Leasing Restaurant and Lounge Space - RCB = Restaurants/Cafes/Bars
Restaurants - Cafes - Bars fall under the **Retail Asset Class** in the 4 main classes types in Commercial Real Estate. 

RCB's **requirements (a specific type of need for a space)** are very interesting and require a lot of Due Diligence. From confirming the zoning to understanding if the opportunity includes a business for Lease or just the space for Lease. 

**Restaurants** require "HOODS" for cooking, drainage, grease traps, freezers, liquor licenses and more.

**Café** with simple foods require no hoods but sufficient running water, drainage, etc.

**Bars** require Liquor License Permits which relate to **zoning** and hours of operation., security measure on premises, etc.

As real estate professionals in commercial leasing we look at each transaction with two point of views (POV)

**1. From a Tenant Representative point of view.** Needing to understand your client's requirements, and putting them first. We also understand what the Landlord needs and wants to get the deal done by doing our Due Diligence.

**2. From a Landlord Representative point of view.** Understanding that although the Tenant may want the space / property......YOUR ABSOLUTE MAIN FOCUS AND LOYALTY is to the the properties Ownership and their best interests.

No matter what type of RCB requirement you are working with here are 4 things you must understand and take note of as a Real Estate Professional in Commercial Real Estate:

1. Understand the area where the space is located. Read more about the market. Understand the "city's" view of the area. Understand the "neighborhood" view of the particular property or space. Does the location have a bad reputation that only the residents in a 3 block radius know?

2. Find out more about the Landlord / Property Owner.

*Where does the Landlord live? Was this property an investment play for them or did they actually operate the space at one time?*

3. Research Zoning Laws and Restrictions. *Check out your local commercial zoning information on your city/county/town website. Zoning is so important.*

4. Understand the Nuisance Laws and Regulations for the property/area.

Leasing is the low hanging fruit of commercial real estate. It is the easiest barrier of entry into commercial real estate, but it is the most guarded. There are many books on multi - family and land investing and house flipping. There are lots of articles on being a developer or an investor, but not much in how to do commercial leasing on different property types and deal segments.

The Due Diligence part contributes to the LONG TERM GAME of playing commercial real estate Monopoly in real life.

&amp;#x200B;

Thank you.

The Best is Yet to Come,

\-DK
[{"id": "ihs0nem", "text": "We're seeing a surge, I mean an explosion, in food trucks. Where do they fit in your classification system? Are they considered commercial real estate?", "replies": [{"id": "ihsizqz", "text": "Irrelevant \n\nRestaurants own food trucks for catering and side gigs. One doesn't exclude the other. \n\nFood trucks are great at events. Otherwise food trucks offer overpriced food in small portions with no service and bad ambiance. \n\nI don't know where you are but I feel like the food truck marker is reasonably saturated in my market.", "replies": [], "depth": 2}], "depth": 1}]