Anaheim Warehouse Property For Sale & Lease

Anaheim is a city in Orange County, California. The 2010 U.S. Census indicated a population of 336,265 at that time, which made it Orange County’s most populous city, and the 10th most populous in the state. It is also Orange County’s second largest city after Irvine in terms of land area, and it is famous for its convention center, sports teams, and theme parks. Founded in 1857 by 50 German families, it was incorporated in 1876. Since then, the city has grown because of its various industries,including tourism. In 1955, the Disneyland Resort opened, which made the city famous worldwide.

Anaheim Warehouse Building for Sale & Lease – Should You Buy or Lease?

If you are interested in warehouse space, whether it to be used as an investment or for running a business, you have two broad options available to you: buying or leasing. There are pros and cons to both of these options.

Looking first at buying warehouse space, the benefits include:

  • That the costs are fixed, which means business expenses are predictable
  • That you can take advantage of substantial tax deductions, including property taxes and mortgage interest.
  • That you can rent out some of your space out, which allows you to augment cash inflow
  • That you can accumulate money, as the property is likely to appreciate over time.

However, the cons are also vital to consider and these include:

  • Not much flexibility, which means you may have to sell the property sooner than expected if your business either grows or contracts substantially.
  • Having high upfront costs, not in the least a 30% down payment on the mortgage. You will also need to pay for maintenance, appraisal, and other property costs.

Your other option is to lease your warehouse space, which also has significant benefits, including:

  • It is possible to get prime property, which can substantially boost your company‚Äôs reputation
  • You have more working capital because there is no need for a substantial down payment.
  • You can focus on actually running your business, rather than on the problems of property ownership.

However, there are some downsides tool, including:

  • Your costs will gradually increase because rent tends to rise as time goes by.
  • You do not build up any equity in the property, since you don’t own it.

To help choose between the two alternatives, being aware of the trends and statistics in terms of prices, supply, and demand, can be helpful.

Anaheim Warehouse Property for Sale – Trends and Statistics

  • The asking prices for warehouse properties in Anaheim in dollars per square foot is $189.98, which is a 4.4% increase over the past three months, and a 24.6% increase year on year. This is higher than the state (142.69) area, but lower than the metro ($195.29) and county ($222.13) area.
  • The index of total available warehouse properties for sale in Los Angeles-Long Beach-Anaheim is 28, which represents a 6.7% increase over the past three months but a 2.9% decrease year on year.
  • The index of total number of listings of warehouse properties available in Los Angeles-Long Beach-Anaheim is 26, which is a 7.7% increase over the past three months, but a 7.2% increase year on year.
  • The profile view index warehouse property for sale in the Los Angeles-Long Beach-Anaheim metro area is 174, which is a 19.2% increase over the past three months, and a 30.9% increase year on year.
  • The index of total square feet of available warehouse space for sale in the Los Angeles-Long Beach-Anaheim metro area is 26, which is a 0.2% decrease over the past three months, and an 18.8% decrease year on year.

Anaheim Warehouse Property for Lease – Trends and Statistics

  • The current rent for warehouse properties for lease in Anaheim in dollars per square feet per year is $11.91. This represents a 2.6% decrease over the past three months, but a 12.3% increase year on year. This is higher than the state ($10.31) and the metro ($11.75) area, but lower than the county ($12.93) area.
  • The index of total number of warehouse spaces for lease in the Los Angeles-Long Beach-Anaheim area is 34, which represents a 0.5% decrease over the past three months, and an 11.9% decrease year on year.
  • The profile view index for warehouse properties for lease in the Los Angeles-Long Beach-Anaheim area is 128, which is a 51.9% decrease over the past three months, and a 43.5% decrease year on year.
  • The index of total square feet of warehouse space available for lease in the Los Angeles-Long Beach-Anaheim area is 29, which is an 8.7% decrease over the past three months, and a 20.8% decrease year on year.