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Food Retailers Expanding Nationwide
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Food Retailers Expanding Nationwide Hometown Buffet operates 450 locations nationwide. The restaurants occupy spaces of 9,000 sq.ft. in power and entertainment centers, malls and freestanding locations. Plans call for as many as 20 openings throughout AZ, CA and OR during the coming 18 months, with representation by NAI Capital Commercial. Typical leases run 10 years with four five-year options. For more information, contact Irwin Hyman, NAI Capital Commercial, 16000 Ventura Boulevard, Suite 900, Encino, CA 91436; 818-905-2400, Fax 818-905-2425; Email: ihyman@naicapital.com. Checkers/Rallys operates 795 locations throughout the midwest and southern states. The fast-food restaurants occupy spaces of 750 sq.ft. and up in freestanding locations. Growth opportunities are sought throughout NJ during the coming 18 months, with representation by Thomas Orban Realty. The company is seeking freestanding locations or pad sites in power, strip, specialty and entertainment centers, tourist areas and urban downtown locations. For more information, contact Tom Orban, Christi Masor or Tom Koslowski, Thomas Orban Realty, 1670 Whitehorse/Hamilton Road, Trenton, NJ 08690; 609-587-8954, Fax 609-587-6305; Email tjorban@optionline.net. Fogo de Chao Churrascaria, LLC trades as Fogo De Chao at three locations throughout GA and TX. The restaurants, which specialize in Brazilian cuisine, occupy spaces of 9,000 sq.ft. to 18,000 sq.ft. in specialty and mixed-use centers, freestanding locations, urban/downtown areas and tourist locations. Plans call for as many as two openings during the coming 18 months, with representation by Swearingen. Expansion will take place nationwide with the exception of Atlanta, GA; Chicago, IL and Dallas and Houston, TX. The company prefers to cotenant with other upscale restaurants. A land area of 1.5 acres to 2.0 acres is required. For more information, contact Keith Budner, Swearingen, 5950 Berkshire Lane, Suite 700, Dallas, TX 75225; 214-365-2702, Fax 214-365-2799; Email: kbudner@swearingen.com. The Capital Grill operates 22 locations throughout FL, GA, MA, MD, MI, RI and Washington, DC. The restaurants occupy spaces of 6,500 sq.ft. to 7,000 sq.ft. in mixed-use centers and urban/downtown locations. Growth opportunities are sought throughout the existing markets during the coming 18 months, with representation by Madison Retail Group. For more information, contact Jim Farrell, Madison Retail Group, 1850 M Street, Northwest, Washington, DC, 20036; 202-730-2000, Fax 202-730-2030. Dairy Queen of Tyler, Inc. trades as Dairy Queen at 12 locations throughout TX. The restaurants, specializing in ice cream treats, burgers, baskets and salads, occupy spaces of 2,500 sq.ft. to 3,000 sq.ft. in freestanding locations and mixed-use centers. Plans call for one opening during the coming 18 months. Expansion will take place in Smith County, TX. A land area of 0.75 acres is required. The company prefers to cotenant with gas stations. Typical leases run five years with three five-year options. Specific improvements are required. Demographic requirements include a population of 5,000 within three miles earning $45,000 as the average household income. Average sales of $210 psf have been reported. The company prefers to purchase locations. For more information, contact Darrell Forster, Dairy Queen of Tyler, Inc., 10 East Heritage Drive, Tyler, TX 75703; 903-561-4018, Fax 903-561-4668. Popeyes operates 2,800 locations nationwide. The restaurants occupy spaces of 1,800 sq.ft. to 3,000 sq.ft. in freestanding locations. Plans call for as many as 10 openings throughout NJ during the coming 18 months, with representation by Garrick-Aug Associates. A land area of 22,000 sq.ft. to 25,000 sq.ft. is required. Typical leases run 20 years with two five-year options. Demographic requirements include a population of 30,000 within two miles and a daytime population of 15,000 within two miles.For more information, contact Tom Tourso, Garrick-Aug Associates, 360 Lexington Avenue, New York, NY 10017; 212-850-0206, Fax 212-983-7192. Cousins Subs Systems, Inc. trades as Cousins Subs at 170 locations throughout AZ, CA, CO, IL, IN, MI, MN, ND, TX and WI. The restaurants, specializing in sub sandwiches, occupy spaces of 1,200 sq.ft. to 1,800 sq.ft. in strip and mixed-use centers and freestanding locations. Plans call for as many as 20 openings during the coming 18 months. Expansion will take place throughout the existing markets. The company prefers to cotenant with food, drug and department stores. Typical leases run five to seven years. A vanilla shell is required. Demographic requirements include a population of 10,000 within one mile earning $30,000 as the average household income. Average sales of $300 psf have been reported. The first location opened in 1972. The company is franchising. For more information, contact James Schrank, Cousins Sub Systems, Inc, North 83 West 13400 Leon Road, Menomonee