Stadtquartier Killesberghöhe, Stuttgart – Successfully Let After Two Insolvencies
August 2026 · Northern Stuttgart
In August 2026, Absolut Gastronomie Immobilien successfully re-let a restaurant space of approximately 670 sqm in the Stadtquartier Killesberghöhe in northern Stuttgart, Germany – at a location where two previous tenants had gone insolvent. The space offers 150 indoor and 69 outdoor seats and has been leased to a southern German restaurant group operating several established venues.
The starting point
One of the largest restaurant spaces currently available on the Stuttgart market, in a premium mixed-use location combining retail, offices, services and high-quality residential within the same district. Technically the space was fully prepared: a grease exhaust system rated at 12,500 m³/h, a 120 kW power connection, a grease separator and a bar.
And still: two operators had failed at this location before us. That history weighed on the property. Anyone looking at such a track record asks the uncomfortable question first – why should it work the third time round?
The real work: convincing both sides
A space with a history is not let through a listing. It is let through two conversations that have to run in parallel.
On the owner's side, the task was to develop terms that give a new business a viable start. Charging the same rent as before, after two insolvencies, reliably produces the third one. The solution was a stepped lease: a lower burden during the ramp-up phase, while the operator is investing and building an audience, followed by a predictable increase once the location performs. The owner secures a stable long-term tenant instead of a high figure on paper.
On the operator's side, the task was not to talk the property up but to assess it correctly: what is genuine substance – the technical fit-out, the district footfall, the transport links, the outdoor area – and what was a concept error on the part of the predecessors. A location rarely fails on its own. It fails because of a concept that does not suit it.
Why a specialist broker makes the difference
Three things a generalist cannot deliver in this situation.
First, the network: the right operator for 670 sqm of casual dining in northern Stuttgart is not browsing property portals. They are reached through long-standing access to restaurateurs, chain restaurant operators and franchise groups across southern Germany – and through the channels this audience actually uses.
Second, the right arguments: an experienced restaurateur weighs different points than square metres – existing kitchen infrastructure as saved investment, no commission for the tenant, no key money, and footfall generated by four different uses within the same district. Those arguments have to be known and evidenced.
Third, applicant due diligence: before any recommendation reaches the owner, there is a structured applicant dossier – commercial register and shareholder structure, insolvency check, online reputation across all locations, a concept match against the landlord's requirements, and a documentation checklist leading up to the contract decision. The owner decides on facts, not on a good feeling.
The outcome
The space has been leased to a southern German restaurant group running several successful venues in Bavaria and Baden-Württemberg. The concept matches the owner's requirements precisely: high-volume, guest-oriented, with its own bar – and no fine dining. Across several locations and over a number of years, the group's venues achieve guest ratings of 4.6 to 4.7 out of 5, in some cases based on more than 1,000 reviews.
Exactly what a space with this history needs: an operator who has already proven it elsewhere.
We are not naming the concept or the brand at this point – that is the new operator's announcement to make. Only this much: northern Stuttgart is getting something it has not seen in this form before. Stay tuned.