Former Bo's Bar-B-Ques Restaurant Space Available

Retail-Commercial for Lease
Also listed as Office
Catylist Listing ID: 30185396
Property Subtypes: Free-Standing Building, Restaurant, Tavern/Bar/Nightclub
Contiguous Space: 5,892 SF
Building Size (RSF): 11,551 SF
Gross Building Area: See Agent
Gross Land Area: 0.14 Acres
Lease Rate: $15 PSF (Annual)
Base Monthly Rent: $7,365
Lease Types: NNN
Last Updated: 9/18/2018

Overview / Comments

• The first floor of this iconic building is available for lease.
• While it can be leased for office or retail its "greatest and best use" is to revert to its former owner' use which was Bo's Brewery, the later operated as the Downtown 51 Grill by siblings of the original owner.
• The former bar/restaurant area features an almost "move-in" condition restaurant including a full kitchen, bar area and sitting area for restaurant guests.
• The lease will include the existing liquor license under some type of agreement that fully protects the current owner's ability to retain the license should a new tenant otherwise default on its lease.
• Street (metered) parking is directly in front of the restaurant.
• Adjacent to it is a private surface parking lot whose owner would work out a parking arrangement mutually beneficial to the lot owner and restaurant operator. • There is no maintenance or upkeep of a parking lot for this restaurant/retail or office space

Expand All Available Space

Suite: Unit 1 5,892 SF $15 PSF (Annual) NNN
Space Available: 5,892 SF
Lease Rate: $15 PSF (Annual)
$7,365 (Monthly)
Lease Type: NNN
Date Available: 12/15/2017
Space Type: Relet

Additional Details

Nearest MSA: Detroit-Warren-Dearborn
County: Oakland
Submarket/Township: Pontiac
Tax ID/APN: 4246 3151 8503 6686
Property Located Between: Huron & Lawrence Street
Property Visibility: Excellent
Tenancy: Multiple Tenants
Total Number of Buildings: 1
Number of Stories: 2
Year Renovated: 2017
Parking Type: Surface

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 14,350 87,535 184,649
Median Age: 34.22 36.41 39.29
Households: 4,968 34,512 72,774


Photograph of Listing Agent

Matthew J. Farrell, CCIM

CORE Partners
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