View Single Post
Old 07-25-2008, 09:30 AM   #37
chipj29
Senior Member
 
chipj29's Avatar
 
Join Date: Apr 2004
Location: Bow
Posts: 1,874
Thanks: 521
Thanked 308 Times in 162 Posts
Default

Quote:
Originally Posted by VitaBene View Post
I doubt you will see a restaurant in there any time soon given the price of the property- the nut on that with no renovations will be $ 10K/month minimum. I can't imagine carrying that seasonally (pretty much) in this market, docks or not. There is a reason 50 people have looked and none have pulled the trigger!
You might be surprised. $10k/month is a drop in the bucket for a big chain. I know of one chain restaurant in Concord that pays at least that much to lease their site. Of course they are pulling in $60k/month at least...
chipj29 is offline   Reply With Quote