Mesquite, Texas, offers a unique opportunity for investors to tap into the city's growing economy by purchasing a restaurant for sale. With its strategic location at the crossroads of major highways, Mesquite provides easy access to various locations, including downtown Dallas, Lake Ray Hubbard, Dallas Love Field, and DFW International Airport. Restaurants in Mesquite can represent a diverse range of investments, from casual eateries to fine dining establishments, catering to the city's diverse population of around 140,000 residents. Mesquite's amenities, infrastructure, location, education, and geography make it an attractive place to invest in a restaurant. For instance, the city is home to Eastfield College, which provides undergraduate degrees and continuing-education credits, and features its own local airport, Mesquite Metro Airport. Additionally, Mesquite is known for its designation as the "Rodeo Capital of Texas" and has received various accolades such as being named a Playful City USA and a Tree City USA. The city's attractions, including the Mesquite Rodeo, Mesquite Arts Center, and Mesquite Golf Club, make it a great place for business and travel.
Mesquite's restaurant scene is diverse and caters to various tastes and preferences. With 6 restaurants for sale in Mesquite, investors have a range of options to choose from. The city's economy is driven by retail, logistics, education, and telecommunications, with major employers like United Parcel Service, Sears, AT&T, Charter Spectrum, Eastfield College, Ashley Furniture, and FedEx. In addition to restaurants, Mesquite also offers other investment opportunities, such as apartment buildings, shopping centers, specialty properties, and hotels. For instance, apartment buildings in Mesquite offer a unique opportunity to tap into the city's growing population, while shopping centers provide a chance to capitalize on the city's retail sector. Specialty properties, such as those near the Mesquite Rodeo or Mesquite Arts Center, offer a unique opportunity to tap into the city's cultural scene, and hotels cater to the city's growing tourism industry. Overall, Mesquite provides a unique opportunity for investors to tap into the city's growing economy and diverse range of investment opportunities.
What is the average cost per square foot for a restaurant in Mesquite?
For those interested in investing in the restaurant industry in Mesquite, Texas, the average cost per square foot for a restaurant is $457 USD per square foot, with available listings totaling 6 and average restaurant sizes ranging from 29,050 square feet to 140,883 square feet.
What factors determine the value of a restaurant for sale in Mesquite?
When evaluating the value of a restaurant for sale in Mesquite, several key factors come into play, including:
- Location, with proximity to major highways like Interstate 20, Interstate 30, and Interstate 635, as well as accessibility to downtown Dallas, Lake Ray Hubbard, and DFW International Airport, being highly desirable;
- The size and condition of the property, with average sizes ranging from 29,050 square feet to 140,883 square feet, and the overall condition of the building and equipment affecting the sale price;
- Financial performance, including the average cap rate of 4.75% and the average price per square foot of $457 USD, which can impact the restaurant's value and potential for future growth.
