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Food Retailers Expanding Nationwide
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Food Retailers Expanding Nationwide Starbucks operates 10,000 locations nationwide and internationally. The coffee shops occupy spaces of 1,500 sq.ft. to 2,000 sq.ft. in freestanding locations. Plans call for 20 openings throughout Long Island, NY during the coming 18 months, with representation by Breslin Realty. Typical leases run 10 years. Specific improvements are required. Dunkin’ Donuts is cited as competition. For more information, contact Jay Siano, Breslin Realty, 500 Old Country Road, Garden City, NY 11530; 516-741-7400, Fax 516-741-5621; Email: jsiano@breslinrealty.com; Website: www.breslinrealty.com.
Del Taco operates 400 locations throughout the West Coast. The Mexican restaurants occupy spaces of 3,000 sq.ft. in freestanding locations and power centers. Plans call for 20 openings throughout CA during the coming 18 months, with representation by Retail Net Leases Properties, Inc. Typical leases run 20 years. Preferred cotenants include Target and Wal*Mart. Preferred demographics include a population of 30,000 within one mile earning $60,000 as the average household income. Taco Bell and Pollo Loco are cited as competition. For more information, contact Kevin Barry, Retail Net Lease Properties, Inc., 360 North Sepulveda Boulevard, Suite 1020, EL Segundo, CA 90245; 310-252-7656, Fax 310-414-0040; Email: Kevin@rnlp.biz; Website: www.rnlp.biz.
McCormick & Schmick’s Seafood Restaurants operates 61 locations nationwide. The seafood restaurants occupy spaces of 7,500 sq.ft. to 8,000 sq.ft. in lifestyle centers and urban/downtown areas. Plans call for 12 openings throughout the Midwest, Northeast, Southeast and West Coast during the coming 18 months. Typical leases run 10 to 15 years. A vanilla shell is required. Preferred cotenants include Crate & Barrel, Nordstrom and Whole Foods. Preferred demographics include a population of 100,000 within three miles earning $75,000 as the average household income. For more information, contact Larry Summerton, McCormick & Schmick’s Seafood Restaurants, 720 Southwest Washington Street, Portland, OR 97205; 503-226-3440, Fax 503-228-7710.
Peter Piper, Inc. trades as Peter Piper Pizza at 135 locations throughout AZ, CA, MI, NM, NV, TX and Mexico. The pizzerias occupy spaces of 8,500 sq.ft. to 10,000 sq.ft. in freestanding locations and power and strip centers. Plans call for 10 openings throughout Phoenix, AZ, San Diego, CA and Dallas, TX during the coming 18 months. Typical leases run 10 years. Preferred cotenants include Target, Wal*Mart, Lowe’s and Home Depot. Preferred demographics include a population of 80,000 within five miles earning $50,000 as the average household income. For more information, contact Leslie Brown, Peter Piper, Inc., 14635 North Kierland Boulevard, Suite 160, Scottsdale, AZ 85254; 480-609-6400, Fax 480-609-6520; Email: lbrown@peterpiperpizza.com; Website: www.peterpiperpizza.com.
Beverages & More! operates 53 locations throughout CA. The stores, specializing in a superior selection of wines, beers, spirits and specialty foods, occupy spaces of 10,000 sq.ft. to 12,000 sq.ft. in freestanding locations, malls and strip centers. Plans call for 10 to 15 openings throughout AZ and CA during the coming 18 months. Typical leases run 10 to 15 years. A vanilla shell and specific improvements are required. Preferred cotenants include Target. Preferred demographics include a population of 200,000 within 10 miles earning $75,000 as the average household income. For more information, contact Gwin Ferguson, Beverages & More!, 1470 Enea Circle, Suite 1600, Concord, CA 94520; 925-609-6031, Fax 925-825-3499; Website: http://bevmo.com.
