Rancho Cordova, California, offers a unique opportunity for investors to capitalize on the city's growing economy and diverse industries. With a strong presence of technology, healthcare, education, and agriculture, Rancho Cordova is an attractive location for businesses to establish themselves. Restaurants, in particular, can benefit from the city's growing population of approximately 80,000 residents and its proximity to major employers like Aerojet/Rocketdyne and Soil Born Farms. The city's scenic beauty, including the American River Parkway and bike and pedestrian trails, also makes it an attractive destination for tourists and locals alike. Additionally, Rancho Cordova's council-manager form of government and strong financial standing provide a stable environment for businesses to thrive. With 2 restaurants for sale in Rancho Cordova, investors have a range of options to choose from, including properties with average prices per square foot of $757 USD and average sizes of 7,660 square feet.
Rancho Cordova's restaurants can benefit from the city's diverse economy and growing population. The city's proximity to major employers and its scenic beauty make it an attractive destination for tourists and locals alike. In addition to restaurants, Rancho Cordova also offers a range of other investment opportunities, including apartment buildings, shopping centers, specialty properties, and hotels. For example, apartment buildings in Rancho Cordova can benefit from the city's growing population and proximity to major employers. Shopping centers can capitalize on the city's strong retail sector, while specialty properties can take advantage of the city's unique character and attractions. Hotels can benefit from the city's tourism industry, which is supported by attractions like the American River Parkway and the Sacramento Children's Museum. With its diverse economy and growing population, Rancho Cordova offers a range of investment opportunities for businesses and investors. The city's strong financial standing and council-manager form of government provide a stable environment for businesses to establish themselves, making it an attractive location for investment.
What is the average cost per square foot for a restaurant in Rancho Cordova?
The average cost per square foot for a restaurant in Rancho Cordova is $757 USD per square foot, with an average size of 7,660 square feet and a largest size of 10,900 square feet, making it an attractive option for entrepreneurs looking to establish a presence in this growing city.
What factors determine the value of a restaurant for sale in Rancho Cordova?
When evaluating the value of a restaurant for sale in Rancho Cordova, several key factors come into play, including:
- Location, with proximity to major transportation facilities like the Gold Line light rail line and bus lines, as well as access to the American River Parkway and other local amenities, playing a significant role in determining value;
- The restaurant's size, with an average size of 7,660 square feet and a maximum size of 10,900 square feet, influencing the overall value;
- Financial performance, including the average price per square foot of $757 USD and an average cap rate of , which can impact the restaurant's value and desirability to potential buyers.
