Industrial Properties in Peoria, Arizona, offer a unique investment opportunity for those looking to capitalize on the city's growing economy. These properties, which include warehouses, manufacturing facilities, and distribution centers, provide a range of benefits for businesses and investors alike. With their flexible layouts and adaptable spaces, Industrial Properties in Peoria can accommodate a variety of industries, from logistics and supply chain management to light manufacturing and assembly. The city's strategic location, with easy access to major transportation routes, including Loop 303 and Loop 101, makes it an attractive destination for companies looking to establish a strong presence in the region. Additionally, Peoria's business-friendly environment, with a focus on economic development and job creation, has attracted major corporations like Amkor, a semiconductor plant that has brought around 2,000 new jobs to the city. The city's amenities, including the Peoria Sports Complex, the Peoria Center for the Performing Arts, and nearby Lake Pleasant, also make it an attractive location for businesses and residents alike.
With 9 Industrial Properties for sale in Peoria, investors have a range of options to choose from. These properties offer a unique opportunity to tap into the city's growing economy, with average prices per square foot of $372 USD and average sizes of 8,129 square feet. The largest Industrial Property available in Peoria spans 174,609 square feet, providing ample space for businesses to grow and expand. In addition to Industrial Properties, Peoria also offers a range of other property types, including Warehouses, with their flexible layouts and adaptable spaces; Land, perfect for development or investment; Apartment Buildings, providing a steady income stream; and Commercial Real Estate, offering a range of opportunities for businesses and investors. With its strong economy, business-friendly environment, and range of amenities, Peoria is an attractive destination for investors and businesses alike.
What is the average price per square foot for industrial properties in Peoria?
The average price per square foot for industrial properties in Peoria is $372 USD per square foot, with 9 available listings ranging in size from 8,129 square feet to 174,609 square feet, and an average cap rate of.
How do location and transportation access affect industrial property values?
In Peoria, Arizona, the location and transportation access of industrial properties significantly impact their values, as proximity to major transportation hubs, such as Loop 303 and Loop 101, and access to amenities like the Peoria Sports Complex and Lake Pleasant, can increase property values.
- Industrial properties located near major transportation corridors, like Loop 303, which connects Peoria to other major areas like Surprise, Goodyear, and Interstate 10, tend to have higher values due to their accessibility and convenience.
- Properties with easy access to amenities, such as the Peoria Sports Complex, which attracts visitors and businesses, can also command higher prices due to their desirability and potential for increased foot traffic.
- Furthermore, industrial properties situated near water bodies like Lake Pleasant, which offers recreational opportunities and scenic views, may have higher values due to their unique location and potential for mixed-use development.
