Omaha, Nebraska, with a population of around 440,000, is an attractive location for investors seeking to purchase a restaurant for sale. Restaurants in Omaha offer a unique investment opportunity, as the city's diverse economy, rich cultural history, and strong infrastructure create a favorable environment for businesses to thrive. Restaurants can represent a variety of investments, from casual eateries to fine dining establishments, and can cater to different demographics and tastes. Omaha's amenities, such as the extensive trail system, hospitals, and universities, make it an attractive location for residents and visitors alike. The city's geography, situated in the "Heartland" of the United States, also provides easy access to major transportation hubs, including Eppley Airfield and the Union Pacific Railroad's corporate headquarters. Additionally, Omaha is home to several Fortune 500 and Fortune 1000 companies, including Berkshire Hathaway and Union Pacific Corporation, which can provide a steady stream of customers for restaurants.
With 11 restaurants for sale in Omaha, investors have a range of options to choose from. Omaha's restaurants are part of a larger commercial real estate market that includes apartment buildings, shopping centers, specialty properties, and hotels. The city's apartment buildings offer a range of options for residents, from luxury high-rises to affordable housing. Shopping centers, such as Westroads Mall and Village Pointe, provide a variety of retail options for residents and visitors. Specialty properties, like the historic Old Market district, offer unique opportunities for businesses and investors. Hotels, such as the Hilton Omaha and the Marriott Omaha, cater to the city's visitors and business travelers. Overall, Omaha's restaurants for sale offer a unique investment opportunity in a city with a strong economy, rich culture, and diverse amenities.
What is the average cost per square foot for a restaurant in Omaha?
The average cost per square foot for a restaurant in Omaha is $411 USD per square foot, with an average size of 4,160 square feet and a largest size of 16,782 square feet, among the 11 available listings of restaurants for sale in the city.
What factors determine the value of a restaurant for sale in Omaha?
When evaluating the value of a restaurant for sale in Omaha, several key factors come into play, including:
- Location, with proximity to major transportation hubs like Eppley Airfield and the Union Pacific Railroad's corporate headquarters, as well as access to main roads like I-80 and I-480, being highly desirable;
- The restaurant's size, with an average size of 4,160 square feet, and a maximum size of 16,782 square feet, influencing its value;
- The restaurant's financial performance, including its average cap rate of 5.61%, and its price per square foot, averaging $411 USD, which can impact its overall value.
