Centennial, Colorado, is an attractive destination for investors seeking to purchase a restaurant, with 4 listings available. Restaurants in Centennial offer a unique opportunity to tap into the city's growing economy, driven by companies like National CineMedia and United Launch Alliance. As a restaurant owner, you'll benefit from the city's diverse ecosystem, featuring hills, gullies, and recreational trails, which attract visitors and locals alike. Centennial's location near major transportation facilities, such as Interstate 25 and Centennial Airport, ensures easy access to your business. Additionally, the city's amenities, including Dry Creek Dam, DeKoevend Park, and the High Line Canal Trail, provide a desirable quality of life for residents and visitors, making it an ideal location for a restaurant. With its strong economy, diverse geography, and excellent infrastructure, Centennial is an excellent place to invest in a restaurant, and its attractions, such as the first IKEA store in Colorado, make it an attractive destination for tourists and locals alike.
Centennial's restaurant scene is just one aspect of the city's diverse economy, which is also supported by Apartment Buildings, Shopping Centers, and Specialty Properties. The city's Apartment Buildings offer a range of options for residents, from luxury complexes to affordable housing. Shopping Centers, like the one featuring the first IKEA store in Colorado, provide a convenient shopping experience for residents and visitors. Specialty Properties, such as the headquarters of the National Cattlemen's Beef Association and Arrow Electronics, contribute to the city's economic diversity. Hotels, like those near Centennial Airport, cater to the city's visitors and business travelers. With its diverse economy and excellent infrastructure, Centennial is an attractive destination for investors seeking to purchase a restaurant or other commercial property. The city's unique blend of natural beauty, recreational opportunities, and economic growth make it an excellent place to invest and do business.
What is the average cost per square foot for a restaurant in Centennial?
The average cost per square foot for a restaurant in Centennial is $331 USD per square foot, with an average size of 18,652 square feet and a largest size available of 56,000 square feet among the 4 available listings.
What factors determine the value of a restaurant for sale in Centennial?
When evaluating the value of a restaurant for sale in Centennial, several key factors come into play, including:
- Location, with proximity to major transportation facilities like Interstate 25 and Centennial Airport, as well as access to local amenities like parks and recreational trails, playing a significant role in determining value.
- The restaurant's size, with an average size of 18,652 square feet, and a maximum size of 56,000 square feet, impacting its capacity and potential revenue.
- Financial performance, including the average price per square foot of $331 USD and an average cap rate of 6.25%, which can influence the restaurant's overall value and attractiveness to potential buyers.
