Office Properties for sale in Edinburg, Texas, offer a unique investment opportunity in a city that is rich in history and culture. With the University of Texas Rio Grande Valley's main campus located in Edinburg, the city has a strong presence of state agencies, healthcare services, and public safety services, making it an attractive location for office properties. These properties can represent a range of investments, from small professional offices to large corporate headquarters, and can cater to various industries, including healthcare, education, and government. Edinburg's strategic location, with easy access to major highways and the South Texas International Airport, makes it an ideal place to invest in office properties. The city's amenities, such as the Museum of South Texas History and the Edinburg Scenic Wetlands, also contribute to its appeal. Additionally, Edinburg is home to several notable companies, including the Texas Department of Health Services and the Texas Department of Public Safety, making it a hub for government offices in Hidalgo County.
Edinburg's office properties for sale offer a range of options, with 6 listings available. The average price per square foot is $695 USD, and the average size is 19,222 square feet, with the largest property spanning 49,591 square feet. The average cap rate is 10.23%. In addition to office properties, Edinburg also offers a range of other commercial properties, including Commercial Real Estate, Apartment Buildings, Shopping Centers, and Hotels. The city's commercial real estate market is diverse, with properties available near the University of Texas Rio Grande Valley and the downtown area. Apartment buildings in Edinburg offer a range of options, from small complexes to large developments. Shopping centers in the city are conveniently located near major highways, making them easily accessible to residents and visitors. Hotels in Edinburg cater to both business and leisure travelers, with options ranging from budget-friendly to luxurious. Overall, Edinburg's office properties for sale offer a unique investment opportunity in a city that is rich in history, culture, and economic growth.
What is the average price per square foot for office properties in Edinburg?
The average price per square foot for office properties in Edinburg is $695 USD.
What should I know about office property classifications (Class A, B, C)?
When searching for office properties for sale in Edinburg, it's essential to understand the classification system, which categorizes properties based on their quality, amenities, and location, to make an informed decision.
- 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 space with standard amenities, located in decent areas, and are suitable for a wide range of businesses, providing a balance between quality and affordability.
- Class C office properties are often older buildings with limited amenities, located in less desirable areas, and may require renovation, but can offer more affordable options for startups or small businesses.
