Whittier, California, offers a diverse range of industrial properties for sale, making it an attractive investment opportunity for businesses and entrepreneurs. With its strategic location in Los Angeles County, Whittier provides easy access to major transportation hubs, including the San Gabriel River Freeway (I-605) and State Route 72. The city's industrial properties are characterized by their proximity to amenities such as the Whittier Health Center, various parks, and sports facilities. Additionally, Whittier is home to several major employers, including PIH Health Hospital, Whittier College, and Rio Hondo College, which contribute to the city's strong economy. The city's Mediterranean climate, with mild winters and warm summers, also makes it an ideal location for businesses that require a stable and predictable environment. With 8 industrial properties available for sale, Whittier offers a range of options for businesses looking to establish or expand their operations in the area.
Whittier's industrial properties are situated near various other property types, including warehouses, land, apartment buildings, and commercial real estate. Warehouses in Whittier offer ample storage space and easy access to transportation hubs, making them ideal for businesses that require large storage facilities. Land for sale in Whittier provides opportunities for developers to build new projects, from residential complexes to commercial centers. Apartment buildings in Whittier offer a range of housing options for residents, from affordable apartments to luxury complexes. Commercial real estate in Whittier includes office buildings, retail spaces, and restaurants, catering to the city's diverse business needs. With its diverse range of properties, Whittier offers a unique blend of industrial, commercial, and residential spaces that cater to various business needs. The average price per square foot for industrial properties in Whittier is $297 USD, with an average size of 65,463 square feet and a largest size of 292,303 square feet. The average cap rate for industrial properties in Whittier is 5.41%.
What is the average price per square foot for industrial properties in Whittier?
The average price per square foot for industrial properties in Whittier is $297 USD.
How do location and transportation access affect industrial property values?
Industrial property values in Whittier, California are significantly influenced by the city's strategic location and transportation access, which provide businesses with convenient connections to major markets, suppliers, and customers.
- Whittier's proximity to major transportation hubs, including the San Gabriel River Freeway (I-605) and State Route 72, enables easy access to neighboring cities, such as Baldwin Park, La Habra, and Downtown Los Angeles, making it an attractive location for industrial properties.
- The city's comprehensive network of bus routes, operated by Metro, Foothill Transit, Montebello Bus Lines, and Norwalk Transit, provides industrial businesses with a reliable workforce transportation system, further enhancing property values.
- With 8 industrial properties available, ranging in size from 65,463 square feet to 292,303 square feet, and an average price per square foot of $297 USD, Whittier offers a diverse range of industrial properties to suit various business needs and budgets.
