Restaurant Real Estate: January 2021

Welcome to the January 2021 edition of the Portland Food Map restaurant real estate listings sponsored by The Boulos Company. This monthly column gathers in one convenient place the spaces available in Portland that could be potential sites for restaurants and food producers/retailers to locate their next business.

Even in these tough times for the hospitality industry some people are pursuing their dreams and opening new food businesses. Finding the right spot is one of the crucial early challenges in launching a new business and hopefully this new resource will make that step just a little bit easier.

West End

64 Pine St – The former Aurora Provisions space is for sale or lease. The 4,629 sq ft is listed at $12.83/sq ft (NNN) and is also available for sale for $1,395,000.

101 York St – a 15,000 sq ft sub-dividable space in the new building on the corner of York and High Street is available for $15-20/sq ft (NNN). The space already has a hood vent and grease traps installed.

Arts District

11 Brown St – the space where BRGR Bar is located on Brown Street is for lease. The 4,321 turnkey restaurant space is available for $19/sq ft (NNN). All furniture, fixtures & equipment included, as are 2 parking spots and 2,000 sq ft of storage space.

114 Center St –this 1,500 – 10,000 sq ft space off Free Street is for lease at $8-25/sq ft (MG).

555 Congress St – the former Five Fifty-Five is available to lease. The 1,089 – 3,647 sq ft space is listed at $22/sq ft (NNN).

593 Congress St – The former Vinland is available to lease. The 1,720 sq ft space is listed at $19.41/sq ft (MG).

605 Congress St – Two spaces in the State Theater Building is available. They are 543 sq ft and 2,685 sq ft and are listed at $25-35/sq ft (MG).

646 Congress St – this 960 sq ft former retail space adjacent to The Jewel Box is for lease at $25/sq ft (MG).

Bayside

15 Chestnut St – the 14,000 sq ft building that was the former home of Grace is for sale for $3,730,000.

84 Cove St – The former Milk & Honey in Bayside is available for $13/sq ft (NNN).

360 Cumberland Ave – a 1,900 sq ft back building hidden behind 360 Cumberland Ave is available for $20-25/sq ft (NNN).

23 Marginal Way – a 1,300 sq ft space in Century Plaza is available for $28/sq ft (NNN).

34 Portland St – the 4,256 sq ft building that was formerly was occupied by Candy’s is for sale for $695,000.

Old Port

1 Commercial St – the original location of Benkay at the corner of Commercial and India Streets is available. The 2,494 sq ft is for lease at $35/sq ft (NNN).

5 Commercial St – the former Rosemont Market at the corner of Commercial and India Streets is available. The 1,700 sq ft is for lease at $35/sq ft (NNN).

9 Commercial St – the former Commercial Street location of Arabica is available. 3,018/sq ft for $35/sq ft (NNN).

266 Commercial St – 6,689 sq ft of new construction retail space will be available for $20-22/sq ft (NNN).

383 Commercial St – 4 street retail spaces will be available (1,631 – 1,971 sq ft) at $28/sq ft (NNN) in a new building under construction at the corner of Maple and Commercial Streets. It’s building is expected to be finished in the fall of 2020.

98 Cross St – two retail spaces (991 and 1891 sq ft) are available for $20/sq ft (MG).

18 Exchange St – 1,800 sq ft of retail space for lease at $6,950/month (MG).

90 Exchange St – Eaux is moving to a new location and that’s freeing up their former location on Exchange St. 1,500 sq ft at $40/sq ft (MG).

225 Federal St – the former Old Port Po’ Boys & Pickles is available. 1,000 sq ft at $30/sq ft (MG).

345 Fore St – Vena’s is moving and that’s freeing up their current location. 2,310 sq ft for a $3,750/month.

363 Fore St – this 1,250 sq ft restaurant space at the corner of Fore and Middle Street is for lease at $6,500/month (MG).

422 Fore St – the former Pearl space is available, 2,400 sq ft at $38/sq ft (MG).

425 Fore St – The former Five Guys is available. $2,900/sq ft and $40/sq ft (MG).

443 Fore St – the space currently occupied by Evo Kitchen + Bar is for lease and will be available once Evo is moves into the Pattern Storehouse building at the 58 Fore site. The 1,706 sq ft are available for $54.51/sq ft (MG) or $7,750 per month.

446 Fore St – 1,600 – 3,400 sq ft in the former Pearl space with entrances on Wharf and Fore Streets is available for $30-40/sq ft (MG).

40 Free St – A new building is under construction on Free Street by JB Brown. The first floor will have 4/5 storefronts ranging in size from 1,358 to 3,067 sq ft. The construction is expected to be completed in early 2021. The rate is $30/sq ft (NNN).

55 Market St – this 3,700 sq ft space on Market Street was formerly occupied by the Big Easy. It’s available for $24/sq ft (NNN).

131 Middle St – this 3,512 sq ft retail space is for lease at $14.50/sq ft (NNN).

66 Pearl St – the 5,796 space formerly occupied by Bull Moose is available for $15.75/sq ft (MG).

2 Portland Square – the former Walter’s is back on the market. 3,219 sq ft for $28/sq ft (MG).

3 Portland Square – This new building will include 2,500 – 20,000 square feet of retail space for$28.50/sq ft.

3 Spring St – the 2,554 – 3,500 sq ft former Lio space is available at $23/sq ft (NNN).

5 Spring St – the first floor space located below the former home of Lio at the corner of Cross and Spring Streets. 3,069 sq ft at $20-23/sq ft (NNN).

23 Temple St – this 947 sq ft is located in the same building as the Nickelodeon. It’s for lease at $25/sq ft (MG).

India/Washington Ave

100 Fore St – 2 retail spaces are available in a new building planned for Fore Street. 1,141 and 1,914 sq ft respectively, $27 – 30/sq ft (NNN).

The Black Box – 300 sq ft, $1,450 per month (3 month minimum) which includes all utilities, high speed WiFi, and shared access to a common unit that includes two bathrooms (1 ADA) as well as shared use of the adjacent patio space that can accommodate outdoor seating.

Forest Ave

688 Forest Ave – the former Valley Chinese space is for lease for $12/sq ft (MG).

949 Forest Ave – the former Maelily Ryleigh’s is for lease. The 4,185 sq ft restaurant is available at $19/sq ft (NNN).

1190 Forest Ave – located right in the center of Morrill’s Corner. 3,000 – 5,082 sq ft at $12 – 20/sq ft (NNN).

Other

559 Brighton Ave – when Rosemont Market moved their kitchen, warehouse and office space in one building the retail space in their original building on Brighton became available for sale for $550,000.

1041 Brighton Ave – 1,200 -7,000 sq ft of space available in the strip mall that’s the longtime location of Panda Garden. The space is available for $10-13/sq ft (NNN).

441 Congress St – The 2,400 sq ft former home of Guitar Grave across the street from 1 Monument Square is available for $20/sq ft.

1283 Congress St – part of this build was in the process of becoming a restaurant. A hood was installed a couple years. Those plans have apparently been shelved and the space is now for lease. For more information call Harbor City Realty (207) 775-1991.

139 Riverside St – a 5,020 sq ft restaurant space available for $15/sq ft (MG).

249 Saint John St – a 3,41 sq ft building that has been occupied by one restaurant or another for years is for sale for $325,000.

Other Spaces – some vacated restaurant spaces haven’t yet been formerly listed for by the owner (e.g. Piccolo). Check the closing announcements for the latest information.

111 Main St, Westbrook – the former Ruby Tuesday’s in Westbrook Crossing shopping plaza off of Brighton is for lease. Contact nick.margitza@wsdevelopment.com.

117 Route 1, Freeport – the former Conundrum building in Freeport is for sale for $1.2M.

Glossary

MG – Modified Gross which indicates that the operating expenses (taxes, insurance, maintenance, etc.) for the property are included in the lease rate. The tenant would pay its own utilities, which sometimes includes heat.

NNN – Triple Net which indicates that operating expenses are not included in the lease rate, and the tenant will pay them separately. They are often referred to as CAM (Common Area Maintenance) charges and taxes, which are expressed as $/sf. The tenant is also responsible for utilities.

Gross – Gross indicates all expenses including utilities are included in the lease rate. The tenant would be responsible for phone and internet access, as well as interior janitorial.

Restaurant Real Estate Listings: December 2020

Welcome to the December edition of the Portland Food Map restaurant real estate listings sponsored by The Boulos Company. This monthly column gathers in one convenient place the spaces available in Portland that could be potential sites for restaurants and food producers/retailers to locate their next business.

Even in these tough times for the hospitality industry some people are pursuing their dreams and opening new food businesses. Finding the right spot is one of the crucial early challenges in launching a new business and hopefully this new resource will make that step just a little bit easier.

West End

747 Congress St – the space formerly occupied by Flood’s is available for lease. 1,400 sq ft space (not including a shared dining room, bathrooms, and storage area) and features a fully equipped kitchen and working hood system for $2500/month + 3% of gross revenue less taxes and discounts. For more information contact Tony DeLois, tony@uncommongroups.com, (646) 784-3304.

64 Pine St – The former Aurora Provisions space is for sale or lease. The 4,629 sq ft is listed at $12.83/sq ft (NNN) and is also available for sale for $1,495,000.

101 York St – a 15,000 sq ft sub-dividable space in the new building on the corner of York and High Street is available for $15-20/sq ft (NNN). The space already has a hood vent and grease traps installed.

Arts District

11 Brown St – the space where BRGR Bar is located on Brown Street is for lease. The 4,321 turnkey restaurant space is available for $19/sq ft (NNN). All furniture, fixtures & equipment included, as are 2 parking spots and 2,000 sq ft of storage space.