B & B Land Ventures, Inc. trades as Burger King and Popeyes at 55 locations throughout IL. The fast food restaurants occupy spaces of 2,000 sq.ft. to 2,500 sq.ft. in freestanding locations and power centers. Plans call for three openings throughout Chicago, IL during the coming 18 months. Typical leases run 30 years. For more information, contact Sheldon Friedman, B & B Land Ventures, Inc., 1020 Milwaukee Avenue, Suite 360, Deerfield, IL 60015-3561; 847-215-0190, Fax 847-520-5536.
Kilwins Chocolate Franchise, Inc. trades as Kilwins Chocolates & Ice Cream at 54 locations throughout CO, FL, GA, IL, IN, MI, NC, NY, PA, SC, VA, WI and WV. The dessert shops occupy spaces of 1,500 sq.ft. to 2,000 sq.ft. in downtown areas and entertainment, lifestyle, power and tourist centers. Plans call for 12 openings throughout the southeastern and northeastern regions during the coming 18 months. A vanilla shell is required. Preferred demographics include a population of 50,000 within five miles earning $75,000 as the average household income. For more information, contact Thomas W. Hart, Kilwins Chocolate Franchise, Inc., 355 North Division Road, Petoskey, MI 49770; 231-439-0972; Email: tom@kilwins.com.
New King, Inc. trades as Burger King at eight locations throughout CT. The fast food restaurants occupy spaces of 2,500 sq.ft. in freestanding locations. Plans call for four openings throughout the existing market during the coming 18 months. Typical leases run 20 years. For more information, contact Jack Muirhead, New King, Inc., 874 Silas Deane Highway, Wetherfield, CT 06109; 860-257-9000, Fax 860-257-9248; Email: jjmuirjr@aol.com.
Capital Restaurants trades as Cosi at 97 locations nationwide. The restaurants, specializing in sandwiches, soups, salads and gourmet beverages and desserts, occupy spaces of 2,600 sq.ft. to 3,500 sq.ft. in freestanding locations, entertainment, mixed-use, power, specialty and strip centers and urban/downtown areas. Plans call for four openings throughout CT and RI during the coming 18 months, with representation by Londregan Commercial Real Estate Group. For more information, contact Tim Londregan, Londregan Commercial Real Estate, 129 Main Street, Old Saybrook, CT 06475; 860-388-9100, Fax 860-388-3584; tim@londregan.com.
Applebee’s operates eight locations throughout northwest Los Angeles and Ventura counties, CA. The restaurants occupy spaces of 5,000 sq.ft. to 5,500 sq.ft. in freestanding locations, and entertainment, lifestyle and power centers. Growth opportunities are sought throughout southern CA during the coming 18 months, with representation by Grubb & Ellis. Typical leases run 15 years plus options. Preferred demographics include a population of 50,000 within three miles earning $40,000 as the average household income. For more information, contact Dan Samulski, Grubb & Ellis, 4675 Macarthur Court, Suite 1600, Newport Beach, CA 92660; 949-608-2028, Fax 949-608-2003; Email: dan.samulski@grubb-ellis.com.
Lettuce Entertain You Enterprises trades as various names at 40 locations throughout AZ, IL, MN, NV and Washington, DC. The restaurants occupy spaces of 5,000 sq.ft. to 7,500 sq.ft. in downtown areas. Growth opportunities are sought throughout Atlanta, GA, IL, NV and Washington, DC during the coming 18 months. Typical leases run 10 years. For more information, contact Jay Stieber, Lettuce Entertain You Enterprises, 5419 North Sheridan Road, Chicago, IL 60640; 773-878-7340, Fax 773-878-7667; Website: www.leye.com.
Diversifoods, Inc. trades as Tropik Sun at 80 locations nationwide. The candy, gift, snack and soft drink shops occupy spaces of 180 sq.ft. to 1,500 sq.ft. in entertainment, outlet and power centers. Plans call for three openings nationwide during the coming 18 months. Typical leases run five to eight years. A vanilla shell and specific improvements are required. For more information, contact Harry Wellard, Diversifoods, Inc., 14052 Petromella Drive, Suite 102, Libertyville, IL 60048; 847-968-4415; Email: tropikhdqr@aol.com; Website: www.tropiksun.com. |