Henderson, Nevada, a city located about 16 miles southeast of downtown Las Vegas, offers a unique opportunity for investors to capitalize on the growing demand for restaurants. With a population of around 310,000, Henderson provides a sizable customer base for restaurants, making it an attractive investment opportunity. Restaurants in Henderson can represent a diverse range of investments, from casual eateries to fine dining establishments, catering to the city's growing population and tourist traffic. Henderson's amenities, infrastructure, location, education, and geography make it an ideal place to invest in a restaurant. The city is home to institutions like Nevada State University and the College of Southern Nevada, attracting students and faculty who frequent local eateries. Additionally, Henderson's proximity to the Las Vegas Strip and its own entertainment options, such as the Dollar Loan Center arena and the Intermountain Healthcare Performance Center, ensure a steady stream of visitors. The city's commitment to the arts and cultural programs, as well as its recreational facilities and events, also contribute to its appeal as a destination for leisure and recreational pursuits.
With 3 restaurants for sale in Henderson, investors have a range of options to choose from. The average price per square foot for restaurants in Henderson is $729 USD, with an average size of 39,330 square feet. The largest restaurant available for sale is 140,980 square feet. Henderson's restaurants also offer a competitive average cap rate of 5.81%. In addition to restaurants, Henderson offers a range of other investment opportunities, including apartment buildings, shopping centers, specialty properties, and hotels. For example, apartment buildings in Henderson provide a unique opportunity to capitalize on the city's growing population and rental demand. Shopping centers, like the Galleria at Sunset, offer a chance to invest in retail spaces that cater to the city's residents and tourists. Specialty properties, such as the Henderson Multigenerational Facility, provide a unique investment opportunity in a community-focused space. Hotels, like those surrounding Lake Las Vegas, offer a chance to capitalize on the city's tourism industry. Overall, Henderson's diverse range of investment opportunities makes it an attractive location for investors.
What is the average cost per square foot for a restaurant in Henderson?
The average cost per square foot for a restaurant in Henderson is $729 USD per square foot, with an average size of 39,330 square feet and a largest size of 140,980 square feet, among the 3 available listings of restaurants for sale in the area.
What factors determine the value of a restaurant for sale in Henderson?
The value of a restaurant for sale in Henderson is determined by a combination of factors, including:
- Location, with proximity to major highways, tourist attractions, and local amenities such as Lake Las Vegas and the Henderson Multigenerational Facility, playing a significant role in attracting customers;
- The size and condition of the property, with an average size of 39,330 square feet and a largest size of 140,980 square feet, as well as the overall condition and age of the building, impacting the restaurant's operational efficiency and appeal;
- Financial performance, including the average cap rate of 5.81% and the average price per square foot of $729 USD, which are influenced by the restaurant's revenue, expenses, and profitability, as well as the overall demand for restaurants in the area, with 3 available listings.
