For Sale
$11,500,000

520 Ventu Park RdThousand Oaks, CA 91320

Prime Ventura County Retail Investment

Overview

Added:
Dec 11, 2024
Days on market:
115
This exceptional Class A retail property, located at 520 N Ventu Park Rd in Thousand Oaks, CA 91320, presents a compelling owner-user or investment opportunity. The 14,929 square foot, single-story building sits on a 1.78-acre lot and boasts a desirable C-3 zoning. Built in 2016, the property currently enjoys 64% occupancy with a mix of long-term tenants, generating a strong income stream. Strategically positioned off Highway 101, this multi-tenant storefront benefits from high traffic counts and proximity to major employers, including the Amgen headquarters, Ventura County's largest employer with over 5,500 employees. The property's location on Ventu Park Road, a main thoroughfare connecting Highway 101 to residential areas, ensures excellent visibility and accessibility. The asking price is $11,500,000, translating to $770.31 per square foot. This well-maintained asset offers significant upside potential for investors and the unique advantage of owner-user occupancy. High barriers to entry and strong daytime demographics further enhance its appeal. The property's APN is 526-0-170-130.

Highlights

  • High-Visibility Retail/Commercial Building
  • High Traffic Counts Ensure Excellent Exposure
  • Ideal for Investors or Owner-Occupants
  • Stable, Long-Term Tenants in Place
  • Dense Daytime Population Provides Strong Customer Base
  • Limited Competition Due to High Barriers to Entry

Property Details for 520 Ventu Park Rd

Property type
Retail properties, Retail space
Square Feet
14,929 SF
Class
A
Year Built
2016
Buildings
1
Stories
1

Location Insight

City
Thousand Oaks
County
Ventura
State
California
Latitude
34.1868373
Longitude
-118.9092369
520 Ventu Park Rd, Thousand Oaks, California

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520 Ventu Park Rd
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