Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    1940 Newbury Rd Thousand Oaks, CA 91320

    For Lease
    $30 SF/Yr

    Kohl's-anchored center, prime location.

    Lot size:
    26,800 SF

    Description

    Added:
    Feb 13, 2025
    Days on Market:
    306
    This exceptional retail opportunity presents multiple spaces for lease within a thriving community shopping center in Newbury Park, Ventura County. The property, situated on the hard corner of Newbury Park Road and Kelley Road, boasts ±26,800 square feet of total building space and offers three available retail pads ranging from approximately 1,096 to 1,416 square feet. These spaces are ideally suited for quick-serve food users or can be easily adapted for retail or full-service restaurant use. The center enjoys a highly desirable location, benefiting from excellent freeway visibility and ample parking in a large onsite lot. Key anchor tenants include Kohl's, Starbucks, and Sharkey's Fresh Mexican Grill, attracting significant foot traffic. The newer construction features excellent curb appeal. This prime location is strategically positioned to capitalize on the substantial daytime population of the surrounding neighborhood and the proximity to the Amgen Bio-Medical facility. Amgen's large campus across the 101 freeway employs approximately 5,000 workers, representing 8.5% of the city's total employment. The area is exceptionally affluent, with an average annual household income exceeding $140,000 within a two-mile radius, and is surrounded by numerous A+ national retailers. This presents a unique opportunity to establish a business in a high-traffic, high-income area with strong existing tenant synergy.

    Property Features for 1940 Newbury Rd

    General Information

    Property type
    Lifestyle centers
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    26,800 SF
    Total Rate
    67000

    Unit(s) available at that property

    Space
    400
    Size
    1,106 SF
    Rate per SF
    $30
    Space
    200
    Size
    1,096 SF
    Rate per SF
    $30
    Space
    500
    Size
    1,416 SF
    Rate per SF
    $30

    HighLights

    • 26,800 SF shopping center in Ventura County.
    • Three retail spaces available, ranging from 1,096 to 1,416 SF.
    • Kohl's, Sharkey's Fresh Mexican Grill, and Pickles Deli anchored center.
    • Freeway visible with ample on‑site parking.
    • Newer construction with excellent curb appeal.
    • High‑income area with average household income exceeding $140,000 within a 2‑mile radius.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Jiffy Lube® Battery ... Construction Machine Rental Service Pickles Deli Restaurant ... Breakfast Restaurant

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Thousand Oaks
    County
    Ventura
    State
    California
    Longitude
    -118.9218578
    Latitude
    34.1835532

    Nearby Similar for Lease

    • $4,500 /Mo
      1,430 SF

      Thousand Oaks Commercial Lease Opportunity

      Prime location on Thousand Oaks Blvd, ideal for retail/office.
      2410 E Thousand Oaks Blvd, Thousand Oaks, CA 91362
      View Details
    • $1.00 SF/Yr
      17,272 SF

      Medical/Office Space Near Amenities

      Medical/office space near freeway, hospital, university, and shopping center.
      430 E Avenida De Los Arboles, Thousand Oaks, CA 91360
      View Details
    • $1.35 SF/Yr
      11,468 SF

      Thousand Oaks Flex/Industrial/Office Space

      Flex, industrial, and office spaces available for lease.
      703 Rancho Conejo Blvd, Thousand Oaks, CA 91320
      View Details
    • $1.35 SF/Yr
      12,600 SF

      Thousand Oaks Warehouse Space Available

      Industrial warehouse space for lease in Thousand Oaks, California.
      711 Rancho Conejo Blvd, Thousand Oaks, CA 91320
      View Details
    • $2 SF/Yr
      850 SF

      Prime Retail Space on Moorpark

      High-visibility retail space with flexible layout and natural light.
      540 North Moorpark Rd, Thousand Oaks, CA 91360
      View Details
    • $1.75 SF/Yr
      16,895 SF

      Thousand Oaks Office Suites Available

      Office suites for lease in a two-story building.
      2667 N Moorpark Rd, Thousand Oaks, CA 91360
      View Details

    FAQs

    What type of property is this?
    Lifestyle center - Kohl's-anchored center, prime location.
    Where is this lifestyle center located?
    The property is located at 1940 Newbury Rd Thousand Oaks, CA.
    What is the lease rate?
    The lease rate is $30 SF/Yr.
    What are key features of this property?
    This property features: 26,800 SF shopping center in Ventura County.; Three retail spaces available, ranging from 1,096 to 1,416 SF.; Kohl's, Sharkey's Fresh Mexican Grill, and Pickles Deli anchored center.
    Request Owner's contact information
    1940 Newbury Rd Thousand Oaks, CA 91320
    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.
    1940 Newbury Rd
    Thousand Oaks, CA 91320
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    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.

    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.

    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
    1940 Newbury Rd Thousand Oaks, CA 91320
    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
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.