how much to charge a restaurant for outdoor seating area per square foot

In Leasing Property - Asked by rich g. - Mar 2, 2012
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Answer(s)

David B.
Owner/Investor
Woonsocket, RI

You may want to consider a rate based on number of seats, not square foot, as the restauranteur may be limited to the number of outdoor seats he can provide. That said, consider the current lease rate for indoor restaurant space, on a per seat of occupancy basis, and consider that rent for outdoor seating may be a fraction of indoor seating. Depending on your locale, the discount to indoor space will range widely, I would imagine.

Mar 2, 2012
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Chris R.
Broker/Agent
Denton, TX

You may also consider accomodating the restaurant from a vantage point that with additional outdoor seating - the restaurant may can attract additional business and be more successful and be a more stable tenant. Just depending on the property, other tenants, etc. Some good will may go a long way to keeping a tenant happy and successful and thus profitable and able to continue to pay the rent and renew their lease time and again.

Mar 15, 2012
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