Pleasanton, California, is a prime location for investing in restaurants, with its strong economy and affluent population of around 80,000 residents. Restaurants in Pleasanton offer a unique opportunity for investors to capitalize on the city's growing demand for dining options. As a hub for corporate headquarters and major employers, Pleasanton attracts a diverse range of professionals and families who appreciate a wide range of cuisines. The city's downtown area, with its lively atmosphere and variety of restaurants, retailers, and service businesses, is an ideal location for restaurants to thrive. Additionally, Pleasanton's proximity to major transportation hubs, such as the Bay Area Rapid Transit (BART) system and the Altamont Corridor Express rail service, makes it easily accessible to customers from surrounding areas. The city's highly rated schools, including Amador Valley High School and Foothill High School, also contribute to its appeal as a desirable place to live and dine.
With 2 restaurants for sale in Pleasanton, investors have a range of options to choose from. The average price per square foot for restaurants in Pleasanton is $560 USD, with an average size of 10,916 square feet. The largest restaurant available for sale is 14,625 square feet. In addition to restaurants, Pleasanton also offers a range of other commercial properties for sale, including apartment buildings, shopping centers, specialty properties, and hotels. For example, investors can find apartment buildings with easy access to the BART system, shopping centers with a mix of local and national retailers, specialty properties with unique architectural features, and hotels with modern amenities. With its strong economy and diverse range of commercial properties, Pleasanton is an attractive location for investors looking to expand their portfolio.
What is the average cost per square foot for a restaurant in Pleasanton?
The average cost per square foot for a restaurant in Pleasanton is $560 USD per square feet, with an average size of 10,916 square feet and a largest size of 14,625 square feet, making it an attractive option for restaurateurs looking to establish a presence in this affluent city.
What factors determine the value of a restaurant for sale in Pleasanton?
When evaluating the value of a restaurant for sale in Pleasanton, several key factors come into play, including:
- Location, with proximity to major transportation hubs like the Dublin/Pleasanton BART station and West Dublin/Pleasanton BART station, as well as access to major highways like I-580 and I-680, being highly desirable;
- The restaurant's size, with an average size of 10,916 square feet, and a maximum size of 14,625 square feet, impacting its capacity and revenue potential;
- The restaurant's financial performance, including its average price per square foot of $560 USD and average cap rate of 7%, which can influence its overall value and attractiveness to potential buyers.
