Lewisville, Texas, is an attractive location for investors seeking to purchase a restaurant, with 2 available listings. Restaurants in Lewisville offer a unique opportunity for entrepreneurs to capitalize on the city's stable economic climate and recreational opportunities around Lewisville Lake. As a popular destination for outdoor enthusiasts, Lewisville attracts visitors from the surrounding areas, creating a potential customer base for restaurants. The city's infrastructure, including Interstate 35E, US Highway 77, and Texas State Highway 121, ensures easy accessibility for customers and suppliers. Lewisville's educational institutions, such as Lewisville Independent School District, and major employers like JPMorgan Chase and Nationstar Mortgage, contribute to a diverse commercial tax base, supporting the local economy. The city's amenities, including Lewisville Lake Park, Toyota of Lewisville Railroad Park, and the Lewisville Lake Environmental Learning Area, make it an attractive location for residents and visitors alike.
Lewisville's restaurant scene is part of a larger commercial landscape that includes Apartment Buildings, Shopping Centers, Specialty Properties, and Hotels. The city's Apartment Buildings offer a range of housing options for residents, while Shopping Centers provide a convenient location for retail and dining establishments. Specialty Properties, such as the Lewisville Grand Theater, contribute to the city's cultural scene, and Hotels cater to visitors and business travelers. With its diverse economy and recreational opportunities, Lewisville is an attractive location for investors seeking to purchase a restaurant or other commercial property. The city's unique blend of natural beauty, outdoor recreation, and economic stability makes it an ideal location for businesses to thrive.
What is the average cost per square foot for a restaurant in Lewisville?
The average cost per square foot for a restaurant in Lewisville is $544 USD per square feet, with an average size of 5,647 square feet and a largest size of 8,410 square feet, among the 2 available listings of restaurants for sale in the area.
What factors determine the value of a restaurant for sale in Lewisville?
The value of a restaurant for sale in Lewisville is determined by a combination of factors, including:
- Location, with proximity to major highways like Interstate 35E and US Highway 77, as well as accessibility to local amenities like Lewisville Lake Park and the Toyota of Lewisville Railroad Park, playing a significant role in attracting customers.
- The restaurant's size, with an average size of 5,647 square feet, and a maximum size of 8,410 square feet, influencing the seating capacity, menu offerings, and overall operational efficiency.
- Financial performance, including the average price per square foot of $544 USD, average cap rate of 5.74%, and the overall profitability of the business, which can impact the sale price and attractiveness to potential buyers.
