Beaverton, Oregon, is an attractive destination for investors seeking to own a restaurant, with 3 listings available for sale. Restaurants in Beaverton offer a unique opportunity to tap into the city's growing population of approximately 100,000 residents, who are drawn to the area's rich history, cultural attractions, and outdoor recreational activities. As a restaurant owner in Beaverton, you can capitalize on the city's strong economy, which is driven by major industries such as technology and food processing. The city's infrastructure, including its transportation system, amenities, and educational institutions, make it an ideal location for businesses to thrive. For instance, the city is home to Portland Community College, which provides a steady stream of potential customers. Additionally, Beaverton's proximity to Portland and its surrounding neighborhoods, such as Central Beaverton and Denney Whitford, offer a diverse customer base.
Beaverton's restaurant scene is diverse and growing, with a range of cuisines and dining options available. The city's restaurants benefit from its location, which offers easy access to major transportation hubs, including the Beaverton Transit Center and Sunset Transit Center. In addition to restaurants, Beaverton is also home to a range of other commercial properties, including apartment buildings, shopping centers, and specialty properties. The city's hotels, such as those near the Patricia Reser Center for the Arts, cater to tourists and business travelers alike. With its strong economy, diverse population, and range of amenities, Beaverton is an attractive destination for investors seeking to own a restaurant or other commercial property.
What is the average cost per square foot for a restaurant in Beaverton?
For those looking to invest in the culinary scene, Beaverton offers a range of restaurant opportunities, with an average cost per square foot of $596 USD and an average size of 6,408 square feet, providing a solid foundation for entrepreneurs to establish their presence in this growing market.
What factors determine the value of a restaurant for sale in Beaverton?
When evaluating the value of a restaurant for sale in Beaverton, several key factors come into play, including:
- Location, with proximity to major transportation hubs like the Beaverton Transit Center and Sunset Transit Center, as well as accessibility to nearby neighborhoods and commercial areas, playing a significant role in determining value.
- The restaurant's size, with an average size of 6,408 square feet, and a maximum size of 8,100 square feet, impacting its capacity and potential revenue.
- The restaurant's financial performance, including its average price per square foot of $596 USD, average cap rate of 5.75%, and overall profitability, which can significantly influence its value.
