2101 Pickwick Drive Camarillo, CA 93010
L-shaped strip center with diversified tenant mix.
Property Features for 2101 Pickwick Drive
General Information
- Standard status
- Active
- Size
- 25,360 SF
- Lot size
- 1.85 Acres
Building Details
- Year Built
- 1986
Listing office Kidder Mathews of California, Inc. (310) 773-7975
Listing date Jan 16, 2024
Source Compass
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 Kidder Mathews of California, Inc.
Investment Insights
Based on property information with market context.
Key Highlights
- Above 6 Cap Rate with in‑place triple net income, representing a stabilized investment.
- Value‑add component through national credit tenant repositioning potential.
- Large 80,586 SF parcel with dual frontage and excellent ingress/egress.
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $608.6k | $24.00 |
| − Vacancy | −$28.6k | −$1.13 |
| EGI | $580.0k | $22.87 |
| − OpEx | −$174.0k | −$6.86 |
| NOI | $406.0k | $16.01 |
