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HIGHLIGHTS
- Heavy Traffic at intersection
- Liquor License until 1:30 am
- Explicit Entertainment License
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 2nd Floor | 7,000 SF | 7 Years | $71.69 CAD/SF/YR $5.97 CAD/SF/MO $501,861 CAD/YR $41,822 CAD/MO | Triple Net (NNN) |
2nd Floor
Amazing restaurant with two bars, an area for Live Music, and dancing too. Outdoor seating currently on one street and is available for the other street as well. Restaurant currently hosts the Rose Bowl pregame parties, and other Hollywood events.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as a Drinking Establishment
- Space is in Excellent Condition
- Central Air Conditioning
- Partitioned Offices
- Private Restrooms
- Freezer Space
- Wi-Fi Connectivity
- Security System
- Corner Space
- High Ceilings
- Exposed Ceiling
- Secure Storage
- Basement
- Smoke Detector
- Wheelchair Accessible
- Explicit Entertainment License and Liquor License
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
PROPERTY FACTS
| Total Space Available | 7,000 SF | Gross Leasable Area | 7,000 SF |
| Property Type | Retail | Year Built | 1926 |
| Total Space Available | 7,000 SF |
| Property Type | Retail |
| Gross Leasable Area | 7,000 SF |
| Year Built | 1926 |
ABOUT THE PROPERTY
Amazing beautifully renovated restaurant with one large U shaped bar and an additional private bar for parties upstairs. Explicit entertainment license for live music and dancing as well as a full liquor license until 1:30 am. Hosts Big Ten pregame parties as well as Hollywood events. Corner building with storage in the basement. Seating on Colorado Boulevard and additional sidewalk seating on Arroyo Parkway. Seats 367 occupancy not including outdoor seating up to 80 people. Parking lot in the back for deliveries and customers which is not part of the business. Huge kitchen with a 20' hood, chef office, and 3 walk in coolers. VIP Room upstairs and a band area in the elevated stage. $565,000 Key money as it is an Operating Business with the opportunity to Assume the Lease or Negotiate a new one.
- Corner Lot
- Restaurant
- Security System
- Signage
- Signalized Intersection
NEARBY MAJOR RETAILERS
Presented by
Hawg Heaven | 119 E Colorado Blvd
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