Mesa, Arizona, with a population of around 490,000, is an attractive location for investors seeking to purchase a restaurant. Restaurants in Mesa for sale offer a unique opportunity to tap into the city's growing economy, driven by its strong aerospace, tourism, education, healthcare, and agriculture sectors. As a hub for major corporations like Boeing, Bridgestone, and Empire Southwest, Mesa attracts a diverse range of professionals and families, creating a steady demand for dining options. The city's infrastructure, including the Phoenix–Mesa Gateway Airport, Mesa Canal, Falcon Field, and Williams Field, makes it an ideal location for businesses that require easy access to transportation facilities. Additionally, Mesa's amenities, such as Red Mountain Park, Mesa Arts Center, and Golfland Sunsplash waterpark, contribute to its appeal as a desirable place to live and visit. With its rich history, diverse economy, and excellent infrastructure, Mesa is an excellent place to invest in a restaurant.
With 12 restaurants for sale in Mesa, investors have a range of options to choose from. Mesa's restaurants offer a unique blend of local flavors and international cuisine, catering to the city's diverse population. In addition to restaurants, Mesa also offers a range of other investment opportunities, including apartment buildings, shopping centers, specialty properties, and hotels. For instance, investors can explore apartment buildings near Arizona State University Polytechnic Campus or shopping centers along Lehi Road and Alma School Road. Specialty properties, such as those near the Phoenix–Mesa Gateway Airport, can also provide a unique investment opportunity. Hotels, like those near the Mesa Arts Center or Golfland Sunsplash waterpark, can capitalize on the city's growing tourism industry. Overall, Mesa's diverse range of investment opportunities makes it an attractive location for investors seeking to expand their portfolio.
What is the average cost per square foot for a restaurant in Mesa?
The average cost per square foot for a restaurant in Mesa is $423 USD per square foot, with an average size of 69,968 square feet and a largest size of 781,200 square feet among the 12 available listings.
What factors determine the value of a restaurant for sale in Mesa?
When evaluating the value of a restaurant for sale in Mesa, several key factors come into play, including:
- Location, with proximity to major transportation hubs like the Phoenix–Mesa Gateway Airport, Lehi Road, and Alma School Road, as well as access to local amenities like Red Mountain Park and the Mesa Arts Center, significantly impacting the restaurant's visibility and foot traffic;
- The average price per square foot, currently at $423 USD, and the average size of the restaurant, at 69,968 square feet, which influence the overall value of the property;
- The restaurant's financial performance, including its average cap rate of 6.85%, which provides insight into its potential for generating revenue and profitability.
