Castle Rock, Colorado, offers a unique opportunity for investors to capitalize on the town's growing demand for restaurants. With its strategic location at the junction of Interstate 25 and State Highway 86, Castle Rock is an attractive destination for both locals and tourists. Restaurants in Castle Rock can cater to a diverse range of customers, from families and outdoor enthusiasts to professionals and visitors. The town's semiarid climate and stunning natural surroundings make it an ideal location for restaurants with outdoor seating areas or those that offer seasonal menus. Castle Rock's infrastructure, including its transportation systems and utilities, supports the growth of businesses, making it an excellent choice for restaurant investors. The town's proximity to Denver and Colorado Springs also ensures a steady stream of customers. Additionally, Castle Rock is home to notable attractions like Philip S. Miller Park and the Castle Rock Adventist Hospital, which can help drive foot traffic to local restaurants.
Castle Rock currently has 1 restaurants for sale, offering a range of investment opportunities. The average price per square foot for these restaurants is $365 USD, with an average size of 6,125 square feet. The largest restaurant available is 10,000 square feet. In addition to restaurants, Castle Rock also offers other investment opportunities, including apartment buildings, shopping centers, specialty properties, and hotels. For example, apartment buildings in Castle Rock can capitalize on the town's growing population and demand for housing. Shopping centers can benefit from the town's strategic location and high foot traffic. Specialty properties, such as office buildings and medical facilities, can cater to the town's growing professional and healthcare sectors. Hotels in Castle Rock can attract tourists and business travelers alike, taking advantage of the town's natural beauty and amenities. Overall, Castle Rock presents a unique opportunity for investors to diversify their portfolios and capitalize on the town's growing demand for various types of properties.
What is the average cost per square foot for a restaurant in Castle Rock?
As of now, the average cost per square foot for a restaurant in Castle Rock is $365 USD per square foot, with an average size of 6,125 square feet and a largest size of 10,000 square feet, offering a range of options for restaurateurs looking to establish a presence in this charming town.
What factors determine the value of a restaurant for sale in Castle Rock?
When evaluating the value of a restaurant for sale in Castle Rock, several key factors come into play, including:
- Location, with proximity to major transportation hubs like Interstate 25 and State Highway 86, as well as local amenities like Philip S. Miller Park, influencing foot traffic and customer accessibility;
- Size and layout, with the average size of available listings being 6,125 square feet, and the largest size being 10,000 square feet, affecting operational efficiency and seating capacity;
- Financial performance, including the average price per square foot of $365 USD and average cap rate of , which impact the restaurant's profitability and return on investment.
