5001 Verdugo Way, Camarillo, CA 93012

4+ Years Remaining on NNN Lease | 12% Percentage Rent of Box Office Sales | Luxury Theatre With Recent Renovations

• Prime Ventura County Location: Situated at 5001 Verdugo Way in Camarillo, CA, this Roxy Stadium 11 Theatre enjoys a strategic location in Ventura County, a highly desirable market with strong demographics. The property benefits from excellent visibility and accessibility, drawing a consistent flow of patrons from the surrounding affluent area. This positioning supports stable foot traffic and long-term demand.

• Luxuriously Renovated Property: The 40,598 square-foot building underwent a $1.8 million renovation in 2020, transforming it into a luxury theatre format. Major upgrades included new seating configurations, state-of-the-art screens, enhanced sound systems, and premium furnishings. These enhancements provide a competitive advantage and attract moviegoers seeking a superior entertainment experience.

Strong Lease Terms With Income Growth Potential:

• Lease Structure and Term: The lease includes 4 years of term remaining with 3 five-year renewal options, demonstrating the tenant’s long-term commitment to the location. This structure provides stability and predictable occupancy for the owner.

• Built-In Rent Growth: 8% rent increases every 5 years provide steady NOI growth and offer a meaningful hedge against inflation. These scheduled escalations support long-term income appreciation.

• Percentage Rent Upside: The lease also features a 12% percentage rent based on box office sales, creating upside potential tied directly to the theatre’s performance. This provision allows ownership to benefit from strong operating results.

• Established Tenant With Proven Success: The Roxy Stadium 11 opened in 2004 and has been a staple in the Camarillo community for over 20 years, consistently delivering strong box office performance. The combination of luxury amenities and a loyal customer base supports ongoing success. This history makes the property an attractive and reliable investment opportunity.

Positioned in a Thriving Commercial Hub:

• Strong Surrounding Retail and Amenities: The property is surrounded by complementary retail, dining, and entertainment options that enhance visibility and drive consistent traffic. This synergy strengthens the site’s appeal as a destination for both local residents and visitors.

• Presence of National and Regional Tenants: Nearby national and regional tenants, including Target, Trader Joe’s, and Home Depot, further bolster the property’s location within a vibrant retail and entertainment corridor. These anchors contribute to sustained consumer activity and long-term market strength.

Strong Demographics in Affluent Trade Area:

• Dense and Affluent Trade Area: The property is located in a densely populated area with over 120,000 residents within a five-mile radius and an average household income exceeding $110,000. These demographics provide a strong foundation for consistent customer demand.

• Supportive Economic Environment: Ventura County’s strong economic base and affluent population support sustained demand for high-quality entertainment options. This stability enhances the long-term viability of the location.

• Proven and Recession-Resilient Business Model: With its luxury format and enhanced amenities, Roxy Stadium 11 caters to moviegoers seeking premium entertainment experiences. The ongoing demand for theatres in high-density, affluent markets supports reliable tenant performance. This resilience remains evident even during challenging economic cycles.