Springdale, Arkansas, is an attractive location for investors seeking to purchase a restaurant, with 3 listings available. Restaurants in Springdale offer a unique opportunity to tap into the city's strong industrial and manufacturing sectors, which drive a significant workforce and create a demand for dining options. As the "Poultry Capital of the World," Springdale is home to major employers like Tyson Foods, Cargill, and George's, providing a steady stream of customers for restaurants. The city's convenient location, with access to Interstate 49, Highway 112, and Don Tyson Parkway, makes it an ideal spot for restaurants to attract customers from surrounding areas. Additionally, Springdale's diverse demographic makeup, including a substantial Marshallese population, offers a unique opportunity to cater to a diverse range of tastes and cuisines. With its mild winters and hot, humid summers, Springdale is an attractive location for both locals and visitors, making it an excellent choice for restaurant owners.
Springdale's restaurant scene is complemented by its other commercial properties, including 3 apartment buildings, shopping centers, specialty properties, and hotels. The city's apartment buildings offer a range of options for residents, from modern complexes to historic buildings. Shopping centers like the Northwest Arkansas Mall provide a hub for retail activity, while specialty properties like the Arts Center of the Ozarks and the Shiloh Museum of Ozark History add to the city's cultural landscape. Hotels, such as the Springdale Inn, cater to visitors and business travelers, providing a convenient place to stay while exploring the city. With its diverse range of commercial properties, Springdale offers a unique opportunity for investors to find the perfect fit for their business needs. Overall, Springdale's restaurants, along with its other commercial properties, create a thriving business environment that is ripe for investment.
What is the average cost per square foot for a restaurant in Springdale?
Currently, there are 3 available listings of restaurants for sale in Springdale, and the average cost per square foot for a restaurant in Springdale is $744 USD per square foot, with an average size of 10,761 square feet and a largest size of 26,047 square feet.
What factors determine the value of a restaurant for sale in Springdale?
When evaluating the value of a restaurant for sale in Springdale, several key factors come into play, including:
- Location, with proximity to major highways like Interstate 49 and Highway 112, as well as accessibility to local amenities like Arvest Ballpark and the Springdale Municipal Airport, being highly desirable;
- The size and condition of the property, with an average size of 10,761 square feet and a range of up to 26,047 square feet, as well as the overall condition and needed renovations or upgrades;
- Financial performance, including the average cap rate of 6.02% and the average price per square foot of $744 USD, which can impact the overall value of the restaurant.
