site selection criteria - miller's ale house · joe daniels, director, real estate...
TRANSCRIPT
Miller’s Ale House first opened in Jupiter, FL and now has restaurants in 13 states. We are actively seeking new opportunities in existing and nearby markets in the highlighted areas on the map. Prime regional locations that minimize impact to existing locations. Prefer free-standing, but will consider non-traditional opportunities such as conversions and dominant endcaps.
SITE SELECTION CRITERIA®
TRADE AREA/MARKET GUIDELINES• Minimum of 100,000 people within 15 minute
drive time• Dense Daytime population within 3 miles• Median HH income: $60,000/5 miles• Traffic Counts near proposed site:
30,000 ADT
SITE/BUILDING• Land needs: 2.0 acres+/-• Parking needs: 125-150
(may include cross parking)• Gross Bldg. Square Footage:
6300-7200 sq. ft.• Seating: Interior: 239 / Exterior: 44• Patio: 1006 sq. ft. • Building Height: 22 1/2 ft. Tower: 26 ft.
TERMS• Base Rent: Negotiable• Ownership: Ground Lease• CAM/Taxes/Ins: Negotiable with cap and
audit rights• Lease Initial Terms: 10 years• Lease Renewal options: Four (4) 5-year
options
CONTACT US If you have a location that meets our criteria, we would like to hear from you. Southeast Region: Chuck Arnott, VP of Real Estate404-307-3962 • [email protected] Region: Joe Daniels, Director, Real Estate215-527-9036 • [email protected]
You may also submit your proposed site to: [email protected]
House Rules:
There’s always a seat at our table.
Eat. Drink. Stay awhile.Great Food, Great Value. 75 Kinds of Cold Brews.