Arvada, Colorado, offers a unique opportunity for investors to capitalize on the city's growing demand for restaurants. With a population of around 120,000, Arvada provides a sizable customer base for restaurants, and its proximity to Denver and Boulder makes it an attractive location for commuters and tourists alike. Restaurants in Arvada can cater to a diverse range of tastes and cuisines, from casual eateries to fine dining establishments. The city's strong infrastructure, including major highways and transportation facilities, ensures easy access to suppliers and customers. Additionally, Arvada's amenities, such as the Arvada Center for the Arts and Humanities and the Olde Town Arvada historic district, make it an attractive destination for visitors and locals alike. With its rich history and strong economy, Arvada is an excellent location for restaurant investors looking to establish a successful business.
Arvada's restaurant scene is complemented by its other commercial properties, including apartment buildings, shopping centers, and specialty properties. The city's apartment buildings offer a range of options for residents, from luxury apartments to affordable housing. Shopping centers in Arvada provide a convenient location for retailers, with easy access to major highways and public transportation. Specialty properties, such as the Cussler Museum rare automobile collection, add to the city's unique character and attract visitors from across the region. Hotels in Arvada cater to the city's growing tourism industry, providing comfortable accommodations for visitors. With its diverse range of commercial properties, Arvada offers investors a unique opportunity to capitalize on the city's growth and development. The city's strong economy, infrastructure, and amenities make it an attractive location for businesses and investors alike, with 5 restaurants for sale currently available.
What is the average cost per square foot for a restaurant in Arvada?
The average cost per square foot for a restaurant in Arvada is $351 USD per square foot, with an average size of 12,806 square feet and a largest size of 52,407 square feet among the 5 available listings.
What factors determine the value of a restaurant for sale in Arvada?
When evaluating the value of a restaurant for sale in Arvada, several key factors come into play, including:
- Location, with proximity to major transportation hubs like Denver International Airport and Interstate 76, as well as foot traffic in popular areas like Olde Town Arvada, contributing to a restaurant's appeal and potential revenue;
- The size and layout of the property, with an average size of 12,806 square feet and a maximum size of 52,407 square feet, influencing the seating capacity, kitchen space, and overall functionality of the restaurant;
- The financial performance of the business, including the average cap rate of 5.6%, which can impact the restaurant's profitability and attractiveness to potential buyers.
