Anaheim, California, is a prime location for investing in Retail Properties, with its strong economy and diverse range of industries. Retail Properties in Anaheim offer a unique opportunity for investors to capitalize on the city's popularity as a tourist destination and its growing population of approximately 350,000 residents. These properties can represent a variety of investments, from strip centers and shopping malls to freestanding retail buildings and restaurants. With its ideal location in northern Orange County, Anaheim provides easy access to major highways, airports, and transportation hubs, making it an attractive location for businesses and residents alike. The city's amenities, including the Anaheim Convention Center, Angel Stadium, and Disneyland Resort, draw visitors from all over the world, creating a high demand for retail space. Additionally, Anaheim's strong infrastructure, including its municipal-owned water and electric utility, and its decision to bury power lines along major transportation corridors, make it an attractive location for businesses.
With 23 Retail Properties for sale in Anaheim, investors have a wide range of options to choose from. These properties offer an average price per square foot of $477 USD and an average size of 12,264 square feet, with the largest property spanning 43,549 square feet. The average cap rate for Retail Properties in Anaheim is 5%. In addition to Retail Properties, Anaheim also offers a range of other property types, including Shopping Centers, which provide a convenient location for residents and visitors alike; Restaurants, which cater to the city's diverse population; Office Properties, which offer a range of spaces for businesses; and Hotels, which provide accommodations for tourists and travelers. With its strong economy, diverse range of industries, and high demand for retail space, Anaheim is an ideal location for investors looking to capitalize on the city's growth and popularity.
What is the average cap rate for retail properties in Anaheim?
For investors seeking to capitalize on Anaheim's strong retail market, the average cap rate for retail properties in Anaheim is 5%, which is a crucial metric to consider when evaluating potential investments. To better understand the significance of this rate, it's essential to know what is a cap rate, which can help you make informed decisions when exploring the 23 available retail properties in Anaheim, with average prices per square foot of $477 USD and average sizes of 12,264 square feet.
How do location and foot traffic affect retail property values?
In Anaheim, where tourism attractions like Disneyland Resort and Angel Stadium draw millions of visitors each year, retail property values are significantly impacted by location and foot traffic. Properties situated in high-traffic areas, such as the Anaheim Resort district or along major roads like Harbor Boulevard, tend to command higher prices due to their proximity to popular destinations and the potential for increased customer exposure.
