West Valley City, Utah, offers a unique opportunity for investors to capitalize on the growing demand for restaurants in the area. With a population of approximately 140,000 residents, West Valley City provides an attractive market for restaurateurs looking to establish a presence in the region. Restaurants in West Valley City can represent a range of investments, from casual eateries to fine dining establishments, catering to the diverse tastes and preferences of the local community. The city's strategic location, with easy access to major transportation routes, including I-215 and I-15 freeways, SR-201 freeway, Bangerter Highway, and the Mountain View Corridor, makes it an ideal spot for restaurants looking to attract customers from surrounding areas. Additionally, the presence of notable institutions such as Granger Senior High and Hunter High School, as well as charter schools like East Hollywood High School, American Preparatory Academy, and Monticello Academy, ensures a steady stream of potential customers. The city's amenities, including the Maverik Center, Utah Cultural Celebration Center, Stonebridge Golf Course, and Valley Fair Mall, also contribute to its appeal as a dining destination. Overall, West Valley City's unique blend of infrastructure, education, and entertainment options makes it an attractive location for restaurants looking to establish a strong presence in the region.
With 4 restaurants for sale in West Valley City, investors have a range of options to choose from. The city's restaurant scene is complemented by its other commercial properties, including apartment buildings, shopping centers, specialty properties, and hotels. For instance, apartment buildings in West Valley City offer investors a chance to capitalize on the city's growing residential market, while shopping centers provide a platform for retailers to establish a presence in the area. Specialty properties, such as office spaces and warehouses, cater to the needs of businesses operating in the region, and hotels provide accommodation options for visitors and travelers. Overall, West Valley City's diverse range of commercial properties makes it an attractive location for investors looking to diversify their portfolios. The city's unique blend of infrastructure, education, and entertainment options, combined with its growing population and diverse economy, make it an ideal location for businesses looking to establish a strong presence in the region.
What is the average cost per square foot for a restaurant in West Valley City?
According to current listings, the average cost per square foot for a restaurant in West Valley City is $368 USD per square foot, with an average size of 4,207 square feet and a largest size of 9,080 square feet, offering a range of options for restaurateurs looking to establish a presence in this city of around 140,000 people, served by major transportation facilities like the West Valley Intermodal Hub and the Maverik Center, and featuring a diverse economy with major employers in industries such as outdoor recreation, transportation, and health sciences.
What factors determine the value of a restaurant for sale in West Valley City?
The value of a restaurant for sale in West Valley City is determined by a combination of factors, including:
- Location, with proximity to major transportation hubs like the West Valley Intermodal Hub and the Maverik Center, as well as accessibility to main roads like I-215 and SR-201, being highly desirable;
- The restaurant's size, with an average size of 4,207 square feet, and a maximum size of 9,080 square feet, affecting its capacity and potential revenue;
- The restaurant's financial performance, including its average price per square foot of $368 USD and average cap rate of 5.4%, which can impact its overall value and attractiveness to potential buyers.
