![]() ![]() Connect and follow Phill on Social Media at. Phill applies over 21 years of experience in the Real Estate industry helping investors and owners maximize their returns.īookmark to learn more about the Commercial Real Estate market and keep informed of relevant real estate strategies designed to maximize your income property investment results. (CPI) in Scottsdale, Arizona, and owner of the Leveraged CRE Investment Team specializing in investment sales and tenant/landlord representation in the Phoenix and Scottsdale submarkets. Phill Tomlinson is a commercial real estate broker with Commercial Properties, Inc. Need help on how to get started investing in commercial real estate? We got you covered! We prepared a free e-book that will serve as your guide to achieve your long-term business goals or obtain that property you’ve always been dreaming of! The tenant NDM Restaurants, Limited Company is a wholly owned subsidiary of Meridian Restaurants Unlimited, Limited Company. Today, Meridian now has 127 restaurants consisting of four top-tier brands across eleven states: Burger King, El Pollo Loco, Chili's, and Black Bear Diner. Meridian Restaurants was founded in 2002 with 14 restaurants. 1420 Market Place Drive Guarabtor: MERIDIAN RESTAURANTS In 2017, Nation's Restaurant News highlighted the brand as a "disruptor" in the family dining market, noting market share gains against numerous legacy brands, while Franchise Times ranked it as #242 on its Next 300 Franchises to Watch in 2017 list. Black Bear Diner has approximately 124 locations in 12 states, including Arizona, California, Colorado, Idaho, Oregon, Texas, and Washington. Born from a desire to bring home-style comfort food classics and personal service back to the dining experience, the brand is strategically growing its national footprint. The Cap Rate was 6.8% with an NOI of $227,812.50.īlack Bear Diner is a fast-growing, community-oriented, family dining concept that offers great food in a fun, bear-themed atmosphere. It was built in 2007 with 7,365 square feet. This Retail Commercial Building was an Absolute Net Investment. ![]() LCRE Investment Team is proud to have exclusively represented the Buyer, 52nd Street, a Joint Venture, in the purchase of a Black Bear Diner located at 1420 Market Place Drive, Great Falls MT 59404. Select your local diner for information on pick-up and delivery availability. Pre-orders begin 12/21 for Christmas Eve and 12/22 for Christmas Day. Black Bear Diner currently has nine operating locations in Texas, with the majority of its diners in the suburbs of Houston. Have you made holiday dinner plans Our 3-course dinners and Holiday Family Meals TO GO will be available for two days of Christmas Joy on Christmas Eve and Christmas Day. To learn more, we encourage you to contact. Profitability will depend on the franchisee’s ability to manage the day-to-day operations and finances, as well as factors specific to each location, such as occupancy, minimum wage/labor costs, and local utilities. With those signature themes, along with the signature bear sculptures that can be seen at every location, the diner is set to open its 100th restaurant this year.LCRE REPRESENTS THE INVESTMENT SALE OF BLACK BEAR DINER AT 1420 MARKET PLACE DRIVE, GREAT FALLS, MT Plans are also underway to open Black Bear Diner locations in McAllen along the state’s southern border, Mesquite and Fort Worth both outside of Dallas, and Harker Heights north of Austin, by the end of October. Black Bear Diner provides financial performance information in Item 19 of our FDD. “Plenty of people enjoy our sweet cream pancakes at 8 p.m.,” Johnson said, adding that the pancake recipe, while extremely popular, is proprietary.Ĭome hungry because homestyle cooking and big portion sizes have been themes at Black Bear Diner since it first opened in Mt. Available for pickup starting Friday, December 24 at 11 a.m. On Wednesday, December 22 for Christmas Day. PRE-ORDER: On Tuesday, December 21 for Christmas Eve Day. Add a whole pumpkin pie to complete the experience (sold separately). With sweet cream pancakes, thick-cut bacon and fresh-squeezed orange juice to boot, there’s little wonder that the breakfast menu has some of Black Bear Diner’s most popular items. Choose a Roasted Turkey or Holiday Ham Family Meal TO GO. “The whole idea is to make things homey and comfortable for our guests,” said Jolisa Johnson, Black Bear Diner director.īlack Bear Diner has a different menu for all three meals of the day, but breakfast is served as long as the “Open” sign stays lit. IDAHO FALLS - With its log-cabin feel and custom bear carvings and murals, the Black Bear Diner feels like a home away from home. ![]()
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