For Sale
$9,381,000

660 Ventura Blvd Camarillo, CA 93010

High-Yield Retail Investment, 100% Leased

Overview

Added:
Dec 11, 2024
Days on market:
137
This exceptional 10,324 square foot retail storefront, situated on a 0.57-acre lot at 660 Ventura Blvd, Camarillo, CA 93010 (APN 229-0-340-040), presents a compelling investment opportunity. Built in 2015 and zoned C1, the property boasts a prime location as an outparcel to the highly successful Camarillo Outlets, benefiting from over 7.2 million annual visitors and proximity to the 101 Freeway (approx. 150,000 vehicles per day), ensuring exceptional visibility. Currently 100% occupied by a strong mix of national and regional tenants including Chipotle, Pick Up Stix, Ubatuba Acai, and Latitude 34, the property generates a substantial Net Operating Income (NOI) of $492,154, resulting in a 5.25% cap rate. The asking price is $9,381,000. A significant advantage is the availability of an assumable loan at an exceptionally low fixed interest rate. The property's multi-tenant structure and the strength of its tenants provide ease of management and resilience against economic fluctuations. This is an irreplaceable asset in a high-demand area with affluent demographics and a large trade area boasting an average household income exceeding $129,000 within a 3-mile radius. This offering represents a rare opportunity to acquire a high-performing, well-located retail investment property with significant upside potential.

Highlights

  • Irreplaceable outparcel to the highly successful Camarillo Outlets, attracting 7.2 million annual visitors.
  • Strong national and regional tenant lineup including Chipotle, Pick Up Stix, Ubatuba Acai, and Latitude 34.
  • Excellent visibility from the 101 Freeway (approx. 150,000 vehicles per day).
  • Assumable loan available at a 4.059% fixed interest rate.
  • Highly affluent demographics within a 3-mile radius, with average household income exceeding $129,000.
  • 2015 construction.

Property Details for 660 Ventura Blvd

Property type
Retail properties, Retail space
Year Built
2015
Lot Size (sq. ft)
24,829 SF

Location Insight

City
Camarillo
County
Ventura
State
California
Latitude
34.2170666
Longitude
-119.065857

FAQs

What type of property is this?
Retail property - High-Yield Retail Investment, 100% Leased
Where is the retail property located?
The property is located at 660 Ventura Blvd Camarillo, CA.
What is the asking price?
The asking price for this property is $9,381,000.
What are key features of this property?
This property features: Irreplaceable outparcel to the highly successful Camarillo Outlets, attracting 7.2 million annual visitors.; Strong national and regional tenant lineup including Chipotle, Pick Up Stix, Ubatuba Acai, and Latitude 34.; Excellent visibility from the 101 Freeway (approx. 150,000 vehicles per day).
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
660 Ventura Blvd
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message