Across From Caruso Americana @ Brand - Showcase Restaurant & Bar
Asking Price: | $650,000 |
Established Year: | 2022 |
The former Glenwood Smokehouse is ready for a new concept and operator. Location, Location, Location !! It doesn't get much better than this, facing directly across the main entry to Americana @ Brand and next to the Glendale Galleria in the heart of downtown Glendale, corner of of S. Brand Boulevard and E Harvard Street.
This is a Key Money Asset Sale and the Landlord will write a brand new 10 year lease. Call Broker for Key Money pricing. The Lease start rate is $22,000/Mo. plus NNN of approx $3,319/Mo. All buyers MUST sign an NDA and be qualified before touring the restaurant.
The previous owners spared no expense in the buildout of this 3,612sf restaurant and Bar that can comfortably seat close to 200 patrons. This asset sale includes an enormous compliment of top of the line brand name equipment thats less than 2 years old including:
- 24’ Type 1 Hood, 10' of which rated for Open Flame
- 3 Walk In Refrigerators including a direct draw at the Bar for 20 taps
- Multiple Prep Areas
- Dishwash station
- Full FF&E List of ranges, ovens, fryers, salamanders, grills and planchas, too many to list here, is available and included in the sale.
This opportunity also features a private outdoor patio on Brand Blvd., a full bar with two wells and close to a dozen under counter refrigerators, a Type 47 ABC License allowing for full liquor service to 2 AM, 2 bathrooms, lots of dry storage, a managers office and two rear loading entrances.
Parking, got that covered too. Immediately adjacent to the restaurant is an 1,124 space City owned Parking garage next to building with contracted 90 min free parking.
This infill location of Glendale has a population of over 595,037 and average household incomes over $99,880 within a 5-mile radius and next to some of the regions top retailers, all within walking distance. This wont last long so contact us directly for a tour.
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