Description
The Atlantic Highlands Harbor Commission is seeking a qualified tenant to lease an approximately 20,500‑sq‑ft former casino space that includes a commercial kitchen, multiple event rooms, bars, and parking. The lease is a modified‑gross arrangement with a minimum five‑year term and renewal options, and the successful bidder must submit a detailed operational plan, financial statements, and an annual rent proposal. The opportunity is ideal for businesses that can operate a banquet, catering, or event venue and are prepared to manage all operating expenses and obtain required permits.
• Size & features: 20,525 sq ft facility with kitchen, three event rooms, bar areas, dance floor, and parking.
• Lease terms: Minimum 5‑year modified‑gross lease; rent to be proposed by the bidder; two‑month security deposit required.
• Submission requirements: Paper copy + USB, sealed bid marked “BID,” financial statements, projected cash flows, and references due by 17 Feb 2026.
• Evaluation criteria: Experience, operational plan, rent amount, financial capability, vision/fit, and references (total 100 points).