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C-2 Retail Shopping Center
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4001-4017 E Main St, Ventura, CA 93003

Established retail property with C-2 zoning and a building constructed in 1978.

Property Size25,500 SF
Price / SF$313.73
Days on Market202

Property Features for 4001-4017 E Main St

General Information

Standard status Active
Size 25,500 SF
Class B
Total Parking Spaces 147
Property subtype Retail
Zoning C-2
Occupancy 100%
Lease Type NNN
Investment Type Stabilized
Net Operating Income $527,058

Additional Details

Cap Rate 6.58%

Building Details

Year Built 1978
Tenancy Multi
Listing Agency: Berkshire Hathaway Commercial Division
Listed By: Mitch Stark · License #CA 01196532
Source: Crexi
Added: Mar 28 Changed: Oct 7 Last Checked: Oct 14 at 10:24PM

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 Berkshire Hathaway Commercial Division

Investment Insights

Based on property information with market context.

This retail property offers 25,500 square feet within an established shopping center setting. Constructed in 1978, the asset is identified for retail use and carries C-2 zoning.

The property is located at 4001-4017 E Main St in Ventura, California. The offering reflects a reported 6.58% CAP rate for the property.

Key Highlights

  • 25,500 square feet of retail property
  • C‑2 zoning
  • Constructed in 1978

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$408,265
Cap Rate
5.10%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$8,165,300 $8.2M
Cap Rate 7%
$5,832,357 $5.8M
Cap Rate 9%
$4,536,278 $4.5M
Market Conditions
NOI Build-Up for 25,500 SF
Gross rent
$612.0K $24.00/SF
− Vacancy
−$28.8K −$1.13/SF
EGI
$583.2K $22.87/SF
− OpEx
−$175.0K −$6.86/SF
NOI
$408.3K $16.01/SF
Area
Ventura County, CA
Vacancy
4.70%
Lease Rate
$24.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$8,165,300
Cap Rate 7%
$5,832,357
Cap Rate 9%
$4,536,278

Alternative Uses

Best Use
Retail
$5.83M
$5.10M – $6.80M (±1% cap)
NOI $408,265 @ 7.0% cap · market cap 5.10%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$8.75M
$7.66M – $10.21M (±1% cap)
NOI $612,783 @ 7.0% cap · market cap 7.66%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Restaurant Real Estate Agency Hair Salon Spa & Massage Center Nail Salon Food Market

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

535
Businesses Nearby
25k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 100%
Jersey Mike's Subs Dining
10,904 visits/mo 0.4 miles
Starbucks Dining
10,854 visits/mo 0.4 miles
Domino's Pizza Dining
3,243 visits/mo 0.5 miles

Demographics for 93003, CA

50,558
Population
20,734
Households
2.4
Avg Household Size
42
Median Age
41%
College-Educated
92%
High-School Grad
20.8 sq mi
ZIP Area
2,431
Density / Sq Mi
$100,300
Median Household Income
$50,185
Median Earnings
$2,173
Median Rent
$781,600
Median Home Value

Market

Vacancy Rate% for Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Established retail property with C-2 zoning and a building constructed in 1978.
Where is this retail space located?
The property is located at 4001-4017 E Main St Ventura, CA.
What is the asking price?
The asking price for this property is $8,000,000.
What are key features of this property?
This property features: 25,500 square feet of retail property; C‑2 zoning; Constructed in 1978
(805) 969-5026 Call to check price and availability
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