Garden Grove, California, offers a unique opportunity for investors to tap into the city's diverse economy and growing population of around 170,000 residents.Warehouses for sale in Garden Grove are an attractive investment option, providing a stable source of income and potential for long-term appreciation. These properties can represent a range of investments, from light industrial spaces to distribution centers, and offer flexibility for businesses and entrepreneurs. With its strategic location, Garden Grove provides easy access to major transportation routes, including State Route 22, and is close to several major employers, such as the Garden Grove Unified School District and Prime Healthcare Services. The city's amenities, including the Garden Grove Medical Center and several parks, make it an attractive location for businesses and residents alike. Additionally, Garden Grove's proximity to attractions like the Gem Theater and the Festival Amphitheater, which hosts the annual Shakespeare Festival, make it an ideal location for those who value arts and culture.
Garden Grove's warehouse market offers a range of options, with 14 listings currently available. The average price per square foot is $387 USD, and the average size of these properties is 28,543 square feet, with the largest property spanning 103,580 square feet. In addition to warehouses, Garden Grove also offers a range of other property types, including industrial properties, land, residential income homes, and commercial real estate. Industrial properties in Garden Grove provide opportunities for manufacturing and production, while land offers a blank canvas for development. Residential income homes can provide a steady stream of income, and commercial real estate offers a range of options for businesses and entrepreneurs. With its diverse economy and range of property types, Garden Grove is an attractive location for investors and businesses alike.
What are the key features investors look for in warehouses in Garden Grove?
When searching for warehouses in Garden Grove, investors typically look for properties that offer a combination of strategic location, flexible space, and strong potential for returns, considering factors such as:
- Proximity to major transportation hubs, including State Route 22 (Garden Grove Freeway) and the Pacific Electric Railroad, to facilitate efficient logistics and supply chain management.
- Warehouse sizes ranging from 28,543 square feet to 103,580 square feet, with an average price per square foot of $387 USD, to accommodate various business needs and budgets.
- Average cap rates of 14.25%, indicating a potential for strong returns on investment, as well as access to a diverse range of local amenities, including healthcare facilities, parks, and sports facilities.
With 14 available listings of warehouses in Garden Grove, investors have a range of options to choose from, depending on their specific needs and investment goals.
What size warehouses are available to buy in Garden Grove?
Warehouse buyers in Garden Grove can explore a range of options, with available listings totaling 14, featuring average sizes of 28,543 square feet, with the largest warehouse spanning 103,580 square feet, and prices averaging $387 USD per square foot, offering a cap rate of 14.25%.
How much does it cost to buy a warehouse in Garden Grove?
When it comes to buying a warehouse in Garden Grove, the cost can vary depending on factors such as size, location, and condition, but based on current listings, the average price per square foot is $387 USD, with an average size of 28,543 square feet, and an average cap rate of 14.25%, with a total of 14 available listings to choose from.
