Fremont, California, a city in Alameda County, offers a unique opportunity for investors to capitalize on the growing demand for restaurants. With a population of approximately 230,000, Fremont is an attractive location for restaurants, providing a diverse customer base and a strong presence in the tech industry. Restaurants in Fremont can represent a variety of investments, from casual eateries to fine dining establishments, catering to the diverse tastes and preferences of the local community. Fremont's amenities, infrastructure, location, education, and geography make it an ideal place to invest in a restaurant. The city is home to top-notch institutions like Ohlone College and the University of Phoenix Bay Area Campus, ensuring a steady stream of customers. Additionally, Fremont's proximity to Silicon Valley and its strong presence in the tech industry make it an attractive location for restaurants that cater to the tech crowd. Notable companies like Antec Inc, Corsair Gaming, and Seagate Technology have a presence in Fremont, providing a potential customer base for restaurants. The city's cultural and recreational attractions, such as Fremont Central Park and Lake Elizabeth, Ardenwood Historic Farm, and the Niles Essanay Silent Film Museum, also make it an attractive location for restaurants that want to capitalize on the local tourism industry.
With 3 restaurants for sale in Fremont, investors have a range of options to choose from. Fremont's restaurants are part of a larger commercial real estate market that includes apartment buildings, shopping centers, specialty properties, and hotels. Apartment buildings in Fremont offer investors a steady stream of income, while shopping centers provide a diverse range of retail options. Specialty properties, such as office buildings and warehouses, cater to the city's strong tech industry, and hotels provide accommodations for tourists and business travelers. Each of these property types has its unique characteristics and advantages, making Fremont an attractive location for investors. Overall, Fremont's restaurants, along with its other commercial properties, offer investors a diverse range of opportunities to capitalize on the city's growing economy and strong demand for commercial space.
What is the average cost per square foot for a restaurant in Fremont?
For those looking to invest in the Fremont food scene, the average cost per square foot for a restaurant in Fremont is $587 USD per square foot, with available listings totaling 3 and average restaurant sizes ranging from 5,620 square feet to 9,953 square feet.
What factors determine the value of a restaurant for sale in Fremont?
The value of a restaurant for sale in Fremont is determined by a combination of factors, including:
- Location, with proximity to major transportation hubs, such as Interstate 880 and Interstate 680, and high-traffic areas, like Fremont Central Park and Lake Elizabeth, contributing to a restaurant's value.
- The average price per square foot, which is currently $587 USD per square foot, and the average size of the restaurant, which is approximately 5,620 square feet, influencing the overall value of the property.
- The average cap rate, which is currently , and the number of available listings, with 3 restaurants currently for sale in Fremont, affecting the supply and demand dynamics of the market.
