Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    1960 East Thompson Blvd Ventura, CA 93001

    Sponsored
    For Lease
    $2,140 /Mo

    Retail - Ventura, CA

    Type:Retail
    Property size:
    1,070 SF
    Days on Market:
    2
    Last Refresh:
    Mar 4 at 5:06 am

    Property Features for 1960 East Thompson Blvd

    General Information

    Property type
    Commercial Lease
    Property subtype
    Retail
    Standard status
    Active
    Zoning
    T4.5
    APN
    0750082020
    Size
    1,070 SF

    Utilities

    Heating system
    None (Heating)
    Cooling system
    None (Cooling)

    Building Details

    Floors in Building
    1
    Building materials
    Block, Wood Siding
    Architectural style
    Other

    We can help!

    Listing Contact
    Robert Rizzie

    Forsyth & Rizzie Realtors, Inc. (805) 983-2414

    Listing agent Robert Rizzie (805) 983-2414 License #01890570

    Listing date Mar 3, 2026

    MLS# V1-34982 Listing URL

    Copyright © 2026 California Regional MLS - Pasadena-Foothills and Ventura County Coastal. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Ventura Retail Space on Thompson

    This property offers a 1,070 square foot retail space located on Thompson Boulevard in Midtown Ventura. The location provides excellent street visibility along one of the city's main commercial corridors, connecting to Downtown Ventura and the Ventura beachfront. The building features an open floor plan with a large roll-up door, a private restroom, and a flexible layout suitable for retail, showroom, service, or creative use. Recent improvements include a new roof, a new electrical panel, upgraded lighting, and new side fencing. A gated rear area provides secure storage and/or potential on-site parking, a rare amenity in this Midtown location. Convenient access to U.S. Route 101 enhances regional connectivity.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Retail space

    Map

    City
    Ventura
    County
    Santa Clara
    State
    California
    Longitude
    -119.271762
    Latitude
    34.274352

    Nearby Similar for Lease

    • New
      $2,450 /Mo

      Ventura Industrial Unit For Rent

      Versatile 1,444 SF industrial unit in Ventura's commercial corridor.
      2889 Bunsen Ave, Ventura, CA 93003
      View Details
    • $2 SF/Yr
      7,500 SF

      Ventura Retail Space For Rent

      Retail space near Ventura 101 and 126 Freeways.
      3959 E Main St, Ventura, CA 93003
      View Details
    • $5,500 /Mo

      Remodeled Retail/Office Building on Ventura

      Remodeled commercial building with updated restrooms and off-street parking.
      339 N Ventura Ave, Ventura, CA 93001
      View Details
    • $450 /Mo

      Downtown Ventura Single Office Space

      Single office for rent in downtown Ventura, available now.
      1056 E Meta St, Ventura, CA 93001
      View Details
    • Contact for pricing
      14,112 SF

      Mid-Century Class A Office Building

      Remodeled office building with freeway access and retail amenities.
      250 S Mills Rd, Ventura, CA 93003
      View Details
    • $2 SF/Yr
      316,000 SF

      Retail Suites Available For Lease

      Retail suites available for lease at The Willows shopping center.
      6838 Northbank Dr, Ventura, CA 93003
      View Details
    • Contact for pricing
      3,365 SF

      Ventura Office Space Available

      Two-story office building with on-site management in Ventura, CA.
      1000 South Hill Rd, Ventura, CA 93003
      View Details
    • $1.40 SF/Yr
      5,638 SF

      Industrial Unit in Ventura

      Industrial unit available for lease in Ventura, California.
      2005 Palma Dr, Ventura, CA 93003
      View Details
    • $0.18 SF/Yr
      40,000 SF

      Ventura Executive Suites For Lease

      Executive suites for lease in central Ventura location.
      3585 Maple St, Ventura, CA 93003
      View Details
    • $2.00 SF/Yr
      5,000 SF

      Retail Plaza in Ventura Harbor

      Retail and restaurant spaces in mixed-use waterfront development.
      Anchors Way/Schooner Dr, Ventura, CA 93001
      View Details
    • $4,500 /Mo

      Ventura Warehouse Space Available

      Warehouse space for lease in Ventura, California.
      2215 Palma Dr, Ventura, CA 93003
      View Details
    • $3,680 /Mo

      Industrial Space with Mezzanine

      Industrial space for lease featuring mezzanine and ground-level doors.
      1792 Callens Rd, Ventura, CA 93003
      View Details

    FAQs

    What type of property is this?
    Retail space - Prime retail space with excellent visibility in Midtown Ventura.
    Where is this retail space located?
    The property is located at 1960 East Thompson Blvd Ventura, CA.
    What is the lease rate?
    The lease rate is $2,140 /Mo.
    What are key features of this property?
    This property features: - Prime Midtown Ventura location on Thompson Blvd with excellent street visibility.; - Flexible 1,070 SF open floor plan suitable for retail, showroom, service, or creative use.; - Rare gated rear area providing secure storage and/or potential on-site parking.
    (805) 983-2414
    Request Owner's contact information
    1960 East Thompson Blvd Ventura, CA 93001
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1960 East Thompson Blvd
    Ventura, CA 93001
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1960 East Thompson Blvd Ventura, CA 93001
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Robert Rizzie
    Real Estate License ID: 01890570
    (805) 983-2414 (805) 585-9036
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!