Pearland, Texas, is an attractive location for investors seeking to purchase a restaurant, with 4 available listings. Restaurants in Pearland offer a unique investment opportunity, as they can cater to the diverse population of around 120,000 residents. As a popular destination for families and professionals, Pearland's restaurants can capitalize on the demand for quality dining experiences. With its strong economy, excellent infrastructure, and convenient location, Pearland is an ideal place to invest in a restaurant. The city's amenities, such as the Pearland Town Center, Shadow Creek Town Center, and various shopping complexes, make it an attractive destination for residents and visitors alike. Additionally, the presence of major employers like Kelsey-Seybold Clinic, Cardiovascular Systems, and Merit Medical Systems ensures a steady stream of potential customers. The city's proximity to Houston and its major transportation hubs, including State Highway 288, FM 518, and State Highway 35, make it easily accessible to a broader customer base.
Pearland's restaurant scene is characterized by its diversity, with a range of options available to suit different tastes and preferences. The city's healthcare and retail sectors drive the local economy, and restaurants can benefit from the foot traffic generated by these industries. In addition to restaurants, Pearland also offers a range of other investment opportunities, including apartment buildings, shopping centers, specialty properties, and hotels. Apartment buildings in Pearland offer a stable source of income, with a high demand for housing from the city's growing population. Shopping centers, such as Pearland Town Center and Shadow Creek Town Center, provide a convenient location for retailers and restaurants. Specialty properties, like the Pearland Library and Alvin Community College, offer unique investment opportunities. Hotels, such as those near the Pearland Regional Airport, cater to the city's business travelers and tourists. Overall, Pearland's diverse economy and infrastructure make it an attractive location for investors seeking to purchase a restaurant or explore other investment opportunities.
What is the average cost per square foot for a restaurant in Pearland?
Currently, there are 4 available listings of restaurants for sale in Pearland, with an average price per square foot of $743 USD and an average size of 3,975 square feet, making it an attractive option for entrepreneurs and investors looking to capitalize on the city's growing healthcare and retail sectors.
What factors determine the value of a restaurant for sale in Pearland?
The value of a restaurant for sale in Pearland is determined by a combination of factors, including:
- Location, with proximity to major transportation hubs like State Highway 288, FM 518, and State Highway 35, as well as accessibility to local amenities like healthcare facilities, shopping complexes, and residential neighborhoods, playing a significant role.
- The size and layout of the restaurant, with an average size of 3,975 square feet and a largest size of 5,846 square feet, influencing the value, as well as the average price per square foot of $743 USD.
- The financial performance of the restaurant, including the average cap rate of 5.08%, which can impact the value, as well as the number of available listings, currently at 4, which can affect supply and demand.
