409 Avenida De Los ArbolesThousand Oaks, CA 91360

This exceptional investment opportunity presents a well-established 8,000 square foot shopping center in Thousand Oaks, California. Located at 409 E Avenida De Los Arboles, this multi-tenant property boasts a strong 83% occupancy rate with six credit-rated tenants under a NNN lease structure with 10 years remaining. The center features a desirable mix of established neighborhood restaurants and merchants, benefiting from its prime location between Trader Joe's and Rite Aid. Situated in a high-demand, upper-middle-class residential area, the property enjoys high foot traffic due to its proximity to two schools, including Thousand Oaks High School, and Cal Lutheran University, a private university with over 4,100 students and staff located just half a mile away. Built in 1974, the property sits on a 0.8-acre lot and is zoned C2. The asking price is $4,500,000, representing a price per square foot of $562.50 and a compelling 7.46% cap rate. The property also includes a patio area. This is a rare opportunity to acquire a stable, high-performing retail investment in a thriving California community with convenient access to the 101 and 23 freeways. The land value is $128.30 per square foot. The property's APN is 521-0-070-380.