Lakewood, California, offers a unique opportunity for investors to capitalize on the city's growing demand for commercial properties, particularly warehouses. With a population of approximately 80,000 residents, Lakewood provides a stable and diverse economic base, making it an attractive location for businesses and investors alike. Warehouses in Lakewood can represent a range of investment opportunities, from light industrial and manufacturing to storage and distribution facilities. The city's strategic location, with easy access to major transportation routes, including the San Gabriel River Freeway (I-605) and Lakewood Boulevard, makes it an ideal hub for logistics and supply chain operations. Additionally, Lakewood's highly rated school districts, including Long Beach Unified School District and ABC Unified School District, and its proximity to institutions like Lakewood Regional Medical Center, contribute to the city's appeal as a place to live and work. The city's unique municipal service provision model, which includes contract services with the Los Angeles County Fire Department and Sheriff's Department, also provides a high level of public safety and emergency services. With its diverse economy, excellent schools, and convenient location, Lakewood is an excellent choice for businesses and investors looking to establish a presence in the region.
Lakewood's warehouse market offers a range of options, with 5 listings currently available. The average price per square foot for warehouses in Lakewood is $308 USD, with an average size of 19,532 square feet. The largest warehouse available in Lakewood is 60,000 square feet. In addition to warehouses, Lakewood also offers a range of other commercial properties, including industrial properties, land, residential income homes, and commercial real estate. Industrial properties in Lakewood can be found along major transportation routes, such as the San Gabriel River Freeway (I-605), and offer easy access to logistics and supply chain operations. Land in Lakewood is available for development, with opportunities for commercial and residential projects. Residential income homes in Lakewood offer a range of investment opportunities, from single-family homes to apartment complexes. Commercial real estate in Lakewood includes office buildings, retail centers, and restaurants, providing a range of options for businesses and investors. Overall, Lakewood's commercial property market offers a diverse range of options, making it an attractive location for businesses and investors looking to establish a presence in the region.
What are the key features investors look for in warehouses in Lakewood?
When searching for warehouses in Lakewood, investors typically look for properties that offer a strategic location, ample space, and favorable market conditions, with key features including:
- Average price per square foot of $308 USD and average size of 19,532 square feet, with the largest available warehouse spanning 60,000 square feet.
- Proximity to major transportation hubs, such as the San Gabriel River Freeway (I-605) and Lakewood Boulevard, to facilitate easy access to neighboring cities and regions.
- A competitive average cap rate of 7.7%, which can help investors gauge the potential return on investment for their warehouse property.
What size warehouses are available to buy in Lakewood?
Warehouse sizes available for purchase in Lakewood range from 19,532 square feet to 60,000 square feet, with an average size of 19,532 square feet.
How much does it cost to buy a warehouse in Lakewood?
Currently, there are 5 warehouses for sale in Lakewood, with an average price per square foot of $308 USD and an average size of 19,532 square feet, ranging from smaller properties to larger ones with a maximum size of 60,000 square feet.
