Hawthorne, California, offers a unique opportunity for investors to capitalize on the city's growing demand for office properties. With a population of approximately 90,000 residents, Hawthorne is an attractive location for businesses looking to establish a presence in the Los Angeles metropolitan area. Office properties in Hawthorne represent a diverse range of investments, from small, single-story buildings to larger, multi-story complexes. These properties can serve as headquarters for companies, provide space for startups, or offer co-working environments for entrepreneurs. Hawthorne's proximity to Los Angeles International Airport, major transportation routes, and institutions like SpaceX and Tesla make it an ideal location for businesses in the aerospace, technology, and manufacturing sectors. The city's amenities, including the Curtis Tucker Health Center and the Hawthorne Post Office, also contribute to its appeal. Additionally, Hawthorne's Mediterranean climate and abundance of sunshine make it an attractive location for businesses and residents alike.
Hawthorne's office properties are situated in a prime location, with easy access to major transportation routes like the Century Freeway and the San Diego Freeway. The city's office properties are also near other commercial properties, including 11 office properties currently available for sale. In addition to office properties, Hawthorne is also home to commercial real estate, including shopping centers and retail spaces. Apartment buildings and hotels are also available in the area, offering a range of housing options for residents. The city's diverse economy, which includes major employers like SpaceX and Tesla, contributes to its stability and attractiveness to investors. Overall, Hawthorne's office properties offer a unique opportunity for investors to capitalize on the city's growing demand for commercial space.
What is the average price per square foot for office properties in Hawthorne?
As of now, there are 11 office properties for sale in Hawthorne, with an average price per square foot of $393 USD, and an average size of 16,411 square feet, ranging up to 55,874 square feet, offering investors an average cap rate of 9.07%.
What should I know about office property classifications (Class A, B, C)?
When searching for office properties for sale in Hawthorne, it's essential to understand the classification system, which categorizes properties based on their quality, amenities, and location, to make an informed investment 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 tenants, 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 or upgrading, making them a more affordable option for startups or small businesses.
