Santa Clarita, California, is an attractive location for investors seeking to purchase a restaurant, with 3 listings available. Restaurants in Santa Clarita offer a unique investment opportunity, providing a chance to tap into the city's growing population of around 210,000 residents. As a popular tourist destination, Santa Clarita attracts visitors from all over the world, drawn to its natural beauty, outdoor recreational activities, and family-friendly atmosphere. The city's amenities, including the Henry Mayo Newhall Memorial Hospital, Central Park, and various sports facilities, make it an ideal location for restaurants to thrive. Additionally, Santa Clarita's proximity to major highways, including Interstate 5, California State Route 14, and California State Route 126, ensures easy accessibility for customers. The city's strong economy, driven by industries such as cruise lines, automotive development, medical technology, and agriculture, provides a stable foundation for businesses to grow.
Santa Clarita's restaurant scene is diverse, with a range of cuisines and dining options available. The city's location, surrounded by mountain ranges and the Santa Clara River, provides a unique backdrop for restaurants to offer scenic views and outdoor seating areas. In addition to restaurants, Santa Clarita is home to various other commercial properties, including Apartment Buildings, Shopping Centers, Specialty Properties, and Hotels. The city's Apartment Buildings offer a range of living options, from luxury apartments to affordable housing. Shopping Centers, such as the Valencia Town Center, provide a convenient location for residents to shop and dine. Specialty Properties, like the Valencia Industrial Center, house a variety of businesses, including aerospace and technology companies. Hotels, such as the Hyatt Regency Valencia, cater to tourists and business travelers alike, offering comfortable accommodations and amenities. Overall, Santa Clarita's diverse range of commercial properties makes it an attractive location for investors seeking to purchase a restaurant or other type of property.
What is the average cost per square foot for a restaurant in Santa Clarita?
The average cost per square foot for a restaurant in Santa Clarita is $880 USD per square foot, with available listings totaling 3 and average sizes ranging from 6,643 square feet to 13,825 square feet.
What factors determine the value of a restaurant for sale in Santa Clarita?
When evaluating the value of a restaurant for sale in Santa Clarita, several key factors come into play, including:
- Location, with proximity to major highways like Interstate 5, California State Route 14, and California State Route 126, as well as accessibility to public transportation hubs like Metrolink stations, influencing foot traffic and customer accessibility;
- Size and layout, with the average restaurant size in Santa Clarita being 6,643 square feet, and the largest available space being 13,825 square feet, affecting seating capacity, kitchen efficiency, and overall operational workflow;
- Financial performance, including the average cap rate of 4.26%, and the average price per square foot of $880 USD, which can impact profitability, cash flow, and return on investment.
