Real Estate

Agave & Rye is expanding, and there’s a high demand for suitable sites. We’re interested in securing prime locations in your area right now! 

Coming soon to a hip town

Near You!

Locations    |    Shell Condition & Tenant Improvement    |    Lease Terms        Site Selection Process     |    Design     |    New Restaurant Development

​Locations:

Where We Build

  • Class A locations.  Prefer second generation space that was formerly a bar/restaurant space.

  • Near dense evening populations, including central business districts, entertainment districts, and stadiums.

  • In retail areas with strong daytime traffic that will stay for a happy hour.

 

Shell

Condition &

Tenant Improvement

  • Size: Occupies approximately 4,000 square feet with flexible floor plans, one can be constructed in a footprint ranging from 3000 - 5000 sq. ft.

  • Exposure: Corner or end-cap location is ideal, will consider in-line or stand alone.

  • Architecture: Building must offer unique or progressive architectural character

  • Ceiling Height: We like high ceilings! Exposed mechanicals/truss system preferred.  

  • HVAC: Suitable for restaurant with kitchen; 1 ton of cooling for every 150 feet is ideal!  Must be able to install commercial range hood at a reasonable cost if not there already.

  • Gas and Waterline/Water Pressure: Needs to be able to service a bar/restaurant of this size.

  • Restrooms: ADA restrooms as required per code to service this use.  An allowance of $30K/per restroom expected if not already in place.

  • Parking: Ideally, 35 dedicated parking spaces (if not a high pedestrian area).  

  • Signage: Must permit A&R signage package. Please look at our other locations to see what we do.

  • Patio: Must allow for outdoor seating/patio space.

  • Any municipal fees, including but not limited to,  tap fees, impact fees, meter fees, and development fees are paid by landlord.

 
 

Lease

 Terms

  • 5-year base term with three 5-year options.

  • Four (4) months minimum free rent period. Four months means four months; open for business or not!

  • Will consider percentage rent.

  • No radius restrictions will be accepted.

  • No personal guarantees will be given.

Site   Selection

Process

We are developing a site acquisition and qualification process incorporating management’s experience as well as extensive data collection, analysis and interpretation. We are actively developing restaurants in both new and existing markets, and we will continue to expand in selected regions throughout the U.S. Please send all potential sites to our Director of Real Estate and Development:

DJ Falcoski dj@djfalcoski.com . He will work with Brokers, Property Managers, Municipalities, etc. who are interested in having us.  

 

  • The key criteria we have for a site is that the population within a three mile radius of the restaurant has a high concentration of our target demographic, which is persons ages 21 to 44 and persons with median income ranges in excess of $60,000 per year that dine out frequently.

 

  • We also prefer locations with high visibility, especially in a new market, and ample surface parking spaces.

 

  • We seek to identify sites that contribute to our “If you’ve seen one A&R you’ve seen one A&R” vision, meaning no two restaurants are alike. As we do not have standardized restaurant requirements with respect to size, location or layout, we are able to be flexible in our real estate selection process.

  • On average, from site identification to opening is about 7 months.

 

Design

   & Construction

We retain our own design and construction team that will take the project from the landlord’s deliverable through opening.

 

New   Restaurant

Development

(so far)

We have opened multiple locations since 2016 and our management believes we are well positioned to continue to grow at a rate of five new openings per year. We currently have three (3) sites under lease/development that will all be opened by third quarter 2020. 

 

Actively looking for sites in the following markets: Indianapolis, Nashville, Asheville, Cincinnati, Memphis, Nashville,  Bowling Green, Chattanooga, whew… Paducah, Morgantown, Pittsburgh, Columbus, Lake Cumberland, Columbia, Huntington, Frankfort. You get the idea. Priority will be given to Lake Cumberland and Nashville areas.

 

Contact Us