Downey Commercial Real Estate – Market Overview – Retail Properties

According to Crexi.com the following is Downey’s Retail property stats:

Median Capitalization Rate in Downey is = 5%.

Average Price Per Square Foot in Downey is = $523. 

Retail Properties in Downey is = 56,739 Square Feet.

If you would like a market value and Capitalization rate calculation on any of your properties Call: Fernando Spindola, or use the contact form here.

In their July 2023 Commercial Real Estate Market Insights Retail Properties info NAR.Realtor said: 

Due to the emergence of e-commerce, the “traditional” retail sector has been challenged over the past decade, with the pandemic decreasing activity even further. However, the retail sector was able to remain stronger than pre-pandemic. The vacancy rate has been unchanged for the last three quarters at 4.2%, the lowest vacancy rate among all the sectors- With inflation easing further and interest rates to stabilize later this year, the demand for retail space is expected to remain robust.

Fernando Spindola