<body><div><img src="https://img.particlenews.com/image.php?type=thumbnail_580x000&amp;url=2AzoWh_0oycdJ5H00" alt="https://img.particlenews.com/image.php?url=2AzoWh_0oycdJ5H00" width="1600" height="900" >A new buzz is surrounding The Bee’s Knees. The site of the former popular downtown Augusta restaurant at 215 10th St. is now being offered up for sale after part of the property has been available for lease since March. Two restaurants, Manny’s Off Broad and Lenox on 10th, currently occupy the address. The businesses sits across 10th Street from restaurant Tacocat and art studio/gallery Tire City Potters. The available property also includes three upper-floor apartments. The entire property comprises more than 9,000 square feet. <nbtemplate data-id="AdPlaceholder" data-content="JTdCJTdE"></nbtemplate>The investment opportunity is “compelling,” according to John Eckley, vice president with the Finem Group at Meybohm Commercial. Part of the space is under a new triple-net lease, an agreement in which the tenant is responsible for costs of rent, utilities, maintenance, insurance and real-estate taxes. Investors who prefer NNN leases have pointed out the steady, low-risk income that such properties often provide. Augusta Eats:<a href="https://www.augustachronicle.com/story/entertainment/dining/restaurant-reviews/2023/10/05/come-for-traditional-mexican-food-but-stay-for-the-handmade-desserts-la-michoacana-ice-cream-paletas/71061907007/">Sample Mexican menu or skip to array of Mexican desserts on Washington Road</a>“With a new five-year NNN lease for one of the restaurant spaces, featuring 4% annual increases, and another restaurant space with 1.5 years left on its lease, offering 5% annual increases, it is primed for investors seeking immediate returns,” Eckley said. “The residential units above provide additional revenue streams, with two fully furnished apartments, one being a sought-after Airbnb location and the others hosting long-term tenants.” <nbtemplate data-id="AdPlaceholder" data-content="JTdCJTdE"></nbtemplate>Eric and Kristi Kinlaw opened Bee's Knees in 2002 at the forefront of downtown Augusta’s growing restaurant scene. The Kinlaws opened an adjacent taproom in 2015. The COVID-19 pandemic closed both establishments in 2020, but the Kinlaws reopened both the following year with Bee's Knees downsized to a coffeeshop and bakery, and The Hive re-emerging as a specialty bodega. The Bee’s Knees closed in November 2022. </div></body>

Mountain View, CA

A new buzz is surrounding The Bee’s Knees. The site of the former popular downtown Augusta restaurant at 215 10th St. is now being offered up for sale after part of the property has been available for lease since March. Two restaurants, Manny’s Off Broad and Lenox on 10th,...