114 Center St –this 1,500 – 10,000 sq ft space off Free Street is for lease at $8-25/sq ft (MG).

555 Congress St – the former Five Fifty-Five is available to lease. The 1,089 – 3,647 sq ft space is listed at $22/sq ft (NNN).

593 Congress St – The former Vinland is available to lease. The 1,720 sq ft space is listed at $19.41/sq ft (MG).

605 Congress St – Two spaces in the State Theater Building is available. They are 543 sq ft and 2,685 sq ft and are listed at $25-35/sq ft (MG).

646 Congress St – adjacent to The Jewel Box, 960 sq ft at $25/sq ft (MG).

Bayside

84 Cove St – The former Milk & Honey in Bayside is available for $13/sq ft (NNN).

23 Marginal Way – a 1,300 sq ft space in Century Plaza is available for $28/sq ft (NNN).

Old Port

1 Commercial St – the original location of Benkay at the corner of Commercial and India Streets is available. The 2,494 sq ft is for lease at $35/sq ft (NNN).

5 Commercial St – the former Rosemont Market at the corner of Commercial and India Streets is available. The 1,700 sq ft is for lease at $35/sq ft (NNN).

9 Commercial St – the former Commercial Street location of Arabica is available. 3,018/sq ft for $35/sq ft (NNN).

266 Commercial St – 6,689 sq ft of new construction retail space will be available for $20-22/sq ft (NNN).

383 Commercial St – 4 street retail spaces will be available (1,631 – 1,971 sq ft) at $28/sq ft (NNN) in a new building under construction at the corner of Maple and Commercial Streets. It’s building is expected to be finished in the fall of 2020.

98 Cross St – two retail spaces (991 and 1891 sq ft) are available for $20/sq ft (MG).

90 Exchange St – Eaux is moving to a new location and that’s freeing up their former location on Exchange St. 1,500 sq ft at $40/sq ft (MG).

225 Federal St – the former Old Port Po’ Boys & Pickles is available. 1,000 sq ft at $30/sq ft (MG).

345 Fore St – Vena’s is moving in January and that’s freeing up their current location. 2,310 sq ft for a $3,750/month.

422 Fore St – the former Pearl space is available, 2,400 sq ft at $38/sq ft (MG).

425 Fore St – The former Five Guys is available. $2,900/sq ft and $40/sq ft (MG).

443 Fore St – the space currently occupied by Evo Kitchen + Bar is for lease and will be available once Evo is moves into the Pattern Storehouse building at the 58 Fore site. The 1,706 sq ft are available for $54.51/sq ft (MG) or $7,750 per month.

40 Free St – A new building is under construction on Free Street by JB Brown. The first floor will have 4/5 storefronts ranging in size from 1,358 to 3,067 sq ft. The construction is expected to be completed in early 2021. The rate is $30/sq ft (NNN).

55 Market St – this 3,700 sq ft space on Market Street was formerly occupied by the Big Easy. It’s available for $24/sq ft (NNN).

131 Middle St – 3,512 sq ft at $14.50/sq ft (NNN).

2 Portland Square – the former Walter’s is back on the market. 3,219 sq ft for $28/sq ft (MG).

3 Portland Square – This new building will include 2,500 – 20,000 square feet of retail space for$28.50/sq ft.

3 Spring St – the 2,554 – 3,500 sq ft former Lio space is available at $23/sq ft (NNN).

5 Spring St – the first floor space located below the former home of Lio at the corner of Cross and Spring Streets. 3,069 sq ft at $20-23/sq ft (NNN).

23 Temple St – 947 sq ft at $25/sq ft (MG).

India/Washington Ave

100 Fore St – 2 retail spaces are available in a new building planned for Fore Street. 1,141 and 1,914 sq ft respectively, $27 – 30/sq ft (NNN).

15 Middle St – located in one of the new buildings off India Street. 991 sq ft at $22/sq ft (NNN).

Forest Ave

688 Forest Ave – the former Valley Chinese space is for lease for $12/sq ft (MG).

949 Forest Ave – the former Maelily Ryleigh’s is for lease. The 4,185 sq ft restaurant is available at $19/sq ft (NNN).

1190 Forest Ave – located right in the center of Morrill’s Corner. 3,000 – 5,082 sq ft at $12 – 20/sq ft (NNN).

Other

559 Brighton Ave – when Rosemont Market moved their kitchen, warehouse and office space in one building the retail space in their original building on Brighton became available for sale for $550,000.

441 Congress St – The 2,400 sq ft former home of Guitar Grave across the street from 1 Monument Square is available for $20/sq ft.

1283 Congress St – part of this build was in the process of becoming a restaurant. A hood was installed a couple years. Those plans have apparently been shelved and the space is now for lease. For more information call Harbor City Realty (207) 775-1991.

139 Riverside St – a 5,020 sq ft restaurant space available for $15/sq ft (MG).

Other Spaces – the spaces formerly occupied by Piccolo, Cider House, and Candy’s have all been vacated but there’s no online real estate listings for them. Regardless, they’re probably still worth checking out.

173 Ocean St, South Portland – a 1,000 sq ft space in Knightville available for $15.50/sq ft (NNN).

117 Route 1, Freeport – the former Conundrum building in Freeport is for sale for $1.2M.

66 Cove St – Brewery Extrava is for sale for $750,000.

Glossary

MG – Modified Gross which indicates that the operating expenses (taxes, insurance, maintenance, etc.) for the property are included in the lease rate. The tenant would pay its own utilities, which sometimes includes heat.

NNN – Triple Net which indicates that operating expenses are not included in the lease rate, and the tenant will pay them separately. They are often referred to as CAM (Common Area Maintenance) charges and taxes, which are expressed as $/sf. The tenant is also responsible for utilities.

Gross – Gross indicates all expenses including utilities are included in the lease rate. The tenant would be responsible for phone and internet access, as well as interior janitorial.

Restaurant Real Estate Listings: November 2020

Welcome to the November edition of the Portland Food Map restaurant real estate listings sponsored by The Boulos Company. This monthly column gathers in one convenient place the spaces available in Portland that could be potential sites for restaurants and food producers/retailers to locate their next business.

Even in these tough times for the hospitality industry some people are pursuing their dreams and opening new food businesses. Finding the right spot is one of the crucial early challenges in launching a new business and hopefully this new resource will make that step just a little bit easier.

West End

747 Congress St – the space formerly occupied by Flood’s is available for lease. 1,400 sq ft space (not including a shared dining room, bathrooms, and storage area) and features a fully equipped kitchen and working hood system for $2500/month + 3% of gross revenue less taxes and discounts. For more information contact Tony DeLois, tony@uncommongroups.com, (646) 784-3304.

785 Congress St – a renovated 1,378 sq ft space near Bramhall Square is available for lease for $2,000 per month (MG).

64 Pine St – The former Aurora Provisions space is for sale or lease. The 4,629 sq ft is listed at $12.83/sq ft (NNN) and is also available for sale for $1,495,000.

101 York St – a 15,000 sq ft sub-dividable space in the new building on the corner of York and High Street is available for $15-20/sq ft (NNN). The space already has a hood vent and grease traps installed.

Arts District

11 Brown St – the space where BRGR Bar is located on Brown Street is for lease. The 4,321 turnkey restaurant space is available for $19/sq ft (NNN). All furniture, fixtures & equipment included, as are 2 parking spots and 2,000 sq ft of storage space.

114 Center St –this 1,500 – 10,000 sq ft space off Free Street is for lease at $8-25/sq ft (MG).

555 Congress St – the former Five Fifty-Five is available to lease. The 1,089 – 3,647 sq ft space is listed at $22/sq ft (NNN).

593 Congress St – The former Vinland is available to lease. The 1,720 sq ft space is listed at $19.41/sq ft (MG).

605 Congress St – Two spaces in the State Theater Building is available. They are 543 sq ft and 2,685 sq ft and are listed at $25-35/sq ft (MG).

646 Congress St – adjacent to The Jewel Box, 960 sq ft at $25/sq ft (MG).

Bayside

84 Cove St – The former Milk & Honey in Bayside is available for $13/sq ft (NNN).

23 Marginal Way – a 1,300 sq ft space in Century Plaza is available for $28/sq ft (NNN).

Old Port

1 Commercial St – the original location of Benkay at the corner of Commercial and India Streets is available. The 2,494 sq ft is for lease at $35/sq ft (NNN).

5 Commercial St – the former Rosemont Market at the corner of Commercial and India Streets is available. The 1,700 sq ft is for lease at $35/sq ft (NNN).

9 Commercial St – the former Commercial Street location of Arabica is available. 3,018/sq ft for $35/sq ft (NNN).

100 Commercial St – the former K Collette 3,759 sq ft space in the Thomas Block is available for $24.75 (MG).

123 Commercial St – 2,587 sq ft of space at $32/sq ft (NNN).

266 Commercial St – 6,689 sq ft of new construction retail space will be available for $20-22/sq ft (NNN).

267 Commercial St – the former Bam Bam Bakery space is available. 2,355 sq ft at $28/sq ft (NNN).

383 Commercial St – 4 street retail spaces will be available (1,631 – 1,971 sq ft) at $28/sq ft (NNN) in a new building under construction at the corner of Maple and Commercial Streets. It’s building is expected to be finished in the fall of 2020.

