease Term: 60 Months
Space Type: Relet
Parking Spaces 143
Tax Expenses $30,000 PSF (Annual)
Rent Escalators Step-Up Lease

Additional Details

Nearest MSA: Mount Pleasant
County: Isabella
Tax ID/APN: 17-000-15-340-00
Retail Clientele: General, Family, Business, Traveler, Tourist, Recreation
Property Visibility: Excellent
Largest Nearby Street: Mission Street
Feet of Frontage: 198
Highway Access: US 127 within 1 mile
Site Description: Former Restaurant with on site parking
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 8,408 SF
Property Condition: Good
Year Built: 1998
Roof Type: Other
Total Parking Spaces: 143
Parking Type: Surface
Parking Description: Approximately 143 parking spaces
Sprinklers: None
Heat Type: Natural Gas
Heat Source: Central
Air Conditioning: Package Unit
Internet Access: Other
Zoning Description: Commercial
Lot Frontage: 198
Lot Depth: 390
Water Service: Municipal
Sewer Type: Municipal
Legal Description: COM 165 FT EAST AND 50 FT N OF SW COR OF SE 1/4 OF SW 1/4 SEC 11, T14N, R4W, TH N 390 FT, E 198 FT, S 390 FT, W 198 FT TO POB. NOTE: TIFA DIST #4 - MISSION ST DDA

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 8,465 33,963 43,184
Median Age: 33.75 26.06 27.61
Households: 3,610 11,685 15,216
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