Garland, Texas, is an attractive destination for investors seeking to capitalize on the city's growing economy and diverse industries. With 6 restaurants for sale, Garland offers a range of opportunities for entrepreneurs and business owners. Restaurants in Garland can represent a variety of investments, from casual eateries to fine dining establishments, and can cater to the city's diverse population of around 250,000 residents. Garland's amenities, infrastructure, and location make it an ideal place to invest in a restaurant. The city is home to institutions like Dallas College and Amberton University, and its proximity to downtown Dallas provides access to a larger customer base. Additionally, Garland's attractions, such as the Granville Arts Center and Historic Downtown Garland, draw visitors interested in arts, culture, and history, creating a potential customer base for restaurants.
Garland's restaurants are part of a larger commercial landscape that includes 6 restaurants for sale, as well as other property types like apartment buildings, shopping centers, specialty properties, and hotels. For example, investors can find apartment buildings near Garland's major transportation hubs, such as the DART Blue Line stations and the Garland/DFW Heloplex. Shopping centers, like those along Interstate 30 and President George Bush Turnpike, offer opportunities for retail and dining investments. Specialty properties, such as those in the Travis College Hill Historic District, provide a unique chance to invest in Garland's historic charm. Hotels, like those near the Garland/DFW Heloplex, cater to visitors and business travelers. Overall, Garland's diverse economy and attractions make it an attractive destination for investors seeking to capitalize on the city's growth.
What is the average cost per square foot for a restaurant in Garland?
The average cost per square foot for a restaurant in Garland is $618 USD per square foot, with an average size of 10,116 square feet.
What factors determine the value of a restaurant for sale in Garland?
The value of a restaurant for sale in Garland is determined by a combination of factors, including:
- Location, with proximity to major roads, public transportation, and local amenities such as parks and entertainment venues playing a significant role;
- Size and condition of the property, with average sizes ranging from 10,116 square feet to 43,036 square feet, and the overall condition impacting the property's value;
- Financial performance, including the average cap rate of 6.13% and the average price per square foot of $618 USD, which can influence the restaurant's value and desirability to potential buyers.
