Corpus Christi, Texas, is an attractive location for investors seeking to purchase a restaurant, with its rich history, diverse economy, and strong tourism industry. Restaurants in Corpus Christi offer a unique blend of investment opportunities, ranging from casual eateries to fine dining establishments, and from family-owned businesses to franchises. With a population of over 300,000 residents, Corpus Christi provides a sizable customer base for restaurants, supported by its strong infrastructure, including Corpus Christi International Airport, Interstate 37, and Texas State Highway 44. The city's amenities, such as the Texas State Aquarium, the USS Lexington Museum on the Bay, and various museums and cultural institutions, make it an attractive destination for visitors and locals alike. Additionally, Corpus Christi is home to Texas A&M University-Corpus Christi, Del Mar College, and other higher education institutions, providing a steady stream of potential customers. With 7 restaurants for sale in Corpus Christi, investors have a wide range of options to choose from.
Corpus Christi's restaurant scene is part of a larger commercial landscape, which includes apartment buildings, shopping centers, specialty properties, and hotels. The city's apartment buildings offer a range of residential options, from luxury complexes to affordable housing. Shopping centers, such as those found along South Padre Island Drive, provide a variety of retail spaces for businesses. Specialty properties, like the Corpus Christi Marina Arts District, offer unique opportunities for investors. Meanwhile, hotels, such as the Omni Corpus Christi Hotel, cater to the city's tourism industry. With its diverse economy and strong infrastructure, Corpus Christi provides a solid foundation for businesses to thrive. Whether you're looking to invest in a restaurant or another type of commercial property, Corpus Christi has something to offer.
What is the average cost per square foot for a restaurant in Corpus Christi?
The average cost per square foot for a restaurant in Corpus Christi is $369 USD per square feet, with an average size of 7,788 square feet and a largest size of 24,560 square feet, among the 7 available listings of restaurants for sale in the area.
What factors determine the value of a restaurant for sale in Corpus Christi?
The value of a restaurant for sale in Corpus Christi is determined by several factors, including:
- Location, with proximity to popular attractions like the Texas State Aquarium and USS Lexington Museum on the Bay, and accessibility to major roads like Interstate 37 and Texas State Highway 44, impacting foot traffic and customer base;
- Size and layout, with an average size of 7,788 square feet and a maximum size of 24,560 square feet, affecting seating capacity, kitchen space, and overall functionality;
- Financial performance, including the average price per square foot of $369 USD and an average cap rate of 5.7%, influencing the restaurant's profitability and return on investment.
With 7 available listings of restaurants for sale in Corpus Christi, understanding these factors is crucial for buyers and sellers to determine a fair market value.