98 Cross St – two retail spaces (991 and 1891 sq ft) are available for $20/sq ft (MG).

225 Federal St – the former Old Port Po’ Boys & Pickles is available. 1,000 sq ft at $30/sq ft (MG).

422 Fore St – the former Pearl space is available, 2,400 sq ft at $38/sq ft (MG).

425 Fore St – The former Five Guys is available. $2,900/sq ft and $40/sq ft (MG).

443 Fore St – the space currently occupied by Evo Kitchen + Bar is for lease and will be available once Evo is moves into the Pattern Storehouse building at the 58 Fore site. The 1,706 sq ft are available for $54.51/sq ft (MG) or $7,750 per month.

40 Free St – A new building is under construction on Free Street by JB Brown. The first floor will have 4/5 storefronts ranging in size from 1,358 to 3,067 sq ft. The construction is expected to be completed in early 2021. The rate is $30/sq ft (NNN).

55 Market St – this 3,700 sq ft space on Market Street was formerly occupied by the Big Easy. It’s available for $24/sq ft (NNN).

89 Market St – The former Old Port Sandwich Shop is available. Call (207) 772-6579 for more information.

131 Middle St – 3,512 sq ft at $14.50/sq ft (NNN).

3 Portland Square – This new building will include 2,500 – 20,000 square feet of retail space for$28.50/sq ft.

3 Spring St – the 2,554 – 3,500 sq ft former Lio space is available at $23/sq ft (NNN).

5 Spring St – the first floor space located below the former home of Lio at the corner of Cross and Spring Streets. 3,069 sq ft at $20-23/sq ft (NNN).

23 Temple St – 947 sq ft at $25/sq ft (MG).

India/Washington Ave

100 Fore St – 2 retail spaces are available in a new building planned for Fore Street. 1,141 and 1,914 sq ft respectively, $27 – 30/sq ft (NNN).

15 Middle St – located in one of the new buildings off India Street. 991 sq ft at $22/sq ft (NNN).

The Black Box – 300 sq ft, $1,450 per month (3 month minimum) which includes all utilities, high speed WiFi, and shared access to a common unit that includes two bathrooms (1 ADA) as well as shared use of the adjacent patio space that can accommodate outdoor seating.

Forest Ave

688 Forest Ave – the former Valley Chinese space is for lease for $12/sq ft (MG).

949 Forest Ave – the former Maelily Ryleigh’s is for lease. The 4,185 sq ft restaurant is available at $19/sq ft (NNN).

1569 Forest Ave – a former gas station on outer Forest Ave is available for $1-99/sq ft (NNN). The building is $1,352 sq ft in size.

Other

559 Brighton Ave – when Rosemont Market moved their kitchen, warehouse and office space in one building the retail space in their original building on Brighton became available for sale for $550,000.

441 Congress St – The 2,400 sq ft former home of Guitar Grave across the street from 1 Monument Square is available for $20/sq ft.

1283 Congress St – part of this build was in the process of becoming a restaurant. A hood was installed a couple years. Those plans have apparently been shelved and the space is now for lease. For more information call Harbor City Realty (207) 775-1991.

327 Saint John St – the former Dunkin Donuts is available. 1,876 sq ft at $35/sq ft (NNN).

139 Riverside St – a 5,020 sq ft restaurant space available for $15/sq ft (MG).

Other Spaces – the spaces formerly occupied by Piccolo, Cider House, Candy’s, and Sip of Europe have all been vacated but there’s no online real estate listings for them. Regardless, they’re probably still worth checking out.

173 Ocean St, South Portland – a 1,000 sq ft space in Knightville available for $15.50/sq ft (NNN).

117 Route 1, Freeport – the former Conundrum building in Freeport is for sale for $1.2M.

66 Cove St – Brewery Extrava is for sale for $750,000.

Glossary

MG – Modified Gross which indicates that the operating expenses (taxes, insurance, maintenance, etc.) for the property are included in the lease rate. The tenant would pay its own utilities, which sometimes includes heat.

NNN – Triple Net which indicates that operating expenses are not included in the lease rate, and the tenant will pay them separately. They are often referred to as CAM (Common Area Maintenance) charges and taxes, which are expressed as $/sf. The tenant is also responsible for utilities.

Gross – Gross indicates all expenses including utilities are included in the lease rate. The tenant would be responsible for phone and internet access, as well as interior janitorial.

Restaurant Real Estate Listings: October 2020

Welcome to the October edition of the Portland Food Map restaurant real estate listings sponsored by The Boulos Company. This monthly column gathers in one convenient place spaces available in Portland that could be potential sites for restaurants and food producers/retailers to locate their next business.

Even in these tough times for the hospitality industry some people are pursuing their dreams and opening new food businesses. Finding the right spot is one of the crucial early challenges in launching a new business and hopefully this new resource will make that step just a little bit easier.

West End

785 Congress St – a renovated 1,378 sq ft space near Bramhall Square is available for lease for $2,000 per month (MG).

64 Pine St – The former Aurora Provisions space is for sale or lease. The 4,629 sq ft is listed at $12.83/sq ft (NNN) and is also available for sale for $1,495,000.

101 York St – a 15,000 sq ft sub-dividable space in the new building on the corner of York and High Street is available for $15-20/sq ft (NNN). The space already has a hood vent and grease traps installed.

Arts District

11 Brown St – the space where BRGR Bar is located on Brown Street is for lease. The 4,321 turnkey restaurant space is available for $19/sq ft (NNN). All furniture, fixtures & equipment included, as are 2 parking spots and 2,000 sq ft of storage space.

114 Center St –this 1,500 – 10,000 sq ft space off Free Street is for lease at $8-25/sq ft (MG).

504 Congress St – the former Portland City Music Hall is available. The 17,687 – 34,687 is listed at $4/sq ft (NNN).

555 Congress St – the former Five Fifty-Five is available to lease. The 1,089 – 3,647 sq ft space is listed at $22/sq ft (NNN).

593 Congress St – The former Vinland is available to lease. The 1,720 sq ft space is listed at $19.41/sq ft (MG).

605 Congress St – Two spaces in the State Theater Building is available. They are 543 sq ft and 2,685 sq ft and are listed at $25-35/sq ft (MG).

Bayside

84 Cove St – The former Milk & Honey in Bayside is available for $13/sq ft (NNN).

23 Marginal Way – a 1,300 sq ft space in Century Plaza is available for $28/sq ft (NNN).

Old Port

1 Commercial St – the original location of Benkay at the corner of Commercial and India Streets is available. The 2,494 sq ft is for lease at $35/sq ft (NNN).

5 Commercial St – the former Rosemont Market at the corner of Commercial and India Streets is available. The 1,700 sq ft is for lease at $35/sq ft (NNN).

9 Commercial St – the former Commercial Street location of Arabica is available. 3,018/sq ft for $35/sq ft (NNN).

123 Commercial St – 2,587 sq ft of space at $32/sq ft (NNN).

266 Commercial St – 6,689 sq ft of new construction retail space will be available for $20-22/sq ft (NNN).

267 Commercial St – the former Bam Bam Bakery space is available. 2,355 sq ft at $25/sq ft (NNN).

383 Commercial St – 4 street retail spaces will be available (1,631 – 1,971 sq ft) at $28/sq ft (NNN) in a new building under construction at the corner of Maple and Commercial Streets. It’s building is expected to be finished in the fall of 2020.

98 Cross St – two retail spaces (991 and 1891 sq ft) are available for $20/sq ft (MG).

225 Federal St – the former Old Port Po’ Boys & Pickles is available. 1,000 sq ft at $30/sq ft (MG).

425 Fore St – The former Five Guys is available. $2,900/sq ft and $40/sq ft (MG).

443 Fore St – the space currently occupied by Evo Kitchen + Bar is for lease and will be available once Evo is moves into the Pattern Storehouse building at the 58 Fore site. The 1,706 sq ft are available for $54.51/sq ft (MG) or $7,750 per month.

40 Free St – A new building is under construction on Free Street by JB Brown. The first floor will have 4/5 storefronts ranging in size from 1,358 to 3,067 sq ft. The construction is expected to be completed in early 2021. The rate is $30/sq ft (NNN).

55 Market St – this 3,700 sq ft space on Market Street was formerly occupied by the Big Easy. It’s available for $24/sq ft (NNN).

89 Market St – The former Old Port Sandwich Shop is available. Call (207) 772-6579 for more information.

131 Middle St – 3,512 sq ft at $14.50/sq ft (NNN).

3 Portland Square – This new building will include 2,500 – 20,000 square feet of retail space for$28.50/sq ft.

5 Spring St – the first floor space at the corner of Cross and Spring Streets. 3,069 sq ft at $20-23/sq ft (NNN).

23 Temple St – 947 sq ft at $25/sq ft (MG).

India/Washington Ave

100 Fore St – 2 retail spaces are available in a new building planned for Fore Street. 1,141 and 1,914 sq ft respectively, $27 – 30/sq ft (NNN).

15 Middle St – located in one of the new buildings off India Street. 991 sq ft at $22/sq ft (NNN).

The Black Box – 300 sq ft, $1,450 per month (3 month minimum) which includes all utilities, high speed WiFi, and shared access to a common unit that includes two bathrooms (1 ADA) as well as shared use of the adjacent patio space that can accommodate outdoor seating.

Forest Ave

509 Forest Ave – 6,000 sq ft of space near Bow Street Beverage is available for $10-12.75/sf ft (MG).

949 Forest Ave – the former Maelily Ryleigh’s is for lease. The 4,185 sq ft restaurant is available at $19/sq ft (NNN).

1569 Forest Ave – a former gas station on outer Forest Ave is available for $1-99/sq ft (NNN). The building is $1,352 sq ft in size.

