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8777 B 1st Ave., Fully Built Out RESTAURANT – For Lease Silver Spring, Md. 20910 Space: This +/- 1,397 s.f. space contains a fully built out restaurant space for lease. The kitchen contains a +/- 4’ x 10’ hood system, 3 compartment sink, quarry tile floor, hand sink and all the equipment from the current operator. The customer area has seating for +/- 40 people with various types of seating and has tile floors throughout. There is an accessible bathroom, office and storage room with a utility sink. The storage room is all plumbed out for a 2nd bathroom as well. The customer area has high drop ceilings and the front facade is all glass which provides great natural light. There is an accessible ramp for the front door and central HVAC for the space. This is a direct lease with the building owner. Rental Rate: $4,400 per month or best offer, plus utilities. Furniture & Equipment: Landlord is looking for the highest acceptable price and best terms for the furniture and equipment structured so that the new tenant will have complete use of this equipment and ownership will fully transfer after tenant has made its 60th rental payment. Asking $70,000 or best offer for all furniture and equipment. Payment could be all cash upon lease execution or initial lump sum payment with balance paid monthly over the initial 60 months at a market interest rate, negotiable.
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