Leander, Texas, is a city located in Williamson County and Travis County, offering a unique opportunity for investors to capitalize on the growing demand for restaurants. With a total area of 34.08 square miles and a population of around 50,000, Leander provides an ideal setting for restaurants to flourish. Restaurants in Leander can cater to a diverse range of customers, including families, professionals, and students from the nearby Leander Independent School District. The city's infrastructure, including the Capital Metropolitan Transportation Authority (Capital Metro) and major roads like Ranch to Market Road 2243 and U.S. Route 183, makes it easily accessible to customers. Additionally, Leander's proximity to Downtown Austin and its growing economy make it an attractive location for businesses. The city is also home to several public schools, parks, and community events, providing a stable customer base for restaurants. With 2 restaurants for sale in Leander, investors can find a wide range of options to suit their needs.
Leander's restaurants can benefit from the city's diverse economy, which includes industries such as education, transportation, and real estate. The Leander Independent School District, a significant employer in the area, provides a stable customer base for restaurants. Additionally, the city's transportation infrastructure, including the Capital MetroRail Red Line, makes it easy for customers to access restaurants. Apartment buildings in Leander offer a potential customer base for restaurants, with many residents looking for convenient dining options. Shopping centers in the area, such as the Leander Towne Crossing, provide a hub for retail and dining activities. Specialty properties, like the Leander Station and Park & Ride, offer unique opportunities for restaurants to cater to commuters and travelers. Hotels in Leander, such as the Hampton Inn & Suites, provide a steady stream of customers for restaurants. With its diverse economy and growing population, Leander offers a promising market for restaurants to succeed.
What is the average cost per square foot for a restaurant in Leander?
For those interested in investing in the culinary scene of Leander, Texas, the average cost per square foot for a restaurant in this area is $591 USD per square foot, with available listings totaling 2 and average restaurant sizes ranging from 4,238 square feet to 5,850 square feet.
What factors determine the value of a restaurant for sale in Leander?
When evaluating the value of a restaurant for sale in Leander, several factors come into play, including:
- Location, with proximity to major transportation hubs like Leander Station and Park & Ride, as well as accessibility to nearby neighborhoods and commercial areas, impacting foot traffic and customer base;
- Size and layout, with the average restaurant size in Leander being 4,238 square feet, and the largest available space being 5,850 square feet, affecting seating capacity, kitchen efficiency, and overall operational costs;
- Financial performance, including the average price per square foot of $591 USD, average cap rate of 5.75%, and revenue streams, which influence the restaurant's profitability and potential for growth.
