Buena Park, California, offers a unique opportunity for investors to capitalize on the city's growing commercial sector, particularly in the shopping center market. With a population of approximately 80,000 residents, Buena Park is an attractive location for businesses looking to establish a presence in the southern California region. Shopping centers in Buena Park offer a diverse range of investment opportunities, from small, specialty centers to larger, more comprehensive retail destinations. These properties can provide a stable source of income through rental agreements with tenants, making them an attractive option for investors seeking a relatively low-risk investment. The city's infrastructure, including its transportation network and amenities, supports the growth of shopping centers, with popular attractions like Knott's Berry Farm and The Source OC retail experience drawing visitors from across the region. Additionally, the city's location, bisected by State Route 91, provides easy access to surrounding cities and major highways, making it an ideal location for businesses and residents alike. The presence of notable companies, such as Knott's Berry Farm, and institutions, like the Buena Park Library District, further solidifies Buena Park's position as a desirable location for investment.
Currently, there are 3 shopping centers available for sale in Buena Park, offering a range of investment opportunities. The average price per square foot for these properties is $556 USD, with an average size of 18,411 square feet. The largest property available is 23,882 square feet, providing ample space for a variety of retail and commercial uses. In addition to shopping centers, Buena Park also offers a range of other property types, including restaurants, specialty properties, land, and office properties. For example, restaurants in Buena Park can benefit from the city's tourist attractions, while specialty properties, such as those in the E-Zone district, can capitalize on the area's unique character. Land and office properties are also available, offering opportunities for development and investment in the city's growing commercial sector. Overall, Buena Park's shopping centers and other property types present a compelling investment opportunity for those looking to establish a presence in the southern California market.
What is the average cap rate for shopping centers in Buena Park?
The average cap rate for shopping centers in Buena Park is 5.27%, making it an attractive investment opportunity for those looking to capitalize on the city's strong commercial sector and tourist attractions like Knott's Berry Farm.
