Daly City, California, offers a diverse range of Commercial Real Estate for Sale, making it an attractive investment opportunity for those looking to capitalize on the city's strategic location and growing economy. With a population of around 100,000 residents, Daly City provides a unique blend of suburban living and urban amenities, making it an ideal location for businesses and investors alike. Commercial Real Estate in Daly City can represent a variety of investments, including retail spaces, office buildings, and industrial properties, each offering a unique opportunity to tap into the city's growing economy. The city's proximity to San Francisco, excellent infrastructure, and highly-rated educational institutions, such as Jefferson Elementary School District and Jefferson Union High School District, make it an attractive location for businesses and residents alike. Additionally, the city's amenities, including Seton Medical Center, Peninsula Medical Center, and Kaiser Permanente Daly City Medical Center, as well as its parks and recreational facilities, contribute to its desirability. With its unique blend of suburban and urban living, Daly City is an excellent place to invest in Commercial Real Estate, with attractions like the Cow Palace and the annual Grand National Rodeo, Horse & Stock Show drawing visitors from across the region.
With 19 Commercial Real Estate listings available for sale in Daly City, investors have a wide range of options to choose from. In addition to Commercial Real Estate, Daly City also offers Industrial Properties, such as warehouses and manufacturing facilities, which can be found near major transportation hubs like Interstate 280 and State Route 1. Apartment Buildings are another popular investment option in Daly City, with many complexes located near public transportation routes and amenities like Westlake Park and Thornton State Beach. Office Properties, including Class A and Class B office spaces, are also available in Daly City, offering a range of options for businesses looking to establish a presence in the area. Hotels, such as those near the Daly City BART station, round out the range of investment options in Daly City, providing a convenient location for travelers and business visitors. Overall, Daly City's diverse range of Commercial Real Estate and other property types make it an attractive location for investors and businesses alike.
What financing options are available for purchasing commercial real estate?
When it comes to financing options for purchasing commercial real estate in Daly City, there are several alternatives to consider, including:
- Traditional commercial mortgages offered by banks and credit unions, which typically require a 20-30% down payment and offer fixed or adjustable interest rates;
- Small Business Administration (SBA) loans, which provide more favorable terms, such as lower down payments and longer repayment periods, for qualified small businesses;
- Private money lenders and hard money loans, which offer shorter-term, higher-interest financing options for investors and developers who need quick access to capital.
How do cap rates factor into commercial real estate purchases?
When considering commercial real estate purchases in Daly City, it's essential to understand the role of cap rates in your investment decision. With an average cap rate of 6.71%, Daly City's commercial properties offer a promising return on investment, making it crucial to factor this metric into your purchase decision - to learn more about what is a cap rate, check out our article at https://www.loopnet.com/cre-explained/investing/what-is-a-cap-rate/.
Currently, there are 19 available listings of commercial real estate in Daly City, with an average price per square foot of $681 USD and an average size of 11,025 square feet. The largest property available is 137,244 square feet, offering a range of options for investors and businesses alike.
What is considered a commercial property?
In Daly City, California, a commercial property is typically considered any property that is used for business or commercial purposes, such as office buildings, retail spaces, restaurants, warehouses, and shopping centers like the Serramonte Center.
With 19 available listings of commercial real estate in Daly City, investors and business owners can find a range of properties to suit their needs, from small offices to large industrial spaces, with average prices per square foot of $681 USD and average sizes of 11,025 square feet, up to a maximum size of 137,244 square feet, and an average cap rate of 6.71%.
