Ventura Automotive Retail Building For
For Sale
$1,950,000
1858 E Thompson Blvd, Ventura, CA 93001
Automotive retail building with secure yard in Ventura's Mid-Town.
Property Size8,134 SF
Lot Size0.38 Acres
Price / SF$239.73
Days on Market162
Property Features for 1858 E Thompson Blvd
General Information
Standard status
Active
Size
8,134 SF
Lot size
0.38 Acres
Property subtype
Retail
Building Details
Building Size
8,134 SF
Year Built
1973
Listing Agency:
The Becker Group Inc
Listed By:
Jeffrey R. Becker CCIM . CPM . RPA · License #01213236
(805) 653-6794
Source:
Beckergrp
Added: Mar 26
Changed: Sep 2
Last Checked: Sep 2 at 4:11PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of The Becker Group Inc
Investment Insights
Based on property information with market context.
This automotive retail building, constructed in 1973, offers approximately 8,134 square feet of space on a 16,440 square foot lot. The building is divided into two sections: a showroom and office area at the front, facing Thompson Blvd, and a service and parts area at the rear, accessible via roll-up doors. The property will be delivered vacant upon the close of escrow. Zoned T4.5 by the City of Ventura, the property is situated in Ventura's Mid-Town district, providing convenient access to the 101 Freeway, various shops, amenities, and restaurants. The location is near numerous residential developments currently under construction. Ventura is a popular destination in Ventura County, known for tourism, beaches, unique shopping and dining experiences, the San Buenaventura Mission, Botanical Gardens, and entertainment options.
Key Highlights
- Rare automotive retail building with secure yard in Ventura.
- Delivered vacant at close of escrow.
- Excellent access to 101 Freeway, shops, amenities, and restaurants in Ventura's Mid‑Town district.
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$135,765
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
6.96%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$2,715,300
$2.7M
Cap Rate 7%
$1,939,500
$1.9M
Cap Rate 9%
$1,508,500
$1.5M
Market Conditions
NOI Build-Up for 8,134 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$209.9K $25.80/SF
− Vacancy
−$15.9K −$1.96/SF
EGI
$194.0K $23.84/SF
− OpEx
−$58.2K −$7.15/SF
NOI
$135.8K $16.69/SF
Area
Santa Clara County, CA
Vacancy
7.58%
Lease Rate
$25.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$2,715,300
Cap Rate 7%
$1,939,500
Cap Rate 9%
$1,508,500
Alternative Uses
Best Use
Retail
$3.14M
$2.75M – $3.66M
NOI $219,711 @ 7.0% cap · market cap 11.27%
Second Best
Industrial
$1.94M
$1.70M – $2.26M
NOI $135,765 @ 7.0% cap · market cap 6.96%
Theoretical Best
Office A
$4.91M
$4.30M – $5.73M
NOI $343,743 @ 7.0% cap · market cap 17.63%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 93001, CA
33,859
Population
14,705
Households
2.3
Avg Household Size
40
Median Age
38%
College-Educated
88%
High-School Grad
96.6 sq mi
ZIP Area
351
Density / Sq Mi
$86,310
Median Household Income
$45,023
Median Earnings
$1,881
Median Rent
$760,700
Median Home Value
Market
Vacancy Rate% for Retail in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Automotive property - Automotive retail building with secure yard in Ventura's Mid-Town.
Where is this automotive property located?
The property is located at 1858 E Thompson Blvd Ventura, CA.
What is the asking price?
The asking price for this property is $1,950,000.
What are key features of this property?
This property features: Rare automotive retail building with secure yard in Ventura.; Delivered vacant at close of escrow.; Excellent access to 101 Freeway, shops, amenities, and restaurants in Ventura's Mid‑Town district.
