Sushi Restaurant with Bar
For Sale
$580,000
375 Los Angeles Avenue, Moorpark, CA 93021
Recently built restaurant with dedicated sushi-bar and dining-room seating, kitchen infrastructure, and an existing Beer and Wine license.
Property Size1,587 SF
Price / SF$365.47
Days on Market8
Property Features for 375 Los Angeles Avenue
General Information
Standard status
Active
Size
1,587 SF
Property subtype
Business Opportunities
Additional Details
Grease Trap
Yes
Building Details
Year Built
2026
Listing Agency:
Mark III Properties
(626) 287-3348
Listed By:
RYOZO KAJINO · License #01030820
Source:
Xome
Added: Aug 3
Changed: Aug 9
Last Checked: Aug 10 at 2:29AM
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 Mark III Properties
Investment Insights
Based on property information with market context.
This 1,587-square-foot sushi restaurant was built in 2026 and opened on 7/31/2026 following a relocation within the center. The layout includes 11 seats at the sushi bar and 26 seats in the dining room, supported by a walk-in cooler, freezer, and grease interceptor. A Beer and Wine license is also in place.
The property is located at 375 Los Angeles Avenue in Moorpark, California. The existing lease runs through 3/31/2029 and includes a 5-year option, providing a defined occupancy term for the restaurant operation.
The property is located at 375 Los Angeles Avenue in Moorpark, California. The existing lease runs through 3/31/2029 and includes a 5-year option, providing a defined occupancy term for the restaurant operation.
Key Highlights
- 1,587 SF sushi restaurant built in 2026
- 11 sushi‑bar seats and 26 dining‑room seats
- Opened on 7/31/2026 after relocation within the center
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
$20,418
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
3.52%
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%
$408,360
$408.4K
Cap Rate 7%
$291,686
$291.7K
Cap Rate 9%
$226,867
$226.9K
Market Conditions
NOI Build-Up for 1,587 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
$28.6K $18.00/SF
− Vacancy
−$1.3K −$0.85/SF
EGI
$27.2K $17.15/SF
− OpEx
−$6.8K −$4.29/SF
NOI
$20.4K $12.87/SF
Area
Ventura County, CA
Vacancy
4.70%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
25.00%
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%
$408,360
Cap Rate 7%
$291,686
Cap Rate 9%
$226,867
Alternative Uses
Best Use
Specialty Retail
$291.7K
$255.2K – $340.3K
NOI $20,418 @ 7.0% cap · market cap 3.52%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$544.8K
$476.7K – $635.6K
NOI $38,137 @ 7.0% cap · market cap 6.58%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Yes
Grease trap
Location Intelligence
Trade Area within ½ mile
876
Businesses Nearby
391k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 42%
Superstores 20%
Shops & Services 18%
Apparel 18%
Target
Superstores
77,844 visits/mo
0.2 miles
In-N-Out Burger
Dining
50,622 visits/mo
0.2 miles
T.J. Maxx
Apparel
33,944 visits/mo
0.2 miles
Kohl's
Apparel
29,952 visits/mo
0.3 miles
McDonald's
Dining
28,470 visits/mo
0.3 miles
Demographics for 93021, CA
38,103
Population
12,103
Households
3.1
Avg Household Size
39
Median Age
45%
College-Educated
91%
High-School Grad
47.8 sq mi
ZIP Area
797
Density / Sq Mi
$149,848
Median Household Income
$55,770
Median Earnings
$2,651
Median Rent
$862,600
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?
Conventional restaurant - Recently built restaurant with dedicated sushi-bar and dining-room seating, kitchen infrastructure, and an existing Beer and Wine license.
Where is this conventional restaurant located?
The property is located at 375 Los Angeles Avenue Moorpark, CA.
What is the asking price?
The asking price for this property is $580,000.
What are key features of this property?
This property features: 1,587 SF sushi restaurant built in 2026; 11 sushi‑bar seats and 26 dining‑room seats; Opened on 7/31/2026 after relocation within the center
