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Commercial Real Estate in Buena Park, CA - 50 Properties Available

Buena Park, CA Economic Overview

Location Photo

Buena Park is located in northwestern Orange County, which is the most populated county in California, behind Los Angeles and San Diego counties. This 10.5-square- mile city is home to nearly 83,000 residents and is located 5 miles from Disneyland, 10 miles from Huntington Beach, 12 miles northwest of Santa Ana, and 20 miles from Downtown Los Angeles. The commercial real estate market in Buena Park is driven by its major tourist attractions and the manufacturing and retail industries within the city.

Buena Park's economy is heavily driven by its popular E-Zone, or Entertainment Zone. Located on and around Beach Boulevard just south of State Route 91, the Zone is home to popular tourist attractions such as Knott's Berry Farm, Medieval Times Dinner & Tournament, Knott's Soak City U.S.A., and Pirate's Dinner Adventure that attract over 6.4 million visitors from around the world each year.

With a median household income of nearly $71,000 and an unemployment rate of just 3.8%, the economy in Buena Park remains strong with a stable employment base and a 2% growth in median household income over the last year alone.

Buena Park, CA Commercial Real Estate Market

The Buena Park commercial real estate market is heavily driven by tourism, which is a major focus of the city's charm and appeal. The Beach Boulevard Entertainment Zone in Buena Park attracts 6.4 million visitors each year, and the city's goal is to increase that number to a staggering 10.7 million annual visitors. The Zone is anchored by Knott's Berry Farm & Soak City Water Park, Medieval Times, Pirates Dinner Theatre, Rock & Brews, The Source, and Porto's Bakery & Cafe. Throughout Buena Park's Entertainment Zone there are 15 hotels, with over 2,000 rooms and 25 restaurants. All this just six miles from the world-famous Disneyland Resort.

Often thought of as the 'Center of Southland' due to its easy access to both the SR-91 and I-5 freeways, Buena Park is also home to a thriving Auto Center complex and over 100 manufacturing and warehousing companies including Nutrilite, Georgia Pacific, Leach International, and Yamaha Music.

Buena Park commercial districts are mainly located in the northwestern and northern parts of the city, near the I-5 Santa Ana Freeway, neighboring La Palma and Cerritos to the west, La Mirada to the north, and Fullerton to the east. Beach Boulevard runs north- south through Buena Park and provides access to the residential, commercial, and entertainment areas of the City, while the State Route 91 Artesia/Riverside Freeway bisects the city and runs east-west passing through residential areas of Buena Park to the south and commercial areas to the north.

Buena Park, CA Office Sales Volume

Data provided by Yardi Matrix, for properties larger than 50K SF, which sold at over $5M.

Buena Park, CA Office Transactions

Data provided by Yardi Matrix, for properties larger than 50K SF, which sold at over $5M.

Buena Park, CA Commercial Inventory Breakdown

Office Spaces

Total: 746,628 SF

Data provided by Yardi Matrix, properties over 50k SF, includes office with retail

By square footage range:

  • 50k to 100k SF: 328,553 SF / 44% of total office
  • 100k to 500k SF: 418,075 SF / 56% of total office

By class:

  • Class A: 179,343 SF / 24.02% of total office
  • Class B: 567,285 SF / 75.98% of total office

Industrial

Total: 8,862,579 SF

Data provided by Yardi Matrix, properties over 50k SF

By square footage range:

  • 50k to 100k SF: 376,975 SF / 4.25% of total industrial
  • 100k to 500k SF: 6,713,890 SF / 75.76% of total industrial
  • 500k to 1M SF: 1,771,714 SF / 19.99% of total industrial

By class:

  • Class A: 4,420,028 SF / 49.87% of total industrial
  • Class B: 4,442,551 SF / 50.13% of total industrial

Employment in Buena Park, CA

Employment

Job growth in Buena Park has remained steady, with a labor force of over 38,000 in the city. More than 40% of the labor force in Buena Park works in the areas of administration, food service, sales, and personal care & service.

Top employers in Buena Park include:

  • Knott's Berry Farm with over 5,000 employees,
  • Prologis with 800, Leach with nearly 500,
  • Access Business Group with nearly 500,
  • PepsiCo with over 475 workers,
  • J.C. Penney with nearly 400 employees,
  • ADP with nearly 400,
  • Yamaha with nearly 350 workers,
  • RIA Financial Services with over 300,
  • City of Buena Park with over 300 people.

Education in Buena Park, CA

Public schools in Buena Park are served by seven different school districts, including the Buena Park School District, Fullerton Joint Union High School District, Anaheim Union High School District, and the Centralia, Cypress, and Magnolia School Districts.

Post-secondary students in Buena Park have access to some of the best colleges and universities in Orange County, including Irvine Valley College, Concordia University, University of California at Irvine, Saddleback College, Chapman University, and California State University at Fullerton.

Commuting Time in Buena Park, CA

The average commuting time in Buena Park is nearly 29 minutes, one of the longest average commutes in both Orange County and the Los Angeles - Long Beach - Anaheim Metropolitan Area. In addition, over 3% of the workforce has a super commute of 90 minutes or more, while over 10% carpool to work each day and 3% use some form of mass public transit.

Due to its location in Orange County both business and residents have a variety of transportation options:

  • State Route 91 and the I-5 Santa Ana Freeway both pass through Buena Park,
  • Bus service in Buena Park is provided by the Orange County Transportation Authority,
  • Commuter rail service in the city is provided by Metrolink,
  • Freight rail service in Buena Park is provided by Union Pacific and BNSF,
  • The international shipping Port of Long Beach and the international shipping Port of Los Angeles are in close proximity to the city,
  • Long Beach Airport is 13 miles southwest of Buena Park.

Buena Park Demographics

Population

  • Total Population83,020
  • Male Population(49.8 %) 41,335
  • Female Population(50.2 %) 41,685
  • Median Age35.90

Income/Financial

  • Average Household Income$86,117
  • Median Household Income$71,005
  • Median Income Under 25$38,571
  • Median Income 25-44$66,988
  • Median Income 45-64$91,941
  • Median Income Over 65$50,254

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