Rocklin, California, with its rich history tied to the California Gold Rush and the transcontinental railroad, offers a unique opportunity for investors to own a piece of the city's culinary scene. Restaurants in Rocklin for sale provide a chance to capitalize on the city's growing population of approximately 70,000 residents, who are looking for diverse dining options. As a restaurant owner, you can take advantage of the city's central location, situated about 22 miles from Sacramento, and its proximity to major transportation hubs, including Interstate 80 and the Sacramento International Airport. Rocklin's diverse demographic makeup and mix of different racial and ethnic groups also provide a broad customer base for restaurants. With amenities like Johnson-Springview Park and Twin Oaks Park, as well as the Rocklin Sports Complex, there are plenty of opportunities to attract customers and create a loyal following. Additionally, the city's strong educational institutions, including Sierra College and William Jessup University, provide a steady stream of potential customers.
With 11 restaurants for sale in Rocklin, there are plenty of options to choose from, ranging in size from 3,862 to 269,532 square feet, with an average price per square foot of $366 USD. The average cap rate for restaurants in Rocklin is 6.44%. In addition to restaurants, Rocklin also offers other investment opportunities, including apartment buildings, which can provide a steady stream of rental income, and shopping centers, which can offer a diverse range of retail and dining options. Specialty properties, such as hotels and motels, can also be found in Rocklin, providing a unique opportunity for investors to capitalize on the city's tourism industry. Overall, Rocklin's diverse economy, rich history, and central location make it an attractive destination for investors looking to own a piece of the city's culinary scene.
What is the average cost per square foot for a restaurant in Rocklin?
The average cost per square foot for a restaurant in Rocklin is $366 USD per square foot, with available listings totaling 11 and average restaurant sizes ranging from 118,821 square feet to 269,532 square feet.
What factors determine the value of a restaurant for sale in Rocklin?
When evaluating the value of a restaurant for sale in Rocklin, several key factors come into play, including:
- Location, with proximity to major transportation hubs like Interstate 80 and the Rocklin railroad, as well as accessibility to local amenities like Sutter Roseville Medical Center and Johnson-Springview Park, impacting foot traffic and customer convenience.
- Size and layout, with the average restaurant size in Rocklin being 118,821 square feet, and the largest available space being 269,532 square feet, affecting seating capacity, kitchen efficiency, and overall operational costs.
- Financial performance, including the average cap rate of 6.44%, and the average price per square foot of $366 USD, which influence the restaurant's profitability and potential for growth.
