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Former sports bar space is leased again

Vacant only three months, the space has found a new tenant

Posted: May 6, 2013 11:40 a.m.
Updated: May 6, 2013 11:40 a.m.

An Irish-themed sports pub, Beef O'Brady's, is taking over the space formerly occupied by Game Day on The Old Road.

 

An Irish-themed sports pub is coming to Santa Clarita, moving into the space vacated by Game Day Sports Grille & Bar on The Old Road when it closed for business Jan. 7, 2013.

“We just signed the lease on Monday,” said John Cserkuti, senior vice president with NAI Capital.

A franchise-based rest-aurant, Beef O’Brady’s, is expected to open for business within 90 days, he said.

The franchisee is reportedly a local resident who owns and operates other restaurants. Beef O’Brady’s headquarters is in Tampa, Florida.

The new owner is taking over 7,665 square feet of space and the 10-year lease is valued at $2,005,300, Cserkuti said. The owner is also purchasing the liquor license from the prior tenant.

The building underwent a lot of renovation before Game Day opened, pretty much leaving the building “show ready,” or in move-in condition, he said. The new tenant only needs to make cosmetic changes so that the restaurant fits Beef O’Brady’s Irish theme.

“The ownership put in over $1.5 million in a gut renovation,” Cserkuti said. They replaced all the plumbing and upgraded all the restrooms. The place is in great condition.”

The site, which sits alongside nothing but other restaurants, attracted a decent amount of interest, he said.
“Hooters wanted the site really bad,” Cserkuti said. “But the CC&R’s made that (deal) tough.”

The Valencia office of NAI Capital also closed on two other retail locations.

Baskin-Robbins is leasing 1,200 square feet of space in the shopping center on Bouquet Canyon Road and Newhall Ranch, home to the Vons grocery store.

The value of the lease transaction was $643,800.

“This is a different operator opening up this Baskin-Robbins,” Cserkuti said. “They’re taking the space next door to where the old shop was located.”

The operators of the former ice cream shop chain opted not to renew their lease, he said.

The deal closed March 15, and Cserkuti expects the ice cream shop to open in 90 to 120 days, depending on permits and construction.

The commercial realty firm also leased 1,000 square feet of space to Milkshake Mania, in the shopping center on Newhall Ranch Road and Dickason Drive, Cserkuti said.

“The transaction closed in March but the new business didn’t take possession until April 1,” he said. “Utopia Comics used to be in the space but needed to vacate first.”

The value of the lease transaction was $127,419.

 

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