Other

559 Brighton Ave – with Rosemont Market centralizing their kitchen, warehouse and office space in one building the retail space in their original building on Brighton is now available for sale for $550,000.

441 Congress St – The 2,400 sq ft former home of Guitar Grave across the street from 1 Monument Square is available for $20/sq ft.

327 Saint John St – the former Dunkin Donuts is available. 1,876 sq ft at $35/sq ft (NNN).

Other Spaces – the spaces formerly occupied by Piccolo, Cider House, Candy’s, Lio, and Sip of Europe have all been vacated but there’s no online real estate listings for them. Regardless, they’re probably still worth checking out.

Glossary

MG – Modified Gross which indicates that the operating expenses (taxes, insurance, maintenance, etc.) for the property are included in the lease rate. The tenant would pay its own utilities, which sometimes includes heat.

NNN – Triple Net which indicates that operating expenses are not included in the lease rate, and the tenant will pay them separately. They are often referred to as CAM (Common Area Maintenance) charges and taxes, which are expressed as $/sf. The tenant is also responsible for utilities.

Gross – Gross indicates all expenses including utilities are included in the lease rate. The tenant would be responsible for phone and internet access, as well as interior janitorial.

Restaurant Real Estate Listings: February 2020

Welcome to the February edition of the Portland Food Map restaurant real estate listings sponsored by The Boulos Company. This monthly column gathers in one convenient place spaces available in Portland that could be potential sites for restaurants and food producers/retailers to locate their next business. Finding the right spot is one of the crucial early challenges in launching a new business and hopefully this new resource will make that step just a little bit easier.

Listings that are new or have been updated since last month are flagged with an red asterisks (*).

West End

754 Congress St – plans are underway to build the Longfellow, a new hotel at the corner of Neal and Congress St. The 47-room hotel will have a 950 sq ft commercial space (plus 400 sq ft of separate storage space) available for $25/sq ft (NNN). Target date for completion of construction is mid-2021. The space will be built “as a white box, stubbed with utilities and a hood system”. Contact Tony DeLois for more information at tony@uncommongroups.com.

762 Congress St – this 1,000 sq ft space on the corner of Neal St is available for $22/sq ft.

785 Congress St – a renovated 1,378 sq ft space near Bramhall Square is available for lease for $2,000 per month (MG). It’s located on the same side of the street as Roma Cafe, Quiero and Flood’s. As a West End resident myself I’d love to see a business open in this long vacant space.

950 Congress St – The Greyhound bus station on Saint John Street is for sale.

101 York St – a 15,000 sq ft sub-dividable space in the new building on the corner of York and High Street is available for $20/sq ft (NNN). The space already has a hood vent and grease traps installed.

Arts District

*11 Brown St – the space where BRGR Bar is located on Brown Street is for lease. The 4,321 turnkey restaurant space is available for $19/sq ft (NNN). All furniture, fixtures & equipment included, as are 2 parking spots and 2,000 sq ft of storage space.

*114 Center St –this 1,500 – 10,000 sq ft space off Free Street is for lease at $8-25/sq ft (MG).

480 Congress St – 3,513 – 7,213 sq ft space available for $18.75/sq ft (NNN).

*605 Congress St – The 543 – 2,685 sq ft corner retail space in the State Theater Building is available at $25-35/sq ft (MG).

Bayside

148 Anderson St – this 9,600 sq ft building in East Bayside is located next to Tandem Coffee. The building is divisible with spaces between 2,000 – 9,600 sq ft available for $15-18/sq ft (NNN). The building has a drive-in door and comes with 15-20 parking spaces.

*105 Fox St – A 1,950 sq ft space immediately adjacent to Rising Tide is available for $16-19/sq ft (NNN).

23 Marginal Way – a 1,300 sq ft space in Century Plaza is available for $28/sq ft (NNN).

Old Port

1 Commercial St – the original location of Benkay at the corner of Commercial and India Streets is available. The 2,494 sq ft is for lease at $35/sq ft (NNN).

5 Commercial St – the former Rosemont Market at the corner of Commercial and India Streets is available. The 1,914 sq ft is for lease at $35/sq ft (NNN).

*217 Commercial St – 2,576 sq ft of space that’s been the longtime home of Asia West is for lease for $45/sq ft (MG).

266 Commercial St – 6,689 sq ft of new construction retail space will be available for $20-22/sq ft (NNN).

383 Commercial St – 4 street retail spaces will be available (1,631 – 1,971 sq ft) in a new building under construction at the corner of Maple and Commercial Streets. It’s building is expected to be finished in the fall of 2020.

400 Commercial St – owner Chris DiMillo plans to renovate the first floor of this building into a restaurant space for lease.

*443 Fore St – the space currently occupied by Evo Kitchen + Bar is for lease and will be available as of February 2021. The 1,706 sq ft are available for $54.51/sq ft (MG) or $7,750 per month. Evo is slated to move into the Pattern Storehouse building at the 58 Fore site.

17 Free St – this Subterranean space is located in the same building as Sur Lie. The 2,495 sq ft are available for $13/sq ft (NNN).

40 Free St – A new building is under construction on Free Street by JB Brown. The first floor will have 4/5 storefronts ranging in size from 1,358 to 3,067 sq ft. The construction is expected to be completed in early 2021. The rate is $30/sq ft (NNN).

48 Free St – Located across the street from Aura and nearby the Cross Arena, this 3,604 sq ft is available for $26/sq ft (MG).

55 Market St – this 3,700 sq ft space on Market Street was formerly occupied by the Big Easy. It’s available for $24/sq ft (NNN).

75 Market/157 Middle St – Portland Trading Company has moved around the corner to 83 Market Street which will free up their 2,025 sq ft space for $27.95/sq ft (MG). It’s one of 4 spaces available at this address. In total there’s 1,071 – 6,356 sq ft for lease.

1 Monument Square – The owners of 1 Monument Square have a large first floor space available for a restaurant. 4,385 sq ft for lease at $25/sq ft (NNN). You can see some artist sketches of what a restaurant in this spot could look like in the full listing.

2 Portland Square – Walter’s closed in 2019 and the 3,219 sq ft turnkey restaurant is available for $28/sq ft (MG).

India Street

47 India StTwo Fat Cats is moving to West Bayside this spring, and as a result their location on India Street will be available. The 1-,200 – 2,400 sq ft space is available for $4,000 – 6,000 per month (NNN).

100 Fore St – 2 retail spaces are available in a new building planned for Fore Street. 1,141 and 1,914 sq ft respectively, $27 – 30/sq ft (NNN).

Forest Ave

*18 Ashmont St – this 4,652 sq ft industrial building behind the Great Lost Bear is for lease at $12/sq ft (NNN).

509 Forest Ave – 6,000 sq ft of space near Bow Street Beverage is available for $12.75/sf ft (MG).

*688 Forest Ave – the former Valley’s Chinese building is for sale and the auction house handling the sale is now accepting offers.

1053 Forest Ave – the former Papa John’s on Forest Ave is available, 1,200 sq ft at $18/sq ft (NNN).

1190 Forest Ave – Renovation of a building in Morrill’s Corner is finishing up. 3,000 – 5,082 sq ft of space are available for $12-20/sq ft (NNN).

1569 Forest Ave – a former gas station on outer Forest Ave is available for $1-99/sq ft (NNN). The building is $1,352 sq ft in size.

Other

170 Brighton Ave – the former 7-11 building at the corner of Brighton and Saint John Street is for lease. The 2,173 sq ft comes with onsite parking spaces and is listed at 42/sq ft (NNN).

559 Brighton Ave – with Rosemont Market centralizing their kitchen, warehouse and office space in one building the retail space in their original building on Brighton is now available for sale for $550,000.

90 Congress St – Lolita went out of business on September 2nd. The fixtures are for sale for $100,000 and the lease for 30-seat 877 sq ft restaurant is $2,700 per month (NNN).

441 Congress St – The 2,400 sq ft former home of Guitar Grave across the street from 1 Monument Square is available for $20/sq ft.

280 Saint John St – 3 spaces are available in the Union Station Plaza. The 2,600 – 4,400 sq ft spaces are available for $8 – 14/sq ft (NNN).

75 Washington Ave – a 1,925 sq ft space in the Nissen Bakery building which is also home to Cong Tu Bot, Drifters/Maine & Loire, Maine Mead Works, Oxbow Brewing and Hardshore Distilling. $18/sq ft (NNN). A hood can’t be installed at this address but it can serve as a food retail space.

Glossary

MG – Modified Gross which indicates that the operating expenses (taxes, insurance, maintenance, etc.) for the property are included in the lease rate. The tenant would pay its own utilities, which sometimes includes heat.

NNN – Triple Net which indicates that operating expenses are not included in the lease rate, and the tenant will pay them separately. They are often referred to as CAM (Common Area Maintenance) charges and taxes, which are expressed as $/sf. The tenant is also responsible for utilities.

Gross – Gross indicates all expenses including utilities are included in the lease rate. The tenant would be responsible for phone and internet access, as well as interior janitorial.

Real Estate Listings: January 2020

Welcome to the January 2020 edition of the PFM restaurant and food retail commercial real estate listings. This monthly column gathers in one convenient place spaces available in Portland that could be potential sites for restaurants and food producers/retailers to locate their next business. Finding just the right spot is one of the crucial early challenges in launching a new restaurant, bar, bakery, coffee shop or food retail business and hopefully this new resource will make it a little bit easier.

The listings are organized by neighborhood, and contains square footage, cost, location, background info on prior usage, whether for lease or sale, and a link to the full listing online where you can see all the details. Storefronts that were formerly a restaurant are indicated in the description and those likely already have a hood and grease traps.

