Round Rock, Texas, is an attractive location for investors seeking to purchase a restaurant, with 6 available listings to choose from. Restaurants in Round Rock offer a unique investment opportunity, as they can cater to the diverse population of approximately 120,000 residents and visitors alike. Whether you're interested in a casual eatery, fine dining establishment, or specialty restaurant, Round Rock's diverse demographics and growing economy make it an ideal location. The city's amenities, including the Dell Diamond baseball facility, the Clay Madsen Recreation Center, and the Rockin' River Family Aquatic Center, attract visitors and locals, creating a strong customer base for restaurants. Additionally, Round Rock's proximity to Austin and its major employers, such as Dell, Cerilliant Corporation, and Cintas, ensure a steady stream of customers. With its excellent infrastructure, including Interstate 35, U.S. Highway 79, and State Highway 45, Round Rock provides easy access to major transportation hubs, making it an attractive location for restaurants.
Round Rock's restaurant scene is diverse and growing, with a range of options available to suit different tastes and preferences. The city's economy is driven by industries such as clean energy, advanced manufacturing, life sciences, and computer/software development, which creates a strong demand for restaurants that cater to professionals and families. In addition to restaurants, Round Rock offers a range of other investment opportunities, including Apartment Buildings, Shopping Centers, Specialty Properties, and Hotels. For example, Apartment Buildings in Round Rock offer a steady stream of income, while Shopping Centers provide a diverse range of retail and dining options. Specialty Properties, such as office buildings and warehouses, cater to the city's growing industries, and Hotels provide accommodation for visitors and business travelers. With its strong economy and diverse range of investment opportunities, Round Rock is an attractive location for investors seeking to diversify their portfolio.
What is the average cost per square foot for a restaurant in Round Rock?
As of now, there are 6 available listings of restaurants for sale in Round Rock, and the average cost per square foot for a restaurant in this area is $841 USD per square feet, with an average size of 4,828 square feet and a largest size of 7,200 square feet.
What factors determine the value of a restaurant for sale in Round Rock?
When evaluating the value of a restaurant for sale in Round Rock, several key factors come into play, including:
- Location, with proximity to major highways like Interstate 35 and State Highway 45, as well as accessibility to amenities like Old Settlers Park and the Dell Diamond, significantly impacting property value.
- The average price per square foot, currently at $841 USD, and the average size of 4,828 square feet, which influence the overall sale price of the restaurant.
- The average cap rate of 4.82%, which provides insight into the restaurant's potential return on investment, as well as the current market demand, with 6 available listings of restaurants for sale in Round Rock.
