Shopping centers in Alameda, California, offer a unique investment opportunity for those looking to capitalize on the city's strong economy and diverse population. With a mix of local and national retailers, shopping centers in Alameda provide a hub for commerce and community activity. Investing in a shopping center in Alameda can represent a range of investment types, from retail and commercial to mixed-use developments. The city's amenities, such as the Alameda Free Library and the Altarena Playhouse, contribute to its appeal as a place to live, work, and shop. Alameda's location in the East Bay region of the Bay Area, with easy access to Oakland and San Francisco, makes it an attractive location for businesses and residents alike. The city's warm-summer Mediterranean climate and scenic waterfront also make it a popular destination for tourists and locals alike.
Currently, there are 3 shopping centers for sale in Alameda, offering a range of investment opportunities. The average price per square foot for shopping centers in Alameda is $774 USD, with an average size of 6,114 square feet. The largest shopping center available for sale is 9,825 square feet. In addition to shopping centers, Alameda also offers a range of other property types, including restaurants, specialty properties, land, and office properties. For example, the city's Park Street Historic Commercial District is a popular location for restaurants and specialty properties, while the Alameda Island offers opportunities for land development. Office properties are also available in the city, with many located near the Alameda Main Street Station, which provides easy access to San Francisco and other Bay Area cities. Overall, Alameda offers a diverse range of investment opportunities, making it an attractive location for businesses and investors.
What is the average cap rate for shopping centers in Alameda?
The average cap rate for shopping centers in Alameda is 7.35%, making it an attractive investment opportunity for those looking to capitalize on the city's diverse economy and strong retail sector.
