Manteca, California, offers a unique opportunity for investors to capitalize on the growing demand for shopping centers. With a population of approximately 80,000 residents, Manteca has experienced significant growth since the 1980s, making it an attractive location for businesses and investors alike. Shopping centers in Manteca represent a diverse range of investment opportunities, from strip centers and community centers to power centers and regional malls. These properties can provide a steady income stream and potential long-term appreciation in value. Manteca's strategic location, with easy access to Interstate 5 and State Route 99, makes it an ideal spot for shopping centers, attracting customers from surrounding areas. The city's amenities, including the Doctors Hospital of Manteca, St. Joseph's Medical Center, and Kaiser Permanente Manteca Medical Center, as well as its parks and recreational facilities, such as Woodward Park and Northgate Park, contribute to its appeal. Additionally, the city's commitment to honoring its past through events like the "Not Forgotten Memorial Day Event" showcases its cultural heritage, making it a great place for business and travel.
With 1 shopping centers for sale in Manteca, investors have a range of options to choose from. The average price per square foot for shopping centers in Manteca is $311 USD, with an average size of 18,885 square feet. The largest shopping center available is 18,885 square feet. Manteca's shopping centers offer an average cap rate of 5.06%. In addition to shopping centers, Manteca also offers other investment opportunities, including restaurants, specialty properties, land, and office properties. Restaurants in Manteca benefit from the city's growing population and its location near major highways. Specialty properties, such as those in the historic downtown district, offer a unique charm and character. Land in Manteca is attractive for developers and investors looking to build new projects, while office properties cater to the city's growing business community. Overall, Manteca provides a diverse range of investment opportunities, making it an attractive location for investors.
What is the average cap rate for shopping centers in Manteca?
The average cap rate for shopping centers in Manteca is 5.06%, making it an attractive investment opportunity for those looking to capitalize on the city's growing population and retail sector.