Listings that are new or have been updated since last month are flagged with an red asterisks (*).

Feel free to post a comment below or email me at anestes@portlandfoodmap.com if you know of a good one that may have been overlooked.

West End

*754 Congress St – plans are underway to build the Longfellow, a new hotel at the corner of Neal and Congress St. The 47-room hotel will have a 950 sq ft commercial space (plus 400 sq ft of separate storage space) available for $25/sq ft (NNN). Target date for completion of construction is mid-2021. The space will be built “as a white box, stubbed with utilities and a hood system”. Contact Tony DeLois for more information at tony@uncommongroups.com.

762 Congress St – this 1,000 sq ft space on the corner of Neal St is available for $22/sq ft.

785 Congress St – a renovated 1,378 sq ft space near Bramhall Square is available for lease for $2,000 per month (MG). It’s located on the same side of the street as Roma Cafe, Quiero and Flood’s. As a West End resident myself I’d love to see a business open in this long vacant space.

*935 Congress St – The 5 Spot closed in late December and presumably their former space is now available for lease.

950 Congress St – The Greyhound bus station on Saint John Street is for sale.

101 York St – a 15,000 sq ft sub-dividable space in the new building on the corner of York and High Street is available for $20/sq ft (NNN). The space already has a hood vent and grease traps installed.

Arts District

11 Brown St – the BRGR Bar location on Brown Street is for lease. The 4,321 turnkey restaurant space is available for $26/sq ft (NNN).

114 Center St –this 10,000 sq ft space off Free Street is for lease at $8-25/sq ft (MG).

480 Congress St – 3,513 – 7,213 sq ft space available for $18.75/sq ft (NNN).

605 Congress St – The 543 – 1,500 sq ft corner retail space in the State Theater Building is available at $25-35/sq ft (MG).

Bayside

148 Anderson St – this 9,600 sq ft building in East Bayside is located next to Tandem Coffee. The building is divisible with spaces between 2,000 – 9,600 sq ft available for $15-18/sq ft (NNN). The building has a drive-in door and comes with 15-20 parking spaces.

105 Fox St – A 1,950 sq ft space immediately adjacent to Rising Tide is available for $19-21/sq ft (NNN).

23 Marginal Way – a 1,300 sq ft space in Century Plaza is available for $28/sq ft (NNN).

Old Port

1 Commercial St – the original location of Benkay at the corner of Commercial and India Streets is available. The 2,494 sq ft is for lease at $35/sq ft (NNN).

5 Commercial St – the former Rosemont Market at the corner of Commercial and India Streets is available. The 1,914 sq ft is for lease at $35/sq ft (NNN).

266 Commercial St – 6,689 sq ft of new construction retail space will be available for $20-22/sq ft (NNN).

383 Commercial St – 4 street retail spaces will be available (1,631 – 1,971 sq ft) in a new building under construction at the corner of Maple and Commercial Streets. It’s building is expected to be finished in the fall of 2020.

400 Commercial St – owner Chris DiMillo plans to renovate the first floor of this building into a restaurant space for lease.

425 Fore St – This is the current address of the Maine Lobster Shack. The 1,548 sq ft turnkey restaurant space is available to lease for $5,795 per month (MG).

17 Free St – this Subterranean space is located in the same building as Sur Lie. The 2,495 sq ft are available for $13/sq ft (NNN).

40 Free St – A new building is under construction on Free Street by JB Brown. The first floor will have 4/5 storefronts ranging in size from 1,358 to 3,067 sq ft. The construction is expected to be completed in early 2021. The rate is $30/sq ft (NNN).

48 Free St – Located across the street from Aura and nearby the Cross Arena, this 3,604 sq ft is available for $26/sq ft (MG).

*55 Market St – this 3,700 sq ft space on Market Street was formerly occupied by the Big Easy. It’s available for $24/sq ft (NNN).

75 Market/157 Middle St – Portland Trading Company has moved around the corner to 83 Market Street which will free up their 2,025 sq ft space for $27.95/sq ft (MG). It’s one of 4 spaces available at this address. In total there’s 1,071 – 6,356 sq ft for lease.

15 Middle St – a 991 sq ft retail space on the first floor of one of the new buildings off of India Street for $25/sq ft (NNN).

1 Monument Square – The owners of 1 Monument Square have a large first floor space available for a restaurant. 4,385 sq ft for lease at $25/sq ft (NNN). You can see some artist sketches of what a restaurant in this spot could look like in the full listing.

2 Portland Square – Walter’s closed in 2019 and the 3,219 sq ft turnkey restaurant is available for $28/sq ft (MG).

India Street

47 India StTwo Fat Cats is moving to West Bayside this spring, and as a result their location on India Street will be available. The 1-,200 – 2,400 sq ft space is available for $4,000 – 6,000 per month (NNN).

100 Fore St – 2 spaces are available in a new building planned for Fore Street. 1,245 and 2,056 sq ft respectively, $27 – 30/sq ft (NNN).

Forest Ave

449 Forest Ave – a 5,923 sq ft space is available in the Forest Ave Plaza across the street from Rose Foods. It’s listed at $14/sq ft (NNN).

509 Forest Ave – 6,000 sq ft of space near Bow Street Beverage is available for $12.75/sf ft (MG).

1053 Forest Ave – the former Papa John’s on Forest Ave is available, 1,200 sq ft at $18/sq ft (NNN).

*1190 Forest Ave – Renovation of a building in Morrill’s Corner is finishing up. 3,000 – 5,082 sq ft of space are available for $12-20/sq ft (NNN).

1569 Forest Ave – a former gas station on outer Forest Ave is available for $1-99/sq ft (NNN). The building is $1,352 sq ft in size.

Other

170 Brighton Ave – the former 7-11 building at the corner of Brighton and Saint John Street is for lease. The 2,173 sq ft comes with onsite parking spaces and is listed at 420/sq ft (NNN).

559 Brighton Ave – with Rosemont Market centralizing their kitchen, warehouse and office space in one building the retail space in their original building on Brighton is now available for sale for $550,000.

90 Congress St – Lolita went out of business on September 2nd. The fixtures are for sale for $100,000 and the lease for 30-seat 877 sq ft restaurant is $2,700 per month (NNN).

441 Congress St – The 2,400 sq ft former home of Guitar Grave across the street from 1 Monument Square is available for $20/sq ft.

280 Saint John St – 3 spaces are available in the Union Station Plaza. The 2,600 – 4,400 sq ft spaces are available for $8 – 14/sq ft (NNN).

75 Washington Ave – a 1,925 sq ft space in the Nissen Bakery building which is also home to Cong Tu Bot, Drifters/Maine & Loire, Maine Mead Works, Oxbow Brewing and Hardshore Distilling. $18/sq ft (NNN). A hood can’t be installed at this address but it can serve as a food retail space.

Glossary

MG – Modified Gross which indicates that the operating expenses (taxes, insurance, maintenance, etc.) for the property are included in the lease rate. The tenant would pay its own utilities, which sometimes includes heat.

NNN – Triple Net which indicates that operating expenses are not included in the lease rate, and the tenant will pay them separately. They are often referred to as CAM (Common Area Maintenance) charges and taxes, which are expressed as $/sf. The tenant is also responsible for utilities.

Gross – Gross indicates all expenses including utilities are included in the lease rate. The tenant would be responsible for phone and internet access, as well as interior janitorial.

Location, Location, Location: December 2019

Welcome to the December edition of the PFM restaurant and food retail commercial real estate listings. This monthly column gathers in one convenient place spaces available in Portland that could be potential sites for restaurants and food producers/retailers to locate their next business. Finding just the right spot is one of the crucial early challenges in launching a new restaurant, bar, bakery, coffee shop or food retail business and hopefully this new resource will make it a little bit easier.

The listings are organized by neighborhood, and contains square footage, cost, location, background info on prior usage, whether for lease or sale, and a link to the full listing online where you can see all the details. Storefronts that were formerly a restaurant are indicated in the description and those likely already have a hood and grease traps.

Listings that are new or have been updated since last month are flagged with an red asterisks (*).

Feel free to post a comment below or email me at anestes@portlandfoodmap.com if you know of a good one that may have been overlooked.

West End

762 Congress St – this 1,000 sq ft space on the corner of Neal St is available for $22/sq ft.

785 Congress St – a renovated 1,378 sq ft space near Bramhall Square is available for lease for $2,000 per month (MG). It’s located on the same side of the street as Roma Cafe, Quiero and Flood’s. As a West End resident myself I’d love to see a business open in this long vacant space.

*950 Congress St – The Greyhound bus station on Saint John Street is for sale. Offers are due December 19th.

101 York St – a 15,000 sq ft sub-dividable space in the new building on the corner of York and High Street is available for $20/sq ft (NNN). The space already has a hood vent and grease traps installed.

Arts District

11 Brown St – the BRGR Bar location on Brown Street is for lease. The 4,321 turnkey restaurant space is available for $26/sq ft (NNN).

114 Center St –this 10,000 sq ft space off Free Street is for lease at $8-25/sq ft (MG).

480 Congress St – 3,513 – 7,213 sq ft space available for $18.75/sq ft (NNN).

*605 Congress St – The 543 – 1,500 sq ft corner retail space in the State Theater Building is available at $25-35/sq ft (MG).

Bayside

148 Anderson St – this 9,600 sq ft building in East Bayside is located next to Tandem Coffee. The building is divisible with spaces between 2,000 – 9,600 sq ft available for $15-18/sq ft (NNN). The building has a drive-in door and comes with 15-20 parking spaces.

