Lolita Restaurant on Munjoy Hill

Retail-Commercial for Lease
Lease Pending
Catylist Listing ID: 30493854
Property Subtypes: Restaurant
Status: Pending
Contiguous Space: 877 SF
Building Size (RSF): 877 SF
Lease Rate: $2,700 (Monthly)
$36.94 PSF (Annual)
Lease Types: NNN
Usable Size (USF): 877 SF
Last Updated: 9/21/2020

Overview / Comments

FF&E $25,000
Turnkey operation to lease a 30-plus seat restaurant space in the heart of Munjoy Hill. Tenant would pay a fixture fee of $100,000 (see attachment for list of included items) and $2700 NNN 5-year lease with 3% annual bumps for a 5-year term plus renewal options. Note: real estate taxes are included in the CAM/Rent

For showings and more information, contact John Golden 207-838-1667 or email

Expand All Available Space

Suite: 2 877 SF $2,700 (Monthly) NNN
Level/Floor: 1
Status: Pending
Space Available: 877 SF
Lease Rate: $2,700 (Monthly)
$36.94 PSF (Annual)
Lease Type: NNN
Date Available: 9/5/2019
Space Type: Relet
Tax Expenses $4,032 PSF (Annual)

Additional Details

Nearest MSA: Portland-South Portland
County: Cumberland
Tax ID/APN: 016-A-006002
Zoning: B-1
Retail Clientele: General, Family, Business, Traveler, Tourist, Recreation
Property Visibility: Excellent
Tenancy: Single Tenant
Number of Stories: 1
Typical SF / Floor: 877 SF
Property Condition: Excellent
Year Built: 1972
Year Renovated: 2014
Lot Frontage: 25 feet

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 12,012 72,995 114,596
Median Age: 33.67 37.87 39.33
Households: 5,851 34,366 51,266
The information presented herein is provided as is, without warranty of any kind. Neither New England Commercial Property Exchange nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.