For Sale
$1,750,000

361 B St Oxnard, CA 93030

High-Yield, Multi-Tenant Retail Investment

Overview

Added:
Dec 11, 2024
Days on market:
136
This exceptional 7,000 square foot retail storefront, located at 361 South B Street in Oxnard, California (93030), presents a lucrative investment opportunity. The fully-leased property boasts six units currently occupied by five tenants, generating a projected 5.17% capitalization rate. Situated in the vibrant heart of Downtown Oxnard, this prime location offers unparalleled convenience and high visibility. The property is ideally positioned adjacent to a municipal parking structure and within easy walking distance of City Hall, Centennial Plaza (featuring a 14-screen movie theater and diverse restaurants), the Oxnard Transportation Center, and the post office. Numerous other restaurants, shops, and services further enhance the property's desirability and tenant appeal. The building and lot both encompass 7,000 square feet, with a zoning designation of DT-C. The Ventura County Assessor's Parcel Number (APN) is 202-0-092-070. This multi-tenant retail asset offers a compelling blend of strong cash flow, prime location, and significant growth potential, making it an ideal addition to any investment portfolio. The asking price is $1,750,000, translating to $250 per square foot.

Highlights

  • 7,000 SF retail storefront in prime Downtown Oxnard location.
  • Fully leased with five tenants, generating a 5.17% cap rate.
  • Located adjacent to municipal parking and near City Hall, Centennial Plaza, and the Oxnard Transportation Center.
  • 7,000 SF building and lot, DT-C zoning, APN 202-0-092-070.
  • Asking price: $1,750,000 ($250/SF).

Property Details for 361 B St

Property type
Retail properties, Retail space
Square Feet
7,000 SF

Location Insight

City
Oxnard
County
Ventura
State
California
Latitude
34.1991889
Longitude
-119.180185

FAQs

What type of property is this?
Retail property - High-Yield, Multi-Tenant Retail Investment
Where is the retail property located?
The property is located at 361 B St Oxnard, CA.
What is the asking price?
The asking price for this property is $1,750,000.
What are key features of this property?
This property features: 7,000 SF retail storefront in prime Downtown Oxnard location.; Fully leased with five tenants, generating a 5.17% cap rate.; Located adjacent to municipal parking and near City Hall, Centennial Plaza, and the Oxnard Transportation Center.
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].
361 B St
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