Restaurants in Broken Arrow, Oklahoma, offer a unique investment opportunity for entrepreneurs and business owners. With a growing population of approximately 110,000 residents, Broken Arrow provides an ideal setting for restaurants to flourish. Restaurants can represent a diverse range of investments, from casual eateries to fine dining establishments, catering to various tastes and preferences. Broken Arrow's amenities, infrastructure, location, education, and geography make it an attractive location for restaurant investments. The city is home to institutions like Northeastern State University and Tulsa Technology Center, ensuring a steady flow of customers. Additionally, Broken Arrow's proximity to major transportation hubs, such as the Broken Arrow Expressway and the Creek Turnpike, makes it easily accessible to customers from surrounding areas. The city's attractions, including the Sunset Amphitheater and the Rose District, also contribute to its appeal as a dining destination. Overall, Broken Arrow's unique blend of small-town charm and suburban convenience makes it an excellent location for restaurants.
Broken Arrow's restaurant scene is part of a larger commercial landscape that includes 8 listings available for sale. The city's economy is diverse, with major employers like FlightSafety International, FedEx Ground, Blue Bell Creameries, and Windstream Communications. In addition to restaurants, Broken Arrow also offers investment opportunities in Apartment Buildings, with their steady income streams and potential for long-term appreciation. Shopping Centers, with their high foot traffic and diverse tenant mixes, are another attractive option. Specialty Properties, such as medical offices and educational facilities, offer unique investment opportunities. Hotels, with their potential for high occupancy rates and revenue generation, round out the range of investment options available in Broken Arrow. Overall, the city's diverse economy and attractive amenities make it an excellent location for businesses and investments of all kinds.
What is the average cost per square foot for a restaurant in Broken Arrow?
In Broken Arrow, the average cost per square foot for a restaurant is $821 USD per square foot, with an average size of 4,539 square feet and a largest size of 10,500 square feet, making it an attractive option for restaurateurs looking to establish a presence in this growing city.
What factors determine the value of a restaurant for sale in Broken Arrow?
When evaluating the value of a restaurant for sale in Broken Arrow, several key factors come into play, including:
- Location, with proximity to major transportation hubs like the Broken Arrow Expressway and Creek Turnpike, as well as access to a large customer base, influencing foot traffic and revenue potential;
- Size and layout, with the average restaurant size in Broken Arrow being 4,539 square feet, and larger spaces like 10,500 square feet commanding higher prices;
- Financial performance, including the average cap rate of 6.65%, which can impact the overall value of the restaurant, as well as the average price per square foot of $821 USD.
