Oxnard, California, is a prime location for investing in restaurants, with 3 available listings offering a range of opportunities. Restaurants in Oxnard can represent a variety of investments, from casual eateries to fine dining establishments, and can cater to the city's diverse population of around 210,000 residents. Oxnard's amenities, infrastructure, and location make it an attractive place to invest in a restaurant, with proximity to institutions like Oxnard College and California State University Channel Islands, as well as attractions like the Carnegie Art Museum and the Channel Islands Maritime Museum. The city's Mediterranean climate, with mild winters and warm summers, also makes it an ideal location for outdoor dining and entertainment. Additionally, Oxnard's transportation hub, with connections to various modes of transportation, including the Ventura Freeway, Pacific Coast Highway, and Oxnard Airport, ensures easy access for customers and suppliers alike.
Oxnard's restaurant scene is characterized by its diversity, with a range of cuisines and dining options available. The city's agricultural industry, with major employers like Driscoll's and Well-Pict Berries, also provides a steady supply of fresh produce for restaurants. In addition to restaurants, Oxnard also offers a range of other property types, including apartment buildings, shopping centers, specialty properties, and hotels. For example, the city's shopping centers, like the Oxnard Plaza, offer a mix of retail and dining options, while its specialty properties, like the Port of Hueneme, provide unique opportunities for investment. Apartment buildings, like those in the Henry T. Oxnard Historic District, offer a range of residential options, and hotels, like the Embassy Suites by Hilton Oxnard, cater to the city's tourists and business travelers. Overall, Oxnard's diverse range of property types and amenities make it an attractive location for investors and businesses alike.
What is the average cost per square foot for a restaurant in Oxnard?
The average cost per square foot for a restaurant in Oxnard is $580 USD per square foot, with an average size of 7,018 square feet and a largest size of 8,600 square feet, among the 3 available listings of restaurants for sale in the area.
What factors determine the value of a restaurant for sale in Oxnard?
When evaluating the value of a restaurant for sale in Oxnard, several key factors come into play, including:
- Location, with proximity to major transportation hubs like the Oxnard Transit Center, Oxnard Airport, and the Port of Hueneme, as well as access to main roads like the Ventura Freeway (US 101) and Pacific Coast Highway (State Route 1), impacting foot traffic and delivery logistics.
- Size and layout, with the average restaurant size in Oxnard being approximately 7,018 square feet, and the largest available space being around 8,600 square feet, influencing seating capacity, kitchen efficiency, and overall operational flow.
- Financial performance, including the average cap rate of 7.52% and the average price per square foot of $580 USD, which can indicate the restaurant's profitability, growth potential, and return on investment.
