Office properties in Bellflower, California, offer a unique investment opportunity for those looking to capitalize on the city's diverse economy and rich history. With a population of approximately 80,000 residents, Bellflower has a strong foundation for businesses to grow and succeed. Office properties in the area can represent a range of investments, from small, single-tenant buildings to larger, multi-tenant complexes. Investing in an office property in Bellflower can provide a stable source of income and long-term appreciation in value. The city's amenities, such as the Clifton M. Brakensiek Library and the Bellflower Unified School District, make it an attractive location for businesses and residents alike. Additionally, the city's proximity to major transportation hubs, including the Lakewood Boulevard Station and the Bellflower Station, provides easy access to Los Angeles and Long Beach. The average price per square foot for office properties in Bellflower is $450 USD, with an average size of 8,870 square feet. The largest office property available in the area is 27,000 square feet.
Office properties in Bellflower are just one of the many investment opportunities available in the city. Other property types, such as commercial real estate, can offer a range of benefits, including high foot traffic and visibility. Apartment buildings in Bellflower can provide a stable source of income through rental properties, with an average cap rate of 5.44%. Shopping centers in the area can offer a mix of retail and dining options, attracting visitors from throughout the region. Hotels in Bellflower can cater to the city's business travelers and tourists, providing a range of amenities and services. With 5 office properties currently available for sale in Bellflower, there are many opportunities to invest in this diverse and growing city. From its rich history to its modern amenities, Bellflower has something to offer for every type of investor.
What is the average price per square foot for office properties in Bellflower?
The average price per square foot for office properties in Bellflower is $450 USD.
What should I know about office property classifications (Class A, B, C)?
When searching for office properties for sale in Bellflower, it's essential to understand the classification system, which categorizes properties based on their quality, amenities, and location, to make an informed investment decision.
- Class A office properties are typically high-rise buildings with modern amenities, prime locations, and high-quality finishes, attracting top-tier tenants and commanding higher rental rates.
- Class B office properties offer functional space with adequate amenities, often located in decent areas, and are suitable for a wide range of tenants, providing a balance between quality and affordability.
- Class C office properties are usually older buildings with limited amenities, located in less desirable areas, and are often in need of renovation, offering lower rental rates and potential for renovation or redevelopment.
