Office Properties in Buena Park, California, offer a unique investment opportunity for those looking to capitalize on the city's growing commercial sector. With a population of approximately 80,000 residents, Buena Park has evolved from its agricultural roots to become a residential suburb and commercial hub. The city's diverse economy, which includes major employers like Knott's Berry Farm and The Source OC retail experience, makes it an attractive location for businesses and investors alike. Office Properties in Buena Park offer a range of amenities, including proximity to major transportation hubs, such as the Interstate 5 and California State Route 91, as well as access to quality education institutions, including the Buena Park Library District. Additionally, the city's geography, with its mild climate and scenic views, makes it an ideal location for businesses and residents. With over 16 Office Properties available for sale, investors have a range of options to choose from, including properties with average sizes of 34,174 square feet and average prices of $539 USD per square foot.
Office Properties in Buena Park are just one of the many investment options available in the city. Commercial Real Estate, including properties like shopping centers and retail spaces, offer a range of opportunities for businesses and investors. Apartment Buildings, with their steady stream of rental income, provide a stable investment option. Shopping Centers, like The Source OC, offer a unique retail experience and attract visitors from across the region. Hotels, with their proximity to major tourist attractions like Knott's Berry Farm, provide a lucrative investment opportunity. With its diverse economy and range of investment options, Buena Park is an attractive location for businesses and investors. Whether you're looking to invest in Office Properties or explore other opportunities, Buena Park has something to offer. With its strong infrastructure, quality education institutions, and scenic geography, the city is well-positioned for continued growth and development.
What is the average price per square foot for office properties in Buena Park?
The average price per square foot for office properties in Buena Park is $539 USD per square foot, with 16 available listings ranging in size from 34,174 square feet to 99,417 square feet, and an average cap rate of 6.31%.
What should I know about office property classifications (Class A, B, C)?
When searching for office properties for sale in Buena Park, it's essential to understand the different classifications, which can impact the property's value, amenities, and overall appeal to potential tenants.
- Class A office properties are typically high-rise buildings with top-notch amenities, modern infrastructure, and prime locations, often attracting high-end tenants and commanding higher rental rates.
- Class B office properties offer functional spaces with standard amenities, suitable for a wide range of businesses, and are often priced lower than Class A properties.
- Class C office properties are typically older buildings with limited amenities, often requiring renovation or updating, and are usually the most affordable option.
