1015 Broadbeck DrThousand Oaks, CA 91320

Property Details for 1015 Broadbeck Dr

Year built

2001

Lot size

1.23 AC

Property size (Sq ft)

10,553 SF

Property type

Strip malls

Property subtype

Neighborhood centers

APN

667-0-290-245

APU

6670290245

Description

The Village at Newbury offers exceptional retail opportunities in a thriving shopping center. This premier location boasts 23,239 square feet of total building space, strategically positioned adjacent to a larger regional center, ensuring high visibility and consistent foot traffic. The center is ranked in the top 1% of strip/convenience centers for annual pedestrian traffic, guaranteeing a strong customer base. Currently, there are several spaces available, providing flexibility for various business needs. A 2,010 square foot vacant space is immediately available, with a minimum divisible space of 1,100 square feet. Larger contiguous spaces of up to 2,825 square feet are also available, ideal for larger retail operations or restaurants. The center features a diverse mix of national and local restaurants and retail establishments, creating a vibrant and attractive shopping environment. This is an unparalleled opportunity to establish or expand your business in a high-traffic, well-established shopping destination. The property is classified as a multi-tenant shopping center, offering a collaborative and dynamic business atmosphere. The available spaces are perfect for a variety of uses, including but not limited to restaurants and general retail. Don't miss this chance to secure a prime location in a top-performing shopping center.

• CAP approach

  CAP return

  Valuation

  6%

  $4,710,752

  6.5%

  $4,348,386

  7%

  $4,037,787

• Comparable approach

  Method

  Valuation

  Relative Method

  $5,057,032

  Geo Method

  $5,057,032

• Alternative Use

  Use

  Valuation

  Residential

  $3,668,026

  Hospitality

  $3,359,892

  Educational

  $2,795,391

  Medical

  $2,891,529

  Retail

  $4,348,386

Location Insight

City

Thousand Oaks

County

Ventura

State

California

Latitude

34.1921

Longitude

-118.938

CBSA code

37100

CBSA name

OXNARD-THOUSAND OAKS-VENTURA, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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