105 Fox St – A 1,950 sq ft space immediately adjacent to Rising Tide is available for $19-21/sq ft (NNN).

*23 Marginal Way – a 1,300 sq ft space in Century Plaza is available for $28/sq ft (NNN).

Old Port

1 Commercial St – the original location of Benkay at the corner of Commercial and India Streets is available. The 2,494 sq ft is for lease at $35/sq ft (NNN).

5 Commercial St – the former Rosemont Market at the corner of Commercial and India Streets is available. The 1,914 sq ft is for lease at $35/sq ft (NNN).

266 Commercial St – 6,689 sq ft of new construction retail space will be available for $20-22/sq ft (NNN).

383 Commercial St – 4 street retail spaces will be available (1,631 – 1,971 sq ft) in a new building under construction at the corner of Maple and Commercial Streets. The building is expected to be finished in the fall of 2020.

400 Commercial St – owner Chris DiMillo plans to renovate the first floor of this building into a restaurant space for lease.

425 Fore St – This is the current address of the Maine Lobster Shack. The 1,548 sq ft turnkey restaurant space is available to lease for $5,795 per month (MG).

17 Free St – this Subterranean space is located in the same building as Sur Lie. The 2,495 sq ft are available for $13/sq ft (NNN).

*40 Free St – A new building is under construction on Free Street. The first floor will have 4/5 storefronts ranging in size from 1,358 to 3,067 sq ft. The construction is expected to be completed in early 2021. The rate is $30/sq ft (NNN).

*48 Free St – Located across the street from Aura and nearby the Cross Arena, this 3,604 sq ft is available for $26/sq ft (MG).

75 Market/157 Middle St – Portland Trading Company has moved around the corner to 83 Market Street which will free up their 2,025 sq ft space for $27.95/sq ft (MG). It’s one of 4 spaces available at this address. In total there’s 1,071 – 6,356 sq ft for lease.

15 Middle St – a 954 sq ft retail space on the first floor of one of the new buildings off of India Street for $27/sq ft (NNN).

1 Monument Square – The owners of 1 Monument Square have a large first floor space available for a restaurant. 4,385 sq ft for lease at $25/sq ft (NNN). You can see some artist sketches of what a restaurant in this spot could look like in the full listing.

15 Monument Square –Others went out of business on September 25th. The 900 sq ft space is available for $3,800/month (MG).

*2 Portland Square – Walter’s closed in 2019 and the 3,219 sq ft turnkey restaurant is available for $28/sq ft (MG).

*47-51 Wharf St – a 1,160-3,500 restaurant space on Wharf Street across from the Independent Ice Company is available for $25-30/sq ft (MG).

India Street

*47 India StTwo Fat Cats is moving to West Bayside this spring, and as a result their location on India Street will be available. The 1-,200 – 2,400 sq ft space is available for $4,000 – 6,000 per month (NNN).

100 Fore St – 2 spaces are available in a new building planned for Fore Street. 1,245 and 2,056 sq ft respectively, $27 – 30/sq ft (NNN).

Forest Ave

449 Forest Ave – a 5,923 sq ft space is available in the Forest Ave Plaza across the street from Rose Foods. It’s listed at $14/sq ft (NNN).

509 Forest Ave – 6,000 sq ft of space near Bow Street Beverage is available for $12.75/sf ft (MG).

1053 Forest Ave – the former Papa John’s on Forest Ave is available, 1,200 sq ft at $18/sq ft (NNN).

1569 Forest Ave – a former gas station on outer Forest Ave is available for $1-99/sq ft (NNN). The building is $1,352 sq ft in size.

Other

*170 Brighton Ave – the former 7-11 building at the corner of Brighton and Saint John Street is for lease. The 2,173 sq ft comes with onsite parking spaces and is listed at 420/sq ft (NNN).

559 Brighton Ave – with Rosemont Market centralizing their kitchen, warehouse and office space in one building the retail space in their original building on Brighton is now available for lease, 3,648 sq ft at $12/sq ft (NNN).

90 Congress St – Lolita went out of business on September 2nd. The fixtures are for sale for $100,000 and the lease for 30-seat 877 sq ft restaurant is $2,700 per month (NNN).

*441 Congress St – The 2,400 sq ft former home of Guitar Grave across the street from 1 Monument Square is available for $20/sq ft.

280 Saint John St – 3 spaces are available in the Union Station Plaza. The 2,600 – 4,400 sq ft spaces are available for $8 – 14/sq ft (NNN).

75 Washington Ave – a 1,925 sq ft space in the Nissen Bakery building which is also home to Cong Tu Bot, Drifters/Maine & Loire, Maine Mead Works, Oxbow Brewing and Hardshore Distilling. $18/sq ft (NNN). A hood can’t be installed at this address but it can serve as a food retail space.

Glossary

MG – Modified Gross which indicates that the operating expenses (taxes, insurance, maintenance, etc.) for the property are included in the lease rate. The tenant would pay its own utilities, which sometimes includes heat.

NNN – Triple Net which indicates that operating expenses are not included in the lease rate, and the tenant will pay them separately. They are often referred to as CAM (Common Area Maintenance) charges and taxes, which are expressed as $/sf. The tenant is also responsible for utilities.

Gross – Gross indicates all expenses including utilities are included in the lease rate. The tenant would be responsible for phone and internet access, as well as interior janitorial.

Location, Location, Location: November 2019

Welcome to the November edition of the PFM restaurant and food retail commercial real estate listings. This monthly column gathers in one convenient place spaces available in Portland that could be potential sites for restaurants and food producers/retailers to locate their next business. Finding just the right spot is one of the crucial early challenges in launching a new restaurant, bar, bakery, coffee shop or food retail business and hopefully this new resource will make it a little bit easier.

The listings are organized by neighborhood, and contains square footage, cost, location, background info on prior usage, whether for lease or sale, and a link to the full listing online where you can see all the details. Storefronts that were formerly a restaurant are indicated in the description and those likely already have a hood and grease traps.

Listings that are new or have been updated since last month are flagged with an red asterisks (*).

Feel free to post a comment below or email me at anestes@portlandfoodmap.com if you know of a good one that may have been overlooked.

West End

*762 Congress St – this 1,000 sq ft space on the corner of Neal St is available for $22/sq ft.

785 Congress St – a renovated 1,378 sq ft space near Bramhall Square is available for lease at $17.42 per sq ft (MG). It’s located on the same side of the street as Roma Cafe, Quiero and Flood’s. As a West End resident myself I’d love to see a business open in this long vacant space.

953 Congress St – the former Rosanna’s at the corner of Saint John and Congress Streets has remained vacant since the ice cream shop closed at the end of February. My understanding is that Dogfish Bar and Grille owner Ted Arcand is the owner of the building.

101 York St – a 15,000 sq ft sub-dividable space in the new building on the corner of York and High Street is available for $20/sq ft (NNN). The space already has a hood vent and grease traps installed.

Arts District

11 Brown St – the BRGR Bar location on Brown Street is for lease. The 4,321 turnkey restaurant space is available for $26/sq ft (NNN).

114 Center St –this 10,000 sq ft space off Free Street is for lease at $8-25/sq ft (MG).

480 Congress St – 3,513 – 7,213 sq ft space available for $26/sq ft (NNN).

645 Congress St – a 1,200 sq ft former market space is available for $2,500/month (MG).

649 Congress St – This is the former Local Sprouts location. Local Sprouts went out of business in late June. The 3,000 sq ft space is available for $18/sq ft (NNN).

Bayside

148 Anderson St – this 9,600 sq ft building in East Bayside is located next to Tandem Coffee. The building is divisible with spaces between 2,000 – 9,600 sq ft available for $15-18/sq ft (NNN). The building has a drive-in door and comes with 15-20 parking spaces.

105 Fox St – A 1,950 sq ft space immediately adjacent to Rising Tide is available for $19-21/sq ft (NNN).

195 Lancaster St – this 3,008 sq ft building is located at the intersection of Lancaster and Elm Streets. It is available for $18/sq ft (NNN).

Old Port

1 Commercial St – the original location of Benkay at the corner of Commercial and India Streets is available. The 2,494 sq ft is for lease at $35/sq ft (NNN).

5 Commercial St – the former Rosemont Market at the corner of Commercial and India Streets is available. The 1,914 sq ft is for lease at $35/sq ft (NNN).

266 Commercial St – 6,689 sq ft of new construction retail space will be available for $20-22/sq ft (NNN).

383 Commercial St – 4 street retail spaces will be available (1,631 – 1,971 sq ft) in a new building under construction at the corner of Maple and Commercial Streets.

400 Commercial St – owner Chris DiMillo plans to renovate the first floor of this building into a restaurant space for lease.

425 Fore St – This is the current address of the Maine Lobster Shack. The 1,548 sq ft turnkey restaurant space is available to lease for $44.92/sq ft (MG).

*17 Free St – this Subterranean space is located in the same building as Sur Lie. The 2,495 sq ft are available for $13/sq ft (NNN).

75 Market/157 Middle St – Portland Trading Company has moved around the corner to 83 Market Street which will free up their 2,025 sq ft space for $27.95/sq ft (MG). It’s one of 4 spaces available at this address. In total there’s 1,071 – 6,356 sq ft for lease.

15 Middle St – a 954 sq ft retail space on the first floor of one of the new buildings off of India Street for $27/sq ft (NNN).

1 Monument Square – The owners of 1 Monument Square have a large first floor space available for a restaurant. 4,385 sq ft for lease at $25/sq ft (NNN). You can see some artist sketches of what a restaurant in this spot could look like in the full listing.

