Los Angeles Shopping Centers for Sale
Shopping Center For Sale in Los Angeles
Los Angeles is a prime location for commercial real estate investing, especially for shopping centers. With a population of about 4 million people, Los Angeles has a strong infrastructure, including a wide network of freeways and public transportation systems like the Metro Rail and Metrolink. This makes commercial areas easily accessible. Los Angeles is also home to top universities such as the University of California, Los Angeles (UCLA) and the University of Southern California (USC), providing a skilled workforce essential for the retail sector. Moreover, the city's varied geography, which includes both urban downtown areas and coastal views, offers unique settings for shopping centers. These cater to a broad and culturally diverse population looking for varied shopping experiences.
In Los Angeles, shopping centers benefit from the city's dense population and its role as a global cultural and economic center, attracting a wide range of retailers and consumers. Beyond shopping centers, Los Angeles has a strong market for apartment buildings, providing housing that suits the city's diverse residents. Restaurants also find success here, drawing in food lovers with Los Angeles's rich culinary scene. Additionally, specialty properties and office spaces gain from the city's economic variety and its significant position in entertainment, technology, and trade.
Learn about Shopping Centers for sale in Los Angeles
How many Shopping Center listings are available for sale in Los Angeles?
What factors should I consider when searching for Shopping Centers in Los Angeles?
How much does it cost to buy a Shopping Center in Los Angeles?
- The average price per square foot for this property type is $492, which provides a gauge for valuing individual properties.
- With the average size of Shopping Centers for sale being 25,663 SF, the approximate cost can be estimated by combining this information with the average price per square foot.
What is the largest Shopping Center available to buy in Los Angeles?
Why is Los Angeles an ideal location for Shopping Centers?
What is the primary shopping street in Los Angeles?
- The iconic Rodeo Drive spans three blocks in the heart of Beverly Hills and hosts some of the world's most upscale boutiques, including brands like Gucci, Prada, and Chanel.
- This famous street, with its recognizable cobblestone walkway and European styled boutiques, attracts a considerable footfall of locals and tourists alike, promoting an active retail environment.
Size Summary For Los Angeles Shopping Centers
| Shopping Center Size | Square Feet |
|---|---|
| Maximum | 171,665 SF |
| Average | 25,663 SF |
| Minimum | 629 SF |
Cap Rate for Los Angeles Shopping Centers
| Shopping Center Cap Rate | Cap Rate Percentage |
|---|---|
| Maximum | 8.00% |
| Average | 5.68% |
| Minimum | 3.80% |
Prices for Los Angeles Shopping Centers
| Shopping Center Price | Price Per SF |
|---|---|
| Maximum | $2,853 Per SF |
| Average | $492 Per SF |
| Minimum | $141 Per SF |
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