Johns Creek, Georgia, offers a unique opportunity for investors to capitalize on the city's growing demand for restaurants. With a population of approximately 80,000 residents and a median household income of $109,576, Johns Creek presents a lucrative market for restaurateurs. Restaurants in Johns Creek can cater to a diverse range of tastes and preferences, from casual eateries to fine dining establishments. The city's strong economy, fueled by top employers like Boston Scientific and State Farm, ensures a steady stream of customers. Additionally, Johns Creek's amenities, such as the Autrey Mill Nature Preserve and Heritage Center, and its proximity to the Chattahoochee River, make it an attractive destination for both locals and tourists. The city's infrastructure, including major highways like State Route 120 and State Route 141, facilitates easy access to surrounding areas, further increasing the potential for restaurants to attract a broad customer base.
Johns Creek's restaurant scene is complemented by its diverse range of property types, including apartment buildings, shopping centers, specialty properties, and hotels. For instance, apartment buildings in Johns Creek offer investors the opportunity to capitalize on the city's growing residential market, while shopping centers provide a hub for retail and dining activities. Specialty properties, such as the Atlanta Athletic Club, cater to specific interests and hobbies, while hotels like the Hyatt Regency Johns Creek provide accommodations for visitors and business travelers. With 2 restaurants currently available for sale in Johns Creek, investors have a range of options to choose from, with average prices per square foot of $305 USD and average sizes of 7,238 square feet. The largest restaurant property available for sale in Johns Creek spans 8,050 square feet, offering ample space for a variety of dining concepts. With an average cap rate of 5%, restaurants in Johns Creek present a compelling investment opportunity for those looking to capitalize on the city's growing economy and diverse range of property types.
What is the average cost per square foot for a restaurant in Johns Creek?
For those looking to invest in the culinary scene of Johns Creek, the average cost per square foot for a restaurant in this area is $305 USD per square foot, with available listings totaling 2 and average sizes ranging from 7,238 square feet to 8,050 square feet.
What factors determine the value of a restaurant for sale in Johns Creek?
The value of a restaurant for sale in Johns Creek is determined by a combination of factors, including:
- Location, with proximity to major highways like State Route 120, State Route 141, and State Route 140, and accessibility to the larger MARTA public transportation system via the GRTA Xpress Route 408, impacting foot traffic and customer base;
- Size and layout, with an average size of 7,238 square feet and a maximum size of 8,050 square feet, affecting seating capacity, kitchen efficiency, and overall operational costs;
- Financial performance, including the average price per square foot of $305 USD and an average cap rate of 5%, influencing the restaurant's profitability and return on investment.
