Courtyard Retail
360-380 E Thousand Oaks Blvd, Thousand Oaks, CA 91360
For Sale
Contact for pricing
Four occupied suites include a paint retailer, hair salon, fitness studio, and specialty fabric shop.
Property Size13,600 SF
Lot Size0.95 Acres
Price / SF$525.74
Days on Market22
Property Features for 360-380 E Thousand Oaks Blvd
General Information
Standard status
Size
Lot size
Property subtype
Occupancy
Site & Location
Anchor Co-Tenants
Highway Access
Additional Details
Tenant in Place
Amenities
landscaped central courtyard
Building Details
Year Built
Year Renovated
Tenancy
Listing Agency:
Kidder Mathews Los Angeles West
Listed By:
Fred Aframian · License #CA 01748185
(818) 693-4241
Source:
Crexi
Added: Oct 19
Changed: Nov 8
Last Checked: Nov 8 at 4:21PM
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 Los Angeles West
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 13,600-square-foot retail center occupies a 0.95-acre parcel at 360–380 E Thousand Oaks Blvd in Thousand Oaks. Built in 1968 and renovated in 2004, it is arranged in two storefront rows around a landscaped courtyard. All four suites are occupied by Dunn-Edwards Paints, a hair salon, a fitness studio, and a specialty fabric retailer.
Dunn-Edwards has been at the property since 2004 and occupies half of its rentable area. Its lease is triple-net, includes annual 3% escalations, and expires in March 2030. The property fronts East Thousand Oaks Boulevard and is approximately two blocks from the US-101/Hampshire Road interchange.
Dunn-Edwards has been at the property since 2004 and occupies half of its rentable area. Its lease is triple-net, includes annual 3% escalations, and expires in March 2030. The property fronts East Thousand Oaks Boulevard and is approximately two blocks from the US-101/Hampshire Road interchange.
Key Highlights
- 13,600 square feet of retail space on a 0.95‑acre parcel
- Four occupied suites: Dunn‑Edwards Paints, a hair salon, a fitness studio, and a specialty fabric retailer
- Dunn‑Edwards has occupied the property since 2004 and leases half of its rentable area
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$222,174
Cap Rate
3.11%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,443,480
$4.4M
Cap Rate 7%
$3,173,914
$3.2M
Cap Rate 9%
$2,468,600
$2.5M
Market Conditions
NOI Build-Up for 13,600 SF
Gross rent
$339.5K $24.96/SF
− Vacancy
−$22.1K −$1.62/SF
EGI
$317.4K $23.34/SF
− OpEx
−$95.2K −$7.00/SF
NOI
$222.2K $16.34/SF
Area
Thousand Oaks, CA
Vacancy
6.50%
Lease Rate
$24.96 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,443,480
Cap Rate 7%
$3,173,914
Cap Rate 9%
$2,468,600
Alternative Uses
Best Use
Retail
$3.17M
$2.78M – $3.70M
NOI $222,174 @ 7.0% cap · market cap 3.11%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$5.33M
$4.66M – $6.22M
NOI $373,028 @ 7.0% cap · market cap 5.22%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
100%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
2,861
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 91360, CA
43,046
Population
15,631
Households
2.8
Avg Household Size
44
Median Age
44%
College-Educated
92%
High-School Grad
15.4 sq mi
ZIP Area
2,795
Density / Sq Mi
$116,729
Median Household Income
$51,132
Median Earnings
$2,412
Median Rent
$887,000
Median Home Value
Market
Vacancy Rate% for Retail in West region
Similar Off Market Nearby
- Vogue Plaza — 358 E Thousand Oaks Blvd, Thousand Oaks, CA 91360
- El Cid Plaza — 171 Thousand Oaks Blvd, Thousand Oaks, CA 91360
- Heritage — 760 Thousand Oaks Blvd, Thousand Oaks, CA 91360
- D & K Plaza — 595 Thousand Oaks Blvd, Thousand Oaks, CA 91360
- 7-Oaks Plaza — 710-711 Thousand Oaks Blvd, Thousand Oaks, CA 91360
Frequently Asked Questions
What type of property is this?
Shopping center - Four occupied suites include a paint retailer, hair salon, fitness studio, and specialty fabric shop.
Where is this shopping center located?
The property is located at 360-380 E Thousand Oaks Blvd Thousand Oaks, CA.
What is the asking price?
The asking price for this property is $7,150,000.
What are key features of this property?
This property features: 13,600 square feet of retail space on a 0.95‑acre parcel; Four occupied suites: Dunn‑Edwards Paints, a hair salon, a fitness studio, and a specialty fabric retailer; Dunn‑Edwards has occupied the property since 2004 and leases half of its rentable area
