4421 Las Posas RdCamarillo, CA 93010

Property Details for 4421 Las Posas Rd

Year built

1988

Lot size

2.98 AC

Property size (Sq ft)

23,317 SF

Zone code

CPD

Property type

Retail properties

Property subtype

Strip malls

APN

167-0-250-385

APU

1670250385

Description

This exceptional opportunity presents the acquisition of a thriving Mexican restaurant in Camarillo, CA. Operating successfully for over 14 years, this well-established business boasts a loyal local clientele and strong brand recognition. The sale includes a complete asset package, encompassing all fixtures, furniture, and kitchen equipment. A comprehensive inventory is also included in the asking price of $325,000. The restaurant occupies approximately 4,317 square feet and benefits from a favorable lease with approximately two years remaining, with potential for a five-to-ten-year extension. Monthly lease payments are $8,667, inclusive of all CAM charges and base rent. This turnkey operation offers a seamless transition for a new owner, with all necessary licenses in place, including a full 47 liquor license and an entertainment license. The sale also includes established menus, recipes, and a complete vendor list. Financial records are available for review, reflecting approximately $45,000 in monthly revenue based on the four days of operation (Thursday through Sunday). The restaurant enjoys a prime location in Camarillo, northeast of the 101 freeway, near the intersection of Lewis Road and Las Posas Road, ensuring high visibility and accessibility. This is a rare opportunity to acquire a profitable, established business with significant growth potential.

• CAP approach

  CAP return

  Valuation

  6%

  $10,338,823

  6.5%

  $9,543,529

  7%

  $8,861,849

• Comparable approach

  Method

  Valuation

  Relative Method

  $11,173,581

  Geo Method

  $11,173,581

• Alternative Use

  Use

  Valuation

  Residential

  $8,050,324

  Hospitality

  $7,374,054

  Educational

  $6,135,126

  Medical

  $6,346,122

  Retail

  $9,543,529

Location Insight

City

Camarillo

County

Ventura

State

California

Latitude

34.2424

Longitude

-119.011

CBSA code

37100

CBSA name

OXNARD-THOUSAND OAKS-VENTURA, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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