Remodeled Retail Unit with
1951 N Sequoia Ave, Simi Valley, CA 93063
For Sale
Contact for pricing
Newly remodeled retail suite with private restroom, HVAC, and dedicated on-site parking.
Property Size4,521 SF
Days on Market145
Property Features for 1951 N Sequoia Ave
General Information
Standard status
Size
Property subtype
Lease Term
Additional Details
Traffic Count
Building Details
Building Size
Properties For Sale
at 1951 N Sequoia Ave
Suite D
Size
765 SF
Type
Strip Center
Term
Negotiable
Listed By:
Dave O'Connell · License CA #01398651
(818) 917-3020
Source:
Cbm1
Added: Jun 24
Changed: Nov 14
Last Checked: Nov 14 at 2:23AM
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 Dave O'Connell
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Investment Insights
Based on property information with market context.
Unit D is a newly remodeled retail space in excellent vanilla shell condition, measuring approximately 765 square feet. The suite includes an updated private restroom, along with refreshed ceiling, lighting, flooring, and HVAC. It is renovated and ready to operate as a standard retail unit.
The property is positioned for strong street visibility, supported by pole signage and ample parking in a dedicated on-site lot. Public remarks also note its location at a major signalized intersection with approximately 28,000 CPD.
This suite is well-suited for retailers seeking a turn-key, modernized environment with core improvements already completed, including a private restroom and in-unit HVAC. Dedicated on-site parking supports customer access, while the visibility and signage help draw attention from passing traffic.
The property is positioned for strong street visibility, supported by pole signage and ample parking in a dedicated on-site lot. Public remarks also note its location at a major signalized intersection with approximately 28,000 CPD.
This suite is well-suited for retailers seeking a turn-key, modernized environment with core improvements already completed, including a private restroom and in-unit HVAC. Dedicated on-site parking supports customer access, while the visibility and signage help draw attention from passing traffic.
Key Highlights
- ±765 SF newly remodeled retail unit (Unit D) in excellent vanilla shell condition
- Updated private restroom, ceiling, lighting, flooring, and HVAC in Unit D
- Renovated as a standard retail space
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$7,340
Suggested Prices Based on Cap Rates
Cap Rate 5%
$146,800
$146.8K
Cap Rate 7%
$104,857
$104.9K
Cap Rate 9%
$81,556
$81.6K
Market Conditions
NOI Build-Up for 765 SF
Gross rent
$11.1K $14.52/SF
− Vacancy
−$622 −$0.81/SF
EGI
$10.5K $13.71/SF
− OpEx
−$3.1K −$4.11/SF
NOI
$7.3K $9.59/SF
Area
Simi Valley, CA
Vacancy
5.60%
Lease Rate
$14.52 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$146,800
Cap Rate 7%
$104,857
Cap Rate 9%
$81,556
Alternative Uses
Best Use
Retail
$104.9K
$91.8K – $122.3K
NOI $7,340 @ 7.0% cap
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$248.8K
$217.7K – $290.2K
NOI $17,414 @ 7.0% cap
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
28,000 VPD
Traffic count
Location Intelligence
Trade Area within ½ mile
690
Businesses Nearby
9k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 73%
Home Improvements & Furnishings 27%
7-Eleven
Shops & Services
6,595 visits/mo
0.2 miles
Sherwin-Williams Paint Store
Home Improvements & Furnishings
1,579 visits/mo
0.1 miles
Leslie's Pool Supplies
Home Improvements & Furnishings
806 visits/mo
0.1 miles
Demographics for 93063, CA
55,076
Population
20,220
Households
2.7
Avg Household Size
43
Median Age
36%
College-Educated
90%
High-School Grad
36.2 sq mi
ZIP Area
1,521
Density / Sq Mi
$124,030
Median Household Income
$56,868
Median Earnings
$2,385
Median Rent
$746,000
Median Home Value
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Market
Average Price Trend$/SF for Retail space in Ventura County, CA
Properties on Market for Retail space in Ventura County
Vacancy Rate% for Retail in West region
Frequently Asked Questions
What type of property is this?
Retail space - Newly remodeled retail suite with private restroom, HVAC, and dedicated on-site parking.
Where is this retail space located?
The property is located at 1951 N Sequoia Ave Simi Valley, CA.
What are key features of this property?
This property features: ±765 SF newly remodeled retail unit (Unit D) in excellent vanilla shell condition; Updated private restroom, ceiling, lighting, flooring, and HVAC in Unit D; Renovated as a standard retail space
