Listed by Berkshire Hathaway Commercial Division, Radius Commercial Real Estate & Investments Oxnard
$8,000,000
Main Ventura Shopping Center
Details
APN 079-0-210-270
Property Type Retail
Sub Type Shopping Center
Square Footage 25,500
Cap Rate 6.58%
NOI $527,058
Occupancy 100%
Tenancy Multi
Lease Type NNN
Price per SqFt $314
Class B
Year Built 1978
Acreage 2.430
Zoning C-2
Parking Spaces 147 spaces
Parking Per SqFt 5.76
Investment Type Stabilized
Ground Lease No
Retail | 6.58% CAP | 25,500 SqFt
Marketing description
Outstanding Multi-Tenant Commercial/Retail Property for Sale in Prime Ventura, CA location.
25,500 SF on 2.4 acres. 100% leased at 6.58 cap.
Investment highlights
- ±25,500 Sf Commercial/retail Center Consisting of A ±20,000 Sf Multi-Tenant Building and A ±5,500 Sf Restaurant Pad Building Located in Ventura’s Primary Regional Commercial Corridor
- Easy Access to And from Both Us 101 Fwy & Hwy 126
- Major Retail Hub: Property Is Ideally Located in The Heart of A Major Retail Hub Consisting of Over 1 Million Sf of Retail Space Within a Mile Radius with National Tenants Such as Macy’s, Target, Lowes, Kohls, Ross, Sprouts, Winco Foods, and Home
- fantastic Location: Premier Central Ventura Regional Retail Location Directly Across from Target, and On One of The Cities Busiest Streets with Adt in Excess of 30,000 Cars with Ingress and Egress from Both Directions. Additionally, the Property Is Well Positioned Having Direct Access to And from Highways 101 & 126, and Is Located in Close Proximity to Ventura’s Office and Industrial Hub and Medical Centers Creating Strong Daytime Population
- Excel Lent Parking: 147 Parking Spaces Inclusive of 5 Ada Spaces, with a Ratio of Over 5.5 Parks per 1000 Sf Assist with Both Tenant Retention and Customer Satisfaction
- High Barriers to Entry: Ventura’s Limited Growth Policy and Its Reluctance to Develop Agricultural Land Reduces the Chance of Future Commercial Growth Keeping Supply of Commercial Property Fixed Over the Long Term
- Priced Below Replacement Cost: At $313/sf, the Property (land + Building) Can’t Be Recreated at A Total Cost Relative to The Asking Price.
- Attractive Demographic Trends: Strong Migratory Demographic Trends to California’s Central Coast, in Particular Coastal Communities Like Ventura, Will Continue to Attract Millennials for Quality of Life and Strong Employment Opportunities, as Well as Baby Boomers for A “utopian” and “affordable” Beach City Retirement. Due to Its Close Proximity to Los Angeles, Ventura Will Continue to Flourish as A Mecca to Tourists and Residents Alike Due to Its “small Town” Charm and Proximity to Employment and Recreational Opportunities
- Outstanding Trade Area: Strong Demographics Within a 5-Mile Trade Radius with A Population of 162,000 with An Average Household Income of $100,000 and A Daytime Population in Excess of 81,000.
Listing Contacts
Listed by Berkshire Hathaway Commercial Division, Radius Commercial Real Estate & Investments Oxnard
Valuation Calculator
Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$527,058.00
$43,921.50/mo
Valuation Metrics
0
DSCR
6.59%
Cap Rate
6.59%
ROI
Map
Zoning
C-2 CommercialGeneral CommercialGeneral Commercial
View municipality zoning documents Upgrade to see the zone description and what's allowed on this property
Upgrade to search and view land use codes
View all 82 uses
View all 82 uses Last updated May 25, 2026 For deeper zoning details, reports are available at Zoneomics
Broker Selected Comps View More Comps
Property History
Similar Properties
Additional Information
Name
License
Brokerage
Brokerage Phone
Is there information that looks off?
