San Leandro, California, offers a diverse range of restaurants for sale, with 2 listings available. Investing in a restaurant in San Leandro can be a lucrative venture, as the city's strong economy and diverse population create a high demand for dining options. Restaurants can represent a variety of investments, from casual eateries to fine dining establishments, and can cater to different demographics and cuisines. San Leandro's amenities, infrastructure, location, education, and geography make it a prime location for restaurants. The city is home to institutions like the San Leandro Unified School District, which is recognized for its Advanced Placement Program performance, and companies like Ghirardelli, OSIsoft, and 21st Amendment Brewery. Additionally, San Leandro's fiber optic broadband network initiative, Lit San Leandro, led by Dr. J. Patrick Kennedy of OSIsoft, attracts tech startups and artists, making it an ideal location for innovative restaurants. The city's scenic views, recreational areas like the San Leandro Marina, and cultural events also contribute to its appeal. Overall, San Leandro is a great place to invest in a restaurant, with its strong economy, diverse population, and attractive amenities.
San Leandro's restaurant scene is part of a larger commercial landscape that includes 2 listings of restaurants for sale. The city's economy is also heavily influenced by its apartment buildings, shopping centers, specialty properties, and hotels. For example, the city's shopping centers, like the Bayfair Center, offer a range of retail options, while its specialty properties, such as the San Leandro Marina, provide unique opportunities for businesses. The city's hotels, like the Hilton Garden Inn and the Hampton Inn, cater to visitors and business travelers. Overall, San Leandro's diverse commercial landscape makes it an attractive location for investors and business owners. With its strong economy, diverse population, and attractive amenities, San Leandro is an ideal place to invest in a restaurant.
What is the average cost per square foot for a restaurant in San Leandro?
The average cost per square foot for a restaurant in San Leandro is $434 USD per square foot, with an average size of 5,246 square feet and a largest size of 7,324 square feet, making it an attractive option for entrepreneurs and investors looking to establish a presence in this diverse and growing city.
What factors determine the value of a restaurant for sale in San Leandro?
When evaluating the value of a restaurant for sale in San Leandro, several key factors come into play, including:
- Location, with proximity to major transportation hubs like Interstate 880, 580, and 238 freeways, as well as public transportation services like BART and AC Transit, being highly desirable;
- The size and condition of the property, with average sizes ranging from 5,246 square feet to 7,324 square feet, and prices averaging $434 USD per square foot;
- The restaurant's financial performance, including its average cap rate of 6%, as well as its revenue streams, profitability, and growth potential, which can impact its overall value and attractiveness to potential buyers.
