Turnkey Bar / Restaurant – The District
Albuquerque’s Downtown Entertainment District

$80,000 (liquor license not included, existing
license may be attached at market price)

Features:

• Superb location on the 4th Street Promenade in the popular downtown entertainment district, adjacent to historic Route 66
• New furnishings and finish out 2004
• 2,421 sq ft upscale, yet warm and casual interior
• $200,000 in build-out, custom bar, booths and ladies’ powder room
• Internal capacity is 80
• Area’s largest 3,600 sq ft, private patio
• tree shaded and brick lined
• capacity of 240
• heat lamps and gas connections
• small performance stage, with electrical
• Fully equipped kitchen, main bar and outdoor patio bar
• Private office with built in cabinets and large safe
• AV and computer equipment
• Extremely attractive lease, with 7 years on initial with two 5-year options
• $13.5 SF vs. $19 SF comparables
• No rent on enclosed 3,600 SF patio vs. $10 SF comparables
• Attached 500 space parking structure is a primary parking facility for the 4th Street Promenade and downtown entertainment district

Area:

• Downtown district is in the midst of a $250mm private/public development (retail, entertainment, office and residential) development phase.
• Two block radius arts and entertainment district includes: 14 screen cineplex and performance theaters, convention facilities, live-work lofts, and site of a planned 20,000 seat sports stadium.
• Over 40,000 employees work in the Downtown core.
• Downtown primary trade area population of over 800,000 with an average income over $60,000.
• Student population of nearly 25,000 at nearby UNM.
• Easy access to I-25 and I-40, via Central Avenue (Route 66).

Please contact Phil at p@mcmains.com

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