Restaurants for sale in Sparks, Nevada, offer a unique investment opportunity in a city that has experienced significant growth and development over the years. As a hub for cultural events and recreational activities, Sparks attracts a diverse range of visitors and residents, making it an ideal location for restaurants. Whether you're looking to invest in a family-friendly diner, a fine dining establishment, or a casual eatery, Sparks has a lot to offer. The city's infrastructure, including the Regional Transportation Commission of Washoe County (RTC) city bus system and the Reno Tahoe International Airport, makes it easily accessible to customers. Additionally, Sparks is home to several major corporations, including Panasonic Energy, which employs thousands of people, providing a steady customer base for restaurants. With its semi-arid climate and wide temperature ranges, Sparks is a great place to invest in a restaurant that can cater to the local community and visitors alike. The city's many amenities, such as the Nugget Event Center, Sparks Marina Park, and Wildcreek and Red Hawk golf courses, make it an attractive location for businesses and residents.
With 1 restaurants for sale in Sparks, there are plenty of opportunities to find the perfect investment. Sparks is a city that offers a great balance of business and leisure, making it an attractive location for restaurants. In addition to restaurants, Sparks also offers a range of other investment opportunities, including apartment buildings, shopping centers, specialty properties, and hotels. For example, apartment buildings in Sparks offer a great way to invest in the city's growing residential market, while shopping centers provide a unique opportunity to capitalize on the city's retail sector. Specialty properties, such as warehouses and light industrial facilities, are also available in Sparks, offering a range of investment opportunities. Meanwhile, hotels in Sparks provide a great way to tap into the city's tourism industry, which is driven by its many cultural events and recreational activities. Overall, Sparks is a great place to invest in a restaurant, with its unique blend of business and leisure opportunities making it an attractive location for investors.
What is the average cost per square foot for a restaurant in Sparks?
The average cost per square foot for a restaurant in Sparks is $1,642 USD per square foot, with an average size of 2,677 square feet and a largest size available of 2,677 square feet, among the 1 available listings of restaurants for sale in the area.
What factors determine the value of a restaurant for sale in Sparks?
The value of a restaurant for sale in Sparks is determined by a combination of factors, including:
- Location, with proximity to major transportation infrastructure such as Interstate 80 and the Reno-Tahoe International Airport, as well as foot traffic and visibility in areas like Victorian Square, being highly desirable;
- Size and layout, with the average restaurant size in Sparks being 2,677 square feet, and larger spaces like 2,677 square feet commanding higher prices;
- Financial performance, including the average cap rate of 5.09% and the average price per square foot of $1,642 USD, which can impact the overall value of the restaurant.
