Pasadena, California, a city known for its rich history and cultural significance, offers a unique opportunity for investors to capitalize on its growing demand for Warehouses. With 3 Warehouses for sale, Pasadena presents an attractive option for those looking to invest in a city that is home to various scientific, educational, and cultural institutions. Warehouses in Pasadena can represent a range of investments, from industrial properties to commercial real estate, each offering its own unique benefits and opportunities. Pasadena's strategic location, with its proximity to downtown Los Angeles and access to major transportation hubs, makes it an ideal location for businesses and individuals alike. The city's amenities, including the Rose Bowl Aquatics Center, the Rose Bowl Tennis Center, and Huntington Hospital, further enhance its appeal. Additionally, Pasadena's education institutions, such as Caltech and Pasadena City College, contribute to its reputation as a hub for innovation and progress.
Warehouses in Pasadena offer a unique opportunity to tap into the city's growing economy, which is driven by industries such as retail, entertainment, and technology. With major corporations like Idealab, Inter-Con Security, and Green Dot Corporation based in Pasadena, the city is well-positioned for continued growth and development. In addition to Warehouses, Pasadena also offers a range of other property types, including Industrial Properties, which can provide a unique opportunity for businesses looking to establish a presence in the city. Land is also available for development, offering a blank canvas for investors looking to create their own unique project. Residential Income Homes and Commercial Real Estate round out the range of options available in Pasadena, each offering its own unique benefits and opportunities. With its rich history, cultural significance, and growing economy, Pasadena is an attractive option for investors looking to capitalize on the city's potential.
What are the key features investors look for in warehouses in Pasadena?
When searching for warehouses in Pasadena, investors typically look for properties that offer a strategic location, flexible space, and strong potential for returns, considering factors such as:
- Average price per square foot, currently at $531 USD, and average size of 5,280 square feet, with some properties offering up to 10,050 square feet of space.
- Proximity to major transportation hubs, including the Los Angeles Metro A Line light rail and Hollywood Burbank Airport, as well as easy access to freeways like the Foothill Freeway (I-210) and Ventura Freeway (SR 134).
- Average cap rate of , which can indicate a strong potential for returns on investment, especially in a city with a diverse economy and a mix of industries, including retail, entertainment, and technology.
What size warehouses are available to buy in Pasadena?
When it comes to warehouses for sale in Pasadena, you can find properties ranging in size from 5,280 square feet to 10,050 square feet, with an average price per square foot of $531 USD and an average cap rate of , among the 3 available listings.
How much does it cost to buy a warehouse in Pasadena?
When it comes to buying a warehouse in Pasadena, the cost can vary greatly depending on factors such as size, location, and condition, but on average, you can expect to pay around $531 USD per square foot, with the average warehouse size being around 5,280 square feet, and the largest warehouse available being around 10,050 square feet, with an average cap rate of , and with 3 available listings to choose from.