15 Monument Square –Others went out of business on September 25th. The 900 sq ft space is available for $3,800/month (MG).

2 Portland Square – Walter’s closed May 31st and is for sale. The business and equipment are listed for $250k or just the furniture, fixtures and equipment are available for $175k. The current lease which runs through March 2020 is $24.98/sq ft (NNN).

India Street

100 Fore St – 2 spaces are available in a new building planned for Fore Street. 1,245 and 2,056 sq ft respectively, $27 – 30/sq ft (NNN).

Forest Ave

449 Forest Ave – a 5,923 sq ft space is available in the Forest Ave Plaza across the street from Rose Foods. It’s listed at $21/sq ft (NNN).

509 Forest Ave – 6,000 sq ft of space near Bow Street Beverage is available for $12.75/sf ft (MG).

949 Forest Ave – the former Maelily Ryleigh’s is for lease. The 4,185 sq ft restaurant is available at $19/sq ft (NNN).

1053 Forest Ave – the former Papa John’s on Forest Ave is available, 1,200 sq ft at $18/sq ft (NNN).

1569 Forest Ave – a former gas station on outer Forest Ave is available for $1-99/sq ft (NNN). The building is $1,352 sq ft in size.

Other

170 Brighton Ave – the former 7-11 building at the corner of Brighton and Saint John Street is for sale for $550,000. The building is 2,173 sq ft in size and comes with onsite parking spaces.

559 Brighton Ave – with Rosemont Market centralizing their kitchen, warehouse and office space in one building the retail space in their original building on Brighton is now available for lease, 3,648 sq ft at $12/sq ft (NNN).

90 Congress St – Lolita went out of business on September 2nd. The fixtures are for sale for $275,000 and the lease for 30-seat 877 sq ft restaurant is $2,700 (NNN).

431 Congress St – the Mainely Wraps on Congress Street closed earlier this year. The 1,800 sq ft space is now available for $18/sq ft (MG).

280 Saint John St – 3 spaces are available in the Union Station Plaza. The 4,400, 2,600 and 4,004 sq ft spaces are available for $8/sq ft (NNN), $12/sq ft (NNN) and $14/sq ft (NNN) respectively.

75 Washington Ave – a 1,925 sq ft space in the Nissen Bakery building which is also home to Cong Tu Bot, Drifters/Maine & Loire, Maine Mead Works, Oxbow Brewing and Hardshore Distilling. $18/sq ft (NNN). A hood can’t be installed at this address but it can serve as a food retail space.

1041 Washington Ave – years ago this building was the home of Allspeed Cycling. The 1,800 sq ft space is now available for lease at $12/sq ft (NNN).

Glossary

MG – Modified Gross which indicates that the operating expenses (taxes, insurance, maintenance, etc.) for the property are included in the lease rate. The tenant would pay its own utilities, which sometimes includes heat.

NNN – Triple Net which indicates that operating expenses are not included in the lease rate, and the tenant will pay them separately. They are often referred to as CAM (Common Area Maintenance) charges and taxes, which are expressed as $/sf. The tenant is also responsible for utilities.

Gross – Gross indicates all expenses including utilities are included in the lease rate. The tenant would be responsible for phone and internet access, as well as interior janitorial.

Location, Location, Location: October 2019

Welcome to the October edition of the PFM restaurant and food retail commercial real estate listings. This monthly column gathers in one convenient place spaces available in Portland that could be potential sites for restaurants and food producers/retailers to locate their next business. Finding just the right spot is one of the crucial early challenges in launching a new restaurant, bar, bakery, coffee shop or food retail business and hopefully this new resource will make it a little bit easier.

The listings are organized by neighborhood, and contains square footage, cost, location, background info on prior usage, whether for lease or sale, and a link to the full listing online where you can see all the details. Storefronts that were formerly a restaurant are indicated in the description and those likely already have a hood and grease traps.

Listings that are new or have been updated since last month are flagged with an red asterisks (*).

Feel free to post a comment below or email me at anestes@portlandfoodmap.com if you know of a good one that may have been overlooked.

West End

785 Congress St – a renovated 1,378 sq ft space near Bramhall Square is available for lease at $17.42 per sq ft (MG). It’s located on the same side of the street as Roma Cafe, Quiero and Flood’s. As a West End resident myself I’d love to see a business open in this long vacant space.

953 Congress St – the former Rosanna’s at the corner of Saint John and Congress Streets has remained vacant since the ice cream shop closed at the end of February. My understanding is that Dogfish Bar and Grille owner Ted Arcand is the owner of the building.

101 York St – a 5,249 sq ft sub-dividable space in the new building on the corner of York and High Street is available for $20/sq ft (NNN). The space already has a hood vent and grease traps installed.

Arts District

11 Brown St – the BRGR Bar location on Brown Street is for lease. The 4,321 turnkey restaurant space is available for $26/sq ft (NNN).

114 Center St –this 10,000 sq ft space off Free Street is for lease at $8-25/sq ft (MG).

480 Congress St – 3,513 – 7,213 sq ft space available for $26/sq ft (NNN).

645 Congress St – a 1,200 sq ft former market space is available for $2,500/month (MG).

649 Congress St – This is the former Local Sprouts location. Local Sprouts went out of business in late June. The 3,000 sq ft space is available for $18/sq ft (NNN).

360 Cumberland Ave – this 1,000 – 2,000 sq ft is currently the home of the Cumberland Ave Shop. It’s available for lease at $21/sq ft (NNN).

Bayside

148 Anderson St – this 9,600 sq ft building in East Bayside is located next to Tandem Coffee. The building is divisible with spaces between 2,000 – 9,600 sq ft available for $15-18/sq ft (NNN). The building has a drive-in door and comes with 15-20 parking spaces.

105 Fox St – A 1,950 sq ft space immediately adjacent to Rising Tide is available for $19-21/sq ft (NNN).

82 Hanover St – there are a number of units available in the redevelopment of this former Department of Public Works building ranging in size from 1,488 to 7,050 sq ft at $16 – 20/sq ft (NNN).

195 Lancaster St – this 3,008 sq ft building is located at the intersection of Lancaster and Elm Streets. It is available for $18/sq ft (NNN).

Old Port

1 Commercial St – the original location of Benkay at the corner of Commercial and India Streets is available. The 2,494 sq ft is for lease at $35/sq ft (NNN).

5 Commercial St – the former Rosemont Market at the corner of Commercial and India Streets is available. The 1,914 sq ft is for lease at $35/sq ft (NNN).

266 Commercial St – 6,689 sq ft of new construction retail space will be available for $20-22/sq ft (NNN).

383 Commercial St – 4 street retail spaces will be available (1,631 – 1,971 sq ft) in a new building under construction at the corner of Maple and Commercial Streets.

400 Commercial St – owner Chris DiMillo plans to renovate the first floor of this building into a restaurant space for lease.

*425 Fore St – This is the current address of the Maine Lobster Shack. The 1,548 sq ft turnkey restaurant space is available to lease for $44.92/sq ft (MG).

55 Market St – this 3,700 sq ft space on Market Street was formerly occupied by the Big Easy. It’s available for $24/sq ft (NNN).

75 Market/157 Middle St – Portland Trading Company has moved around the corner to 83 Market Street which will free up their 2,025 sq ft space for $27.95/sq ft (MG). It’s one of 4 spaces available at this address. In total there’s 1,071 – 6,356 sq ft for lease.

*15 Middle St – a 954 sq ft retail space on the first floor of one of the new buildings off of India Street for $27/sq ft (NNN).

1 Monument Square – The owners of 1 Monument Square have a large first floor space available for a restaurant. 4,385 sq ft for lease at $25/sq ft (NNN). You can see some artist sketches of what a restaurant in this spot could look like in the full listing.

*15 Monument Square –Others went out of business on September 25th. The 900 sq ft space is available for $3,800/month (MG).

2 Portland Square – Walter’s closed May 31st and is for sale. The business and equipment are listed for $250k or just the furniture, fixtures and equipment are available for $175k. The current lease which runs through March 2020 is $24.98/sq ft (NNN).

India Street

100 Fore St – 2 spaces are available in a new building planned for Fore Street. 1,245 and 2,056 sq ft respectively, $27 – 30/sq ft (NNN).

20 Thames St – a 1,800 sq ft is available for lease just off India Street for $24/sq ft (NNN). Speckled Ax Coffee has leased 1,800 sq ft in this building already.

Forest Ave

449 Forest Ave – a 5,923 sq ft space is available in the Forest Ave Plaza across the street from Rose Foods. It’s listed at $21/sq ft (NNN).

509 Forest Ave – 6,000 sq ft of space near Bow Street Beverage is available for $12.75/sf ft (MG).

949 Forest Ave – the former Maelily Ryleigh’s is for lease. The 4,185 sq ft restaurant is available at $19/sq ft (NNN).

1053 Forest Ave – the former Papa John’s on Forest Ave is available, 1,200 sq ft at $18/sq ft (NNN).

1569 Forest Ave – a former gas station on outer Forest Ave is available for $1-99/sq ft (NNN). The building is $1,352 sq ft in size.

Other

170 Brighton Ave – the former 7-11 building at the corner of Brighton and Saint John Street is for sale for $550,000. The building is 2,173 sq ft in size and comes with onsite parking spaces.

559 Brighton Ave – with Rosemont Market centralizing their kitchen, warehouse and office space in one building the retail space in their original building on Brighton is now available for lease, 3,648 sq ft at $12/sq ft (NNN).

