San Angelo, Texas, is an attractive location for investing in Office Properties For Sale, offering a unique blend of small-town charm and big-city amenities. With a population of around 100,000 residents, San Angelo provides a stable and growing market for businesses, making it an excellent choice for office property investments. Office Properties in San Angelo can represent a diverse range of investments, from single-story buildings to multi-story complexes, catering to various businesses, from startups to established corporations. The city's strong economy, fueled by industries like oil-field services, agriculture, telecommunications, manufacturing, and healthcare, ensures a consistent demand for office spaces. San Angelo's infrastructure, including the San Angelo Regional Airport, Greyhound bus service, and Concho Valley Transit District, provides easy access to the city, making it an ideal location for businesses. Additionally, the city's educational institutions, such as Angelo State University and Howard College, attract a skilled workforce, further enhancing the appeal of Office Properties in San Angelo. The city's attractions, including the San Angelo Stock Show and Rodeo, and the San Angelo Museum of Fine Arts, make it an attractive place to live, work, and visit.
San Angelo's Office Properties For Sale market offers a range of opportunities, with 6 listings available. The average price per square foot is $201 USD, and the average size of Office Properties is 19,233 square feet, with the largest property spanning 78,000 square feet. San Angelo's Office Properties also offer a competitive average cap rate of 6.56%. In addition to Office Properties, San Angelo's real estate market includes Commercial Real Estate, with various retail and industrial spaces available. The city is also home to Apartment Buildings, offering a range of residential options. Shopping Centers, like the Sunset Mall, provide ample opportunities for retail investments. Furthermore, Hotels, such as those near the San Angelo Regional Airport, cater to the city's visitors. With its diverse economy, rich history, and small-town charm, San Angelo is an attractive location for investing in Office Properties For Sale.
What is the average price per square foot for office properties in San Angelo?
The average price per square foot for office properties in San Angelo is $201 USD per square foot, with 6 available listings ranging in size from 19,233 square feet to 78,000 square feet, offering investors a diverse range of options to suit their needs and budget.
What should I know about office property classifications (Class A, B, C)?
When searching for office properties for sale in San Angelo, it's essential to understand the classification system, which categorizes properties based on factors such as age, condition, and amenities, to help you make an informed decision.
- Class A office properties are typically modern, high-rise buildings with top-notch amenities, prime locations, and high-end finishes, often attracting high-profile tenants and commanding higher rental rates.
- Class B office properties are generally older, yet still well-maintained, with functional layouts and adequate amenities, appealing to a broader range of tenants and offering more affordable rental rates.
- Class C office properties are often older, with outdated designs and limited amenities, typically attracting smaller businesses or startups and offering the most affordable rental rates.
