Restaurant for Lease

Pricing

• •Rent: $10,404/mo ($1.75/SF)
• •NNN: about $1,372/mo ($0.23/SF)
• •Restaurant equipment may be purchased or financed separately

Overview

Rare opportunity to lease a fully equipped, freestanding restaurant building in a high-traffic Springfield corridor. Located at 1807 Olympic Street (Hole in the Wall BBQ), this ±5,945 SF facility offers seating for approximately 120 guests, a separate bar area, and licensing for Oregon Lottery, making it ideal for a full-service restaurant, sports bar, or hospitality concept. The property features strong street presence and excellent accessibility, with more than 40 on-site parking spaces and daily traffic counts exceeding 12,000 vehicles. The kitchen is fully built out and may be purchased or financed separately, allowing a new operator to open quickly with minimal startup time and capital investment. Property highlights: ±5,945 SF freestanding restaurant building; separate bar area and Oregon Lottery license; fully equipped kitchen (equipment available separately); 40+ on-site parking spaces; traffic counts exceed 12,000 vehicles per day; strong visibility and established restaurant location; lease rate $1.75/SF NNN (est. NNN $0.23/SF).