Warehouses for sale in El Monte offer a unique opportunity for investors to tap into the city's growing economy. As a hub for banking and finance, education, transportation, and health services, El Monte provides a diverse range of industries that can benefit from warehouse space. Warehouses in El Monte can represent a variety of investments, from storage and distribution facilities to light manufacturing and assembly plants. With its strategic location near major transportation infrastructure, including Interstate 10 and the San Gabriel Valley Airport, El Monte is an attractive location for businesses that need to move goods and products efficiently. The city's Mediterranean climate and access to amenities like the Monrovia Health Center and the El Monte Comprehensive Health and Mammography Center also make it an appealing location for businesses and residents alike. Additionally, El Monte's rich history and cultural attractions, such as the El Monte Art Walk and the El Monte Historical Museum, make it a great place to live and work.
El Monte is home to 14 warehouses for sale, offering a range of options for investors. In addition to warehouses, El Monte also offers a range of other property types, including Industrial Properties, which can be used for heavy manufacturing and production; Land, which can be developed for a variety of uses; Residential Income Homes, which can provide a steady stream of revenue; and Commercial Real Estate, which can be used for office or retail space. With its diverse economy and range of property types, El Monte is an attractive location for investors looking to diversify their portfolios. The city's unique blend of history, culture, and economic opportunity make it an ideal place to invest in a warehouse or other property type.
What are the key features investors look for in warehouses in El Monte?
When searching for warehouses in El Monte, investors typically look for properties that offer a strategic location, flexibility, and potential for growth, with key features including:
- Average price per square foot of $348 USD, with an average size of 22,940 square feet and a maximum size of 56,496 square feet, providing ample space for operations and storage.
- Average cap rate of 5%, indicating a potential for strong returns on investment, and proximity to major transportation infrastructure, such as Interstate 10, Metrolink's San Bernardino Line, and Metro's J Line, ensuring easy access to markets and suppliers.
- With 14 available listings, investors can find warehouses that meet their specific needs, whether it's a small facility for local distribution or a large space for regional operations, all within a city that offers a strong economic foundation, with major industries in banking and finance, education, transportation, and health services.
What size warehouses are available to buy in El Monte?
Warehouses for sale in El Monte, California, come in a range of sizes, with an average size of 22,940 square feet, and the largest available warehouse spanning 56,496 square feet, offering ample space for businesses to operate and grow.
How much does it cost to buy a warehouse in El Monte?
When it comes to buying a warehouse in El Monte, the cost can vary depending on several factors, including the size and location of the property, with the average price per square foot being $348 USD and the average size of available warehouses being 22,940 square feet, ranging up to 56,496 square feet, and with an average cap rate of 5%.
Currently, there are 14 warehouse listings available in El Monte, offering a range of options for buyers to find the right property that fits their needs and budget.
In addition to the purchase price, buyers should also consider other factors such as property taxes, insurance, and maintenance costs, as well as the potential for rental income and capital appreciation.
Overall, buying a warehouse in El Monte can be a smart investment for businesses and investors looking to establish a presence in this strategic location, with its proximity to major transportation routes and amenities.
