Kirkland, Washington, is an attractive location for investors seeking to own a restaurant, with its strong economy, excellent infrastructure, and desirable amenities. Restaurants in Kirkland for sale offer a unique opportunity to capitalize on the city's growing population of approximately 90,000 residents and its proximity to major employers like Google, Tableau Software, and EvergreenHealth. As a popular destination for both locals and tourists, Kirkland's restaurants benefit from a steady stream of customers drawn to the city's scenic waterfront, parks, and cultural attractions. With its well-planned infrastructure, including transportation services provided by King County Metro and Sound Transit Express buses, Kirkland offers easy access to neighboring cities like Bellevue, Redmond, and Seattle. The city's strong educational institutions, such as Lake Washington Technical College, Northwest University, and Bastyr University, also contribute to a diverse and educated population that supports the local restaurant scene.
With 1 restaurants for sale in Kirkland, investors have a range of options to choose from. In addition to restaurants, Kirkland also offers opportunities to invest in apartment buildings, shopping centers, specialty properties, and hotels. Apartment buildings in Kirkland offer a steady income stream, while shopping centers provide a hub for local commerce. Specialty properties, such as those in the city's historic downtown area, offer unique opportunities for investors seeking to capitalize on Kirkland's cultural attractions. Hotels in Kirkland, meanwhile, cater to the city's growing tourism industry, driven by attractions like Juanita Beach Park and the Cross Kirkland Corridor. Overall, Kirkland's diverse range of properties for sale makes it an attractive location for investors seeking to capitalize on the city's strong economy and desirable amenities.
What is the average cost per square foot for a restaurant in Kirkland?
According to current listings, the average cost per square foot for a restaurant in Kirkland is per square foot, with available listings totaling 1 and average restaurant sizes ranging from 2,072 square feet to 2,072 square feet.
What factors determine the value of a restaurant for sale in Kirkland?
The value of a restaurant for sale in Kirkland is determined by a combination of factors, including:
- Location, with proximity to major transportation hubs, such as Interstate 405 and the planned Link light rail line, and scenic waterfront areas, like Juanita Beach Park, being highly desirable;
- The size and condition of the property, with average sizes ranging from 2,072 square feet to 2,072 square feet, and the average price per square foot being ;
- The restaurant's financial performance, including its average cap rate of , as well as its revenue and profit potential, which can be influenced by the local economy, competition, and demographics.
