Commercial Real Estate in Simi Valley, California, presents a lucrative investment opportunity for those looking to capitalize on the city's strategic location and growing economy. With 20 listings available, Simi Valley offers a diverse range of commercial properties, including office spaces, retail centers, and industrial facilities. These properties can represent a variety of investments, from single-tenant buildings to multi-tenant complexes, and can cater to different business needs and industries. Simi Valley's proximity to Los Angeles and its access to major transportation routes make it an attractive location for businesses, with amenities like the Simi Valley station, which connects to the Ventura County Line, and the Montalvo Cutoff railroad line. The city's Mediterranean climate, with warm summers and mild winters, also makes it an appealing location for businesses and residents alike. Additionally, Simi Valley is home to several major employers, including Bank of America and the former Volkswagen of America Design Center, and is surrounded by institutions of higher education, such as Moorpark College and Cal State Northridge.
Simi Valley's commercial real estate market offers a unique blend of opportunities, with properties ranging from small office spaces to large industrial facilities. In addition to commercial properties, the city is also home to a range of other property types, including industrial properties, which are ideal for manufacturing and logistics businesses; apartment buildings, which offer a steady income stream; office properties, which cater to a variety of professional services; and hotels, which take advantage of the city's tourist attractions. The city's location, infrastructure, and amenities make it an attractive location for businesses and investors, with the average price per square foot being $423 USD and the average size of commercial properties being 8,136 square feet. With its diverse economy and growing population, Simi Valley is an ideal location for commercial real estate investments.
What financing options are available for purchasing commercial real estate?
When it comes to financing options for purchasing commercial real estate in Simi Valley, California, there are several alternatives to consider, including:
- Traditional commercial mortgages offered by banks and credit unions, which typically require a 20-30% down payment and offer fixed or adjustable interest rates;
- Small Business Administration (SBA) loans, which provide more favorable terms, such as lower down payments and longer repayment periods, for qualified small businesses;
- Private money lenders and hard money loans, which offer shorter-term, higher-interest financing options for investors and developers.
How do cap rates factor into commercial real estate purchases?
When considering commercial real estate purchases in Simi Valley, California, cap rates play a crucial role in evaluating the potential return on investment. With an average cap rate of 5.23%, investors can gauge the property's income-generating potential, making it essential to understand what is a cap rate and how it impacts their commercial real estate decisions, as explained in our article at what is a cap rate.
In Simi Valley, where there are currently 20 available listings of commercial real estate, investors must carefully consider the cap rate in relation to the property's average price per square foot of $423 USD and average size of 8,136 square feet. By doing so, they can make informed decisions about their commercial real estate investments in this city, which is home to a diverse range of industries and major employers, including machinery and tools, metal industry, and more.
What is considered a commercial property?
In Simi Valley, California, a commercial property is typically defined as a building or land used for business or commercial purposes, such as office spaces, retail stores, restaurants, warehouses, and industrial facilities. With 20 available listings of commercial real estate, Simi Valley offers a range of opportunities for businesses to establish themselves in the area, with average prices per square foot of $423 USD and average sizes of 8,136 square feet.
