Buena Park, California, offers a unique investment opportunity in the form of restaurants for sale. With a population of approximately 80,000 residents and a strong tourist industry, thanks to attractions like Knott's Berry Farm, restaurants in Buena Park can capitalize on the city's central location and diverse economy. Restaurants can represent a variety of investments, from casual eateries to fine dining establishments, and can cater to both locals and visitors. Buena Park's amenities, such as the Buena Park Library District and the Ralph B. Clark Regional Park, make it an attractive location for businesses and residents alike. The city's infrastructure, including major roads like Beach Boulevard and Interstate 5, provides easy access to surrounding areas. Additionally, the presence of notable companies like Knott's Berry Farm and The Source OC retail experience contributes to the city's economic stability. With its rich history, diverse economy, and tourist attractions, Buena Park is an excellent location for restaurants to establish themselves.
Currently, there are 4 restaurants for sale in Buena Park, offering a range of options for investors. The average price per square foot for these restaurants is $961 USD, with an average size of 5,888 square feet. The largest restaurant available is 10,398 square feet. In addition to restaurants, Buena Park also offers other investment opportunities, such as apartment buildings, which can provide a steady stream of rental income. Shopping centers, like The Source OC, offer a mix of retail and dining options, while specialty properties, such as the Knott's Berry Farm theme park, provide unique entertainment experiences. Hotels, like those near the Fullerton Municipal Airport, cater to the city's tourist industry. Overall, Buena Park's diverse economy and attractions make it an attractive location for various types of investments.
What is the average cost per square foot for a restaurant in Buena Park?
Based on current listings, the average cost per square foot for a restaurant in Buena Park is $961 USD per square foot, with an average size of 5,888 square feet and a largest size available of 10,398 square feet, among 4 available listings.
What factors determine the value of a restaurant for sale in Buena Park?
When evaluating the value of a restaurant for sale in Buena Park, several key factors come into play, including:
- Location, with proximity to popular tourist attractions like Knott's Berry Farm and major highways like Interstate 5 and California State Route 91 being highly desirable;
- The restaurant's size, with an average size of 5,888 square feet and a maximum size of 10,398 square feet, as well as its layout and condition;
- Financial performance, including the average price per square foot of $961 USD and the average cap rate of 5.05%, which can indicate the restaurant's potential for profitability and growth.