90 Congress St – Lolita went out of business on September 2nd. The fixtures are for sale for $275,000 and the lease for 30-seat 877 sq ft restaurant is $2,700 (NNN).

431 Congress St – the Mainely Wraps on Congress Street closed earlier this year. The 1,800 sq ft space is now available for $18/sq ft (MG).

280 Saint John St – 3 spaces are available in the Union Station Plaza. The 4,400, 2,600 and 4,004 sq ft spaces are available for $8/sq ft (NNN), $12/sq ft (NNN) and $14/sq ft (NNN) respectively.

46 Veranda St – the 600 sq ft building that currently is home to the East Deering location of Union Bagel is for sale for $500,000.

75 Washington Ave – a 1,925 sq ft space in the Nissen Bakery building which is also home to Cong Tu Bot, Drifters/Maine & Loire, Maine Mead Works, Oxbow Brewing and Hardshore Distilling. $18/sq ft (NNN). A hood can’t be installed at this address but it can serve as a food retail space.

*1041 Washington Ave – years ago this building was the home of Allspeed Cycling. The 1,800 sq ft space is now available for lease at $12/sq ft (NNN).

Glossary

MG – Modified Gross which indicates that the operating expenses (taxes, insurance, maintenance, etc.) for the property are included in the lease rate. The tenant would pay its own utilities, which sometimes includes heat.

NNN – Triple Net which indicates that operating expenses are not included in the lease rate, and the tenant will pay them separately. They are often referred to as CAM (Common Area Maintenance) charges and taxes, which are expressed as $/sf. The tenant is also responsible for utilities.

Gross – Gross indicates all expenses including utilities are included in the lease rate. The tenant would be responsible for phone and internet access, as well as interior janitorial.

Location, Location, Location: September 2019

Welcome to the September edition of the PFM restaurant and food retail commercial real estate listings. This monthly column gathers in one convenient place spaces available in Portland that could be potential sites for restaurants and food producers/retailers to locate their next business. Finding just the right spot is one of the crucial early challenges in launching a new restaurant, bar, bakery, coffee shop or food retail business and hopefully this new resource will make it a little bit easier.

The listings are organized by neighborhood, and contains square footage, cost, location, background info on prior usage, whether for lease or sale, and a link to the full listing online where you can see all the details. Storefronts that were formerly a restaurant are indicated in the description and those likely already have a hood and grease traps.

Listings that are new or have been updated since last month are flagged with an red asterisks (*).

Feel free to post a comment below or email me at anestes@portlandfoodmap.com if you know of a good one that may have been overlooked.

West End

785 Congress St – a renovated 1,378 sq ft space near Bramhall Square is available for lease at $17.42 per sq ft (MG). It’s located on the same side of the street as Roma Cafe, Quiero and Flood’s. As a West End resident myself I’d love to see a business open in this long vacant space.

953 Congress St – the former Rosanna’s at the corner of Saint John and Congress Streets has remained vacant since the ice cream shop closed at the end of February. My understanding is that Dogfish Bar and Grille owner Ted Arcand is the owner of the building.

101 York St – a 5,249 sq ft sub-dividable space in the new building on the corner of York and High Street is available for $20/sq ft (NNN). The space already has a hood vent and grease traps installed.

Arts District

*11 Brown St – the BRGR Bar location on Brown Street is for lease. The 4,321 turnkey restaurant space is available for $26/sq ft (NNN).

114 Center St –this 10,000 sq ft space off Free Street is for lease at $8-25/sq ft (MG).

480 Congress St – 3,513 – 7,213 sq ft space available for $26/sq ft (NNN).

645 Congress St – a 1,200 sq ft former market space is available for $2,500/month (MG).

649 Congress St – This is the former Local Sprouts location. Local Sprouts went out of business in late June. The 3,000 sq ft space is available for $18/sq ft (NNN).

360 Cumberland Ave – this 1,000 – 2,000 sq ft is currently the home of the Cumberland Ave Shop. It’s available for lease at $21/sq ft (NNN).

Bayside

148 Anderson St – this 9,600 sq ft building in East Bayside is located next to Tandem Coffee. The building is divisible with spaces between 2,000 – 9,600 sq ft available for $15-18/sq ft (NNN). The building has a drive-in door and comes with 15-20 parking spaces.

*105 Fox St – A 1,950 sq ft space immediately adjacent to Rising Tide is available for $19-21/sq ft (NNN).

82 Hanover St – there are a number of units available in the redevelopment of this former Department of Public Works building ranging in size from 1,488 to 7,050 sq ft at $16 – 20/sq ft (NNN).

195 Lancaster St – this 3,008 sq ft building is located at the intersection of Lancaster and Elm Streets. It is available for $18/sq ft (NNN).

132 Marginal Way – this 2,300 sq ft space is located across the street from Trader Joe’s. It’s available for $23/sq ft (NNN).

Old Port

1 Commercial St – the original location of Benkay at the corner of Commercial and India Streets is available. The 2,494 sq ft is for lease at $35/sq ft (NNN).

5 Commercial St – the former Rosemont Market at the corner of Commercial and India Streets is available. The 1,914 sq ft is for lease at $35/sq ft (NNN).

100 Commercial St – the 1,53 – 3,759 sq ft space formerly occupied by K Colette is available for lease at $24.75 – 37.50/sq ft (MG). It is located in the Thomas Block building which is also home to Solo Italiano.

266 Commercial St – 6,689 sq ft of new construction retail space will be available for $20-22/sq ft (NNN).

383 Commercial St – 4 street retail spaces will be available (1,631 – 1,971 sq ft) in a new building under construction at the corner of Maple and Commercial Streets.

400 Commercial St – owner Chris DiMillo plans to renovate the first floor of this building into a restaurant space for lease.

55 Market St – this 3,700 sq ft space on Market Street was formerly occupied by the Big Easy. It’s available for $24/sq ft (NNN).

75 Market/157 Middle St – Portland Trading Company has moved around the corner to 83 Market Street which will free up their 2,025 sq ft space for $27.95/sq ft (MG). It’s one of 4 spaces available at this address. In total there’s 1,071 – 6,356 sq ft for lease.

1 Monument Square – The owners of 1 Monument Square have a large first floor space available for a restaurant. 4,385 sq ft for lease at $25/sq ft (NNN). You can see some artist sketches of what a restaurant in this spot could look like in the full listing.

2 Portland Square – Walter’s closed May 31st and is for sale. The business and equipment are listed for $250k or just the furniture, fixtures and equipment are available for $175k. The current lease which runs through March 2020 is $24.98/sq ft (NNN).

1 Union Wharf – a 5,608 sq ft space on the first floor of a new building slated for Commercial Street is available for $20.95/sq ft (NNN).

India Street

100 Fore St – 2 spaces are available in a new building planned for Fore Street. 1,245 and 2,056 sq ft respectively, $27 – 30/sq ft (NNN).

20 Thames St – a 1,800 sq ft is available for lease just off India Street for $24/sq ft (NNN). Speckled Ax Coffee has leased 1,800 sq ft in this building already.

Forest Ave

449 Forest Ave – a 5,923 sq ft space is available in the Forest Ave Plaza across the street from Rose Foods. It’s listed at $21/sq ft (NNN).

509 Forest Ave – 6,000 sq ft of space near Bow Street Beverage is available for $12.75/sf ft (MG).

1053 Forest Ave – the former Papa John’s on Forest Ave is available, 1,200 sq ft at $18/sq ft (NNN).

*1569 Forest Ave – a former gas station on outer Forest Ave is available for $1-99/sq ft (NNN). The building is $1,352 sq ft in size.

Other

170 Brighton Ave – the former 7-11 building at the corner of Brighton and Saint John Street is for sale for $550,000. The building is 2,173 sq ft in size and comes with onsite parking spaces.

*559 Brighton Ave – with Rosemont Market centralizing their kitchen, warehouse and office space in one building the retail space in their original building on Brighton is now available for lease, 3,648 sq ft at $12/sq ft (NNN).

90 Congress St – Lolita went out of business on September 2nd. The fixtures are for sale for $275,000 and the lease for 30-seat 877 sq ft restaurant is $2,700 (NNN).

431 Congress St – the Mainely Wraps on Congress Street closed earlier this year. The 1,800 sq ft space is now available for $18/sq ft (MG).

280 Saint John St – 3 spaces are available in the Union Station Plaza. The 4,400, 2,600 and 4,004 sq ft spaces are available for $8/sq ft (NNN), $12/sq ft (NNN) and $14/sq ft (NNN) respectively.

46 Veranda St – the 600 sq ft building that currently is home to the East Deering location of Union Bagel is for sale for $500,000.

75 Washington Ave – a 1,925 sq ft space in the Nissen Bakery building which is also home to Cong Tu Bot, Drifters/Maine & Loire, Maine Mead Works, Oxbow Brewing and Hardshore Distilling. $18/sq ft (NNN). A hood can’t be installed at this address but it can serve as a food retail space.

*98 Washington Ave – the Flying Fox juice bar is going out of business on October 19th and the 625 sq ft space is now available for $1,600/month.

Glossary

MG – Modified Gross which indicates that the operating expenses (taxes, insurance, maintenance, etc.) for the property are included in the lease rate. The tenant would pay its own utilities, which sometimes includes heat.

NNN – Triple Net which indicates that operating expenses are not included in the lease rate, and the tenant will pay them separately. They are often referred to as CAM (Common Area Maintenance) charges and taxes, which are expressed as $/sf. The tenant is also responsible for utilities.

Gross – Gross indicates all expenses including utilities are included in the lease rate. The tenant would be responsible for phone and internet access, as well as interior janitorial.