Oakland, California, offers a unique opportunity for investors to tap into the city's diverse economy and growing demand for industrial spaces. With 46 warehouses for sale, Oakland presents an attractive option for those looking to invest in this property type. Warehouses in Oakland can represent a range of investments, from small, owner-occupied facilities to large, multi-tenant properties. These properties often feature amenities such as loading docks, cranes, and high ceilings, making them ideal for businesses involved in manufacturing, logistics, and distribution. Oakland's strategic location, with access to the Port of Oakland and major transportation hubs, including San Francisco Bay Oakland International Airport and Amtrak stations, makes it an attractive location for businesses that rely on the movement of goods. The city's strong economy, driven by industries such as technology, healthcare, and green energy, also supports the demand for warehouse space. Additionally, Oakland's diverse neighborhoods, such as Uptown, City Center, and Lake Merritt Financial District, offer a range of opportunities for businesses to establish themselves in the city.
Oakland's warehouse market is characterized by its diversity, with properties ranging in size from 17,702 square feet to 62,000 square feet. The average price per square foot for warehouses in Oakland is $260 USD, and the average cap rate is 6.74%. In addition to warehouses, Oakland also offers a range of other property types, including industrial properties, land, residential income homes, and commercial real estate. Industrial properties in Oakland are often located near major transportation hubs and offer easy access to the city's diverse economy. Land in Oakland is highly sought after, particularly in areas with high demand for housing and commercial development. Residential income homes in Oakland offer investors the opportunity to tap into the city's strong rental market, while commercial real estate in Oakland provides a range of opportunities for businesses to establish themselves in the city. Overall, Oakland's diverse economy and range of property types make it an attractive location for investors.
What are the key features investors look for in warehouses in Oakland?
When searching for warehouses in Oakland, investors typically look for key features that ensure a strong return on investment, including:
- Average price per square foot of $260 USD, with an average size of 17,702 square feet and a maximum size of 62,000 square feet, offering flexibility for various business operations.
- A competitive average cap rate of 6.74%, providing a promising yield on investment, and with 46 available listings, investors have a range of options to choose from.
- Proximity to major transportation hubs, such as the Port of Oakland, San Francisco Bay Oakland International Airport, and Amtrak stations, ensuring easy access to regional and national markets, as well as a strong workforce and amenities like Lake Merritt and Joaquin Miller Park.
What size warehouses are available to buy in Oakland?
Warehouses for sale in Oakland range in size from 17,702 square feet to 62,000 square feet, with an average price per square foot of $260 USD and an average cap rate of 6.74%, offering a variety of options for buyers with different needs and budgets.
How much does it cost to buy a warehouse in Oakland?
As of now, there are 46 available listings of warehouses for sale in Oakland, with an average price per square foot of $260 USD and an average size of 17,702 square feet, ranging from smaller facilities to larger ones with up to 62,000 square feet, and an average cap rate of 6.74%.
