With 3 restaurants for sale in Topeka, Kansas, investors have a wide range of opportunities to tap into the city's growing food scene. As the capital city of Kansas, Topeka offers a unique blend of small-town charm and urban amenities, making it an attractive location for restaurants. Whether you're looking to invest in a casual eatery, a fine dining establishment, or a quick-service restaurant, Topeka has a diverse range of options to suit your needs. The city's strong economy, fueled by major industries such as government, education, and healthcare, provides a stable customer base for restaurants. Additionally, Topeka's convenient location at the intersection of I-70 and U.S. Highway 75 makes it an ideal spot for restaurants catering to travelers and locals alike. With amenities like the Topeka Performing Arts Center, the Evel Knievel Museum, and the Kansas Museum of History, Topeka offers a rich cultural scene that attracts visitors and supports local businesses.
Topeka's restaurants for sale offer a unique opportunity to invest in a city with a strong sense of community and a growing economy. With nearby institutions like Washburn University and the University of Kansas Health Center, Topeka's restaurants can cater to a diverse range of customers. In addition to restaurants, Topeka also offers a range of other investment opportunities, including apartment buildings, shopping centers, specialty properties, and hotels. For example, investors can explore opportunities in Topeka's downtown district, which has seen significant redevelopment along the Kansas River Corridor. Alternatively, they can consider investing in shopping centers like the West Ridge Mall or specialty properties like the Topeka Performing Arts Center. With its diverse range of investment opportunities and strong local economy, Topeka is an attractive location for investors looking to expand their portfolios.
What is the average cost per square foot for a restaurant in Topeka?
The average cost per square foot for a restaurant in Topeka is $126 USD per square feet, with an average size of 3,706 square feet and a largest size available of 5,931 square feet, among the 3 available listings.
What factors determine the value of a restaurant for sale in Topeka?
When evaluating the value of a restaurant for sale in Topeka, several key factors come into play, including:
- Average price per square foot, which currently stands at $126 USD per square foot, and average restaurant size, which is approximately 3,706 square feet;
- Location, with proximity to major transportation hubs like I-70, I-470, and I-335, as well as accessibility to local amenities like hospitals, universities, and shopping centers;
- Financial performance, including the average cap rate of , which can indicate the restaurant's potential for generating revenue and profitability.
