Rogers, Arkansas, is a prime location for investing in restaurants, with its growing population of around 70,000 residents and a strong economy driven by major corporations like Walmart and Daisy Outdoor Products. Restaurants in Rogers offer a unique opportunity for investors to capitalize on the city's rapid growth and increasing demand for dining options. With a range of cuisines and dining experiences available, restaurants in Rogers can cater to a diverse customer base, from families and professionals to tourists and students. The city's amenities, such as the Pinnacle Hills Promenade shopping center and the Walmart AMP music venue, also make it an attractive location for restaurants. Additionally, Rogers' infrastructure, including the Rogers Municipal Airport and Ozark Regional Transit, provides easy access to the city and its surrounding areas. The city's educational institutions, such as the University of Phoenix and John Brown University, also contribute to a diverse and educated population, making it an ideal location for restaurants. With its rich history, cultural events, and recreational facilities, Rogers is a great place for business and travel, making it an attractive location for restaurants and investors alike.
Rogers, Arkansas, offers a range of investment opportunities in the restaurant industry, with 8 restaurants currently available for sale. The average price per square foot for restaurants in Rogers is $879 USD, with an average size of 5,526 square feet. The largest restaurant available for sale is 9,971 square feet. In addition to restaurants, Rogers also offers investment opportunities in other property types, such as apartment buildings, with options like the Rogers Commercial Historic District and Pinnacle Hills Promenade. Shopping centers, like the Frisco Station Mall, and specialty properties, like the Walmart AMP music venue, are also available. Hotels, such as those near the Northwest Arkansas National Airport, offer another investment opportunity in Rogers. With its diverse economy, growing population, and range of amenities, Rogers is an attractive location for investors looking to capitalize on the city's growth and development.
What is the average cost per square foot for a restaurant in Rogers?
The average cost per square foot for a restaurant in Rogers is $879 USD per square foot, with an average size of 5,526 square feet and a largest size available of 9,971 square feet, making it an attractive option for entrepreneurs looking to establish a restaurant in this growing city.
What factors determine the value of a restaurant for sale in Rogers?
The value of a restaurant for sale in Rogers is determined by a combination of factors, including:
- the average price per square foot, which is currently $879 USD, and the average size of the restaurant, which is approximately 5,526 square feet;
- the average cap rate, which is 6.25%, and the largest size of the restaurant, which is approximately 9,971 square feet;
- the location and accessibility of the restaurant, with proximity to major transportation hubs like the Rogers Municipal Airport and the Northwest Arkansas National Airport, as well as its visibility and foot traffic in popular areas like the Pinnacle Hills Promenade shopping center.