Falls, WI 53051; 262-253-7700, Fax 262-253-7705; Email: jschrank@cousinssubs.com. Rita’s Water Ice Franchise Corp. trades as Rita’s Water Ice and Rita’s Italian Ice at 260 locations throughout DE, FL, MD, NJ, NY, OH, PA, SC and VA. The dessert shops, specializing in frozen desserts, occupy spaces of 800 sq.ft. to 1,000 sq.ft. in strip centers and freestanding locations. Plans call for as many as 55 openings during the coming 18 months. Expansion will take place throughout CT, FL, MI, northern NJ, Brooklyn, Long Island, Poughkeepsie, Staten Island and Westchester, NY; OH and VA. Typical leases run five years with three five-year options. A land area of 0.5 acres is required. The company is franchising.For more information, contact Fern Piazza, Rita’s Water Ice Franchise Corp., 1525 Ford Road, Bensalem, PA 19020; 215-633-9899, Fax 215-633-9922; Web site: www.ritasice.com; Email: realestate@ritascorp.com. McDonald’s operates 1,000 locations nationwide. The quick-serve restaurants occupy spaces of 4,000 sq.ft. in freestanding locations. Growth opportunities are sought throughout San Gabriel Valley, CA during the coming 18 months, with representation by Net Lease Properties. A drive through is required. The company is representing La Salsa Fresh Mexican Grill, a 97-unit chain with locations throughout AZ, CA, CO, CT, IN, NC, OH and TX. The restaurants occupy spaces of 2,800 sq.ft. in strip centers. Growth opportunities are sought throughout Los Angeles County, CA during the coming 18 months. The company also represents Del Taco, a 400-unit chain with locations throughout AZ, CA, CO, GA, MO, NM, NV, and UT. The restaurants occupy spaces of 2,100 sq.ft. in freestanding locations and pad sites. Growth opportunities are sought throughout Los Angeles County, CA during the coming 18 months. A drive-thru is required. For more information, contact Kevin Barry, Net Lease Properties, 360 North Sepulveda Boulevard, Suite 1020, El Segundo, CA 90245; 310-252-7656, Fax 310-414-0040. New South Pizza trades as Brixx Pizza at four locations throughout NC. The restaurants occupy spaces of 1,500 sq.ft. to 2,000 sq.ft. in specialty and mixed-use centers and freestanding locations. Plans call for as many as four openings during the coming 18 months. Expansion will take place throughout NC and SC. The company prefers to cotenant with Starbucks. Typical leases run 10 years with two five-year options. For more information, contact Jeff Van-Dyke, New South Pizza, 225 East Sixth Street, Charlotte, NC 28202; 704-347-2749, Fax 704-376-4622. Smith & Wollensky operates eight locations throughout FL, IL, LA, NV, NY, OH, PA and Washington, DC. The restaurants occupy spaces of 10,000 sq.ft. to 20,000 sq.ft. in freestanding locations and mixed-use centers. Growth opportunities are sought nationwide during the coming 18 months, with representation by Staubach Co. The company represents Fox Sports Grill, a one-unit concept in Scottsdale, AZ. The restaurant occupies a space of 17,000 sq.ft. in a freestanding location. Growth opportunities are sought nationwide during the coming 18 months, with representation by Staubach Co.For more information, contact Brian Kjso or John Few, Staubach Co., 610 Newport Center, Newport Beach, CA 92660; 949-698-1100, Fax 949-698-1198; Web site: www.staubach.com. Diamond Dave’s Taco Co., Inc. trades as Diamond Dave’s Mexican Restaurants at 31 locations throughout IA, IL, MN, MO, SD and WI. The casual dining restaurants, specializing in Mexican/American fare, occupy spaces of 2,500 sq.ft. to 3,000 sq.ft. in malls, strip centers and freestanding locations. Plans call for as many as four openings during the coming 18 months. Expansion will take place throughout the existing markets. Typical leases run 10 years with two five-year options. Preferred demographics include a population of 20,000 within three miles. The company cites casual theme restaurants as competition. The first location opened in 1979. The company is franchising. Average sales of $250 psf to $300 psf have been reported. For more information, contact Stanley White, Diamond Dave’s Taco Co., Inc., 201 South Clinton Street, Suite 281, Iowa City, IA 52240; 319-337-7690, Fax 319-337-4707. Salt Creek Grille operates three locations throughout CA and NJ. The upscale casual dining restaurants occupy spaces of 7,000 sq.ft. to 10,000 sq.ft. in downtown areas, tourist centers and freestanding locations. Plans call for as many as two openings during the coming 18 months. Expansion will take place in CA, NJ, NY, PA and VA. A land area of 1.0 acres is required. The company prefers to cotenant with high end retail and office users. Typical leases run 10 years with two five-year options. A vanilla shell is required. The company cites Houston’s, J. Alexanders and McCormick & Schmicks as competition. Average sales of $650 psf have been reported. For more information, contact Peter Truxaw, Salt Creek Grille, 17050 Bushard Street, Suite 203, Fountain Valley, CA 92708; 714-964-3390, Fax 714-964-3395; Web site: www.saltcreekgrille.com; Email: ptruxaw@saltcreekgrille.com. |