Broadway’s The Hornet is listed for sale, and its space for lease
The Hornet a -year-old restaurant along Broadway appears at liability of flying off The square feet occupied by the eatery was listed for lease last week according to an online listing Separately the business also has been for sale for the past several months according to a marketing brochure obtained by BusinessDen The listings come as the business has a new landlord The building sold for the first time in years at the end of May I have had discussions with the new property owners but at this time I am unable to comment any further Hornet owner Sean Workman commented in an email to BusinessDen The restaurant has two years left on its lease with the option to renew for five more John Livaditis of Axio Commercial Real Estate who has been marketing the business for sale declined to comment Broker Paul Cattin has the lease listing at his own firm Platinum CRE The space is listed for per square foot or per month not including taxes insurance or other building expenses The property s latest sale could consequence in higher property taxes which are passed on to tenants Cattin disclosed the goal is to keep the Hornet alive or at least keep the space occupied by a restaurant He disclosed Workman has become tired of the increasing costs of operating in the Mile High City The ideal scenario is the Hornet would stay Ultimately it s just a matter of somebody else taking the reins to give it chosen renewed resource in that regard he disclosed The new landlord N Broadway LLC purchased the property for million in May One of the people behind that entity Tyrone Rocque advised BusinessDen at the time that the restaurant at First Avenue and Broadway was a big part of the deal Related Articles Nichols Shorenstein sell Platte Street office to betting firm for M Construction begins on -unit multifamily maturation in Denver s River North Art District A massive -foot-tall observation tower has been proposed in downtown Denver Marston Park Plaza retail center in Littleton sells for million Distressed Aurora office complex sells at auction for M We demanded what was on the first floor we really yearned The Hornet Rocque noted then Rocque declined to comment Friday Also for lease in the listing are two of the offices on the building s second floor at about and a square foot Both spaces are under square feet Subscribe to our new food newsletter Stuffed to get Denver food and drink news sent straight to your inbox
