Citrus Heights, California, offers a unique opportunity for investors to purchase restaurants for sale, with a diverse range of options available. Restaurants in Citrus Heights can represent a variety of investments, from casual eateries to fine dining establishments, and can cater to a range of tastes and preferences. The city's amenities, including the Citrus Heights Community Center, Rusch Park, and Tempo Park, make it an attractive location for businesses that rely on foot traffic and community engagement. Additionally, Citrus Heights' location near major freeways and highways, including Interstate 80 and Interstate 5, provides easy access to transportation options and a convenient commute for employees and customers. The city's climate, characterized by mild winters and hot, dry summers, also makes it an attractive location for outdoor dining and events. With a population of approximately 90,000 people, Citrus Heights offers a sizable customer base for restaurants, and its proximity to Sacramento International Airport and Amtrak rail transportation in Roseville makes it an attractive location for businesses that cater to travelers and commuters.
Citrus Heights is home to a range of restaurants, from casual eateries to fine dining establishments, and offers a unique opportunity for investors to purchase a restaurant for sale. The city's retail sector is a significant contributor to the local economy, with Sunrise Mall and several shopping centers and big-box stores providing employment opportunities and driving economic activity. Apartment buildings in Citrus Heights offer a range of options for residents, from affordable housing to luxury apartments, and can provide a steady stream of customers for local restaurants. Shopping centers in the city, such as Sunrise Mall, offer a range of retail options and can provide a convenient location for restaurants and other businesses. Specialty properties, such as office buildings and medical facilities, can also be found in Citrus Heights, and can provide a range of services and amenities to the local community. Hotels in the area, such as those located near Interstate 80 and Interstate 5, can provide a convenient location for travelers and commuters, and can offer a range of amenities and services to guests. With a range of property types available, Citrus Heights offers a unique opportunity for investors to purchase a restaurant for sale and establish a successful business in a growing and diverse community.
What is the average cost per square foot for a restaurant in Citrus Heights?
The average cost per square foot for a restaurant in Citrus Heights is $1,019 USD per square foot, with an average size of 7,285 square feet and a largest size available of 13,680 square feet, making it an attractive option for restaurateurs looking to establish a presence in this city of around 90,000 residents.
What factors determine the value of a restaurant for sale in Citrus Heights?
When evaluating the value of a restaurant for sale in Citrus Heights, several key factors come into play, including:
- Location, with proximity to major highways and transportation hubs like Interstate 80, Interstate 5, and Sacramento International Airport being highly desirable;
- Size and layout, with an average size of 7,285 square feet and a maximum size of 13,680 square feet, as well as the ability to accommodate a certain number of patrons and staff;
- Financial performance, including the average price per square foot of $1,019 USD and an average cap rate of 6.5%, which can impact the overall value of the restaurant.
