Newport Beach, California, is a prime location for investing in warehouses, offering a unique blend of coastal charm and economic opportunity. Warehouses in Newport Beach represent a diverse range of investments, from small, family-owned operations to large, industrial-scale facilities. With its strong economy, excellent infrastructure, and desirable location, Newport Beach is an attractive destination for businesses and investors alike. The city's amenities, such as the Newport Harbor and Upper Newport Bay, provide a high quality of life for residents and employees, while its proximity to major transportation hubs, including John Wayne Airport and the Pacific Electric Railway, facilitate easy access to markets and supply chains. Additionally, Newport Beach is home to several major corporations, including Pacific Life and PIMCO, and is situated near the University of California, Irvine, providing a skilled and educated workforce. With its beautiful beaches, outdoor recreational opportunities, and cultural attractions like the Balboa Pavilion, Newport Beach is an ideal location for businesses and individuals seeking a unique blend of work and play.
Currently, there are 2 warehouses for sale in Newport Beach, offering a range of options for investors and businesses. The average price per square foot for warehouses in Newport Beach is $604 USD, with an average size of 19,037 square feet. The largest warehouse available is 23,084 square feet. In addition to warehouses, Newport Beach also offers a range of other commercial properties, including industrial properties, land, residential income homes, and commercial real estate. Industrial properties in Newport Beach offer opportunities for manufacturing, logistics, and other industrial uses, while land is available for development and construction projects. Residential income homes provide a chance to invest in the city's thriving rental market, and commercial real estate offers a range of options for retail, office, and other business uses. With its diverse economy, excellent infrastructure, and desirable location, Newport Beach is an attractive destination for businesses and investors seeking a unique blend of opportunity and quality of life.
What are the key features investors look for in warehouses in Newport Beach?
When searching for warehouses in Newport Beach, investors typically look for key features that meet their business needs, including:
- Location: proximity to major roads, such as Pacific Coast Highway (CA-1), Jamboree Road, and MacArthur Boulevard, as well as access to the John Wayne Airport and the Pacific Electric Railway system.
- Space and layout: warehouses with average sizes of 19,037 square feet, up to 23,084 square feet, and flexible layouts to accommodate various business operations.
- Return on investment: a competitive average price per square foot of $604 USD and an average cap rate of , making Newport Beach an attractive location for warehouse investments, with 2 available listings to choose from.
What size warehouses are available to buy in Newport Beach?
Warehouses for sale in Newport Beach range in size from approximately 14,990 square feet to 23,084 square feet, with an average size of 19,037 square feet.
How much does it cost to buy a warehouse in Newport Beach?
Warehouses for sale in Newport Beach can range in price, with an average price per square foot of $604 USD and an average size of 19,037 square feet, making the average total cost around $604 USD * 19,037, and with sizes ranging from 19,037 to 23,084 square feet, providing various options for buyers.
