Retail Pad Owner-User
475 E Avenida De Los Arboles Thousand Oaks, CA 91360
For Sale
Contact for pricing
Pending
Rare retail pad for sale with future rental income.
Property Size7,193 SF
Days on Market636
Property Features for 475 E Avenida De Los Arboles
General Information
- Standard status
- Pending
- Size
- 7,193 SF
- Property subtype
- Retail
Building Details
- Year Built
- 1990
Listing Agency:
PCI Commercial Realty Group
Listed By:
Paul Forbat · License #CA 01097663
Source:
Crexi
Added: Oct 30, 2024
Changed: Jul 6
Last Checked: Jul 25 at 3:08PM
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 PCI Commercial Realty Group
Investment Insights
Based on property information with market context.
This is a rare opportunity to acquire a high-visibility retail pad suitable for owner occupancy. The available space is 4,460 square feet, with potential rental income from American Family Care Urgent Care, scheduled to open in 2025 in the adjacent unit. The building, constructed by the seller, has never been traded. It is located next door to Trader Joe’s, offering the benefit of high customer traffic. University Shopping Center hosts a variety of daily needs-focused businesses, including restaurants, health and beauty services, convenience stores, and specialty services. Ideally situated at the signalized intersection of Moorpark Road and Avenida de los Arboles, the property is a mile west of the 23 Freeway and less than three miles from the 101 Freeway. It is centrally located and accessible from all directions, with Cal Lutheran University, Thousand Oaks High School, and Los Robles Medical Center nearby. Residents from Moorpark, Simi Valley, and Westlake Village regularly visit this center. The property offers potential for Small Business Administration (SBA) financing, allowing qualified owner-users to finance up to 90% of the total acquisition price, including business-related improvements, provided the buyer occupies at least 50% of the property. The property size is 7,193 square feet.
Key Highlights
- Rare owner‑user opportunity to occupy 4,460 sq ft retail space with income from adjacent American Family Care Urgent Care (opening 2025).
- Located next door to Trader Joe's, benefiting from high customer traffic.
- Potential for 90% LTV SBA financing for qualified owner‑users.
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 | $179.5k | $24.96 |
| − Vacancy | −$11.7k | −$1.62 |
| EGI | $167.9k | $23.34 |
| − OpEx | −$50.4k | −$7.00 |
| NOI | $117.5k | $16.34 |
7,193 SF · lease $24.96/SF/yr · vacancy 6.50% · expense 30.00%
Alternative Uses
Best Use
Retail
$1.68M
$1.47M – $1.96M
NOI $117,507 @ 7.0% cap · market cap 3.36%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.82M
$2.47M – $3.29M
NOI $197,294 @ 7.0% cap · market cap 5.64%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
JR Mold Removal ...
Home Inspector
Son Garage Door ...
Building Supply
FAQs
What type of property is this?
Retail space - Rare retail pad for sale with future rental income.
Where is this retail space located?
The property is located at 475 E Avenida De Los Arboles Thousand Oaks, CA.
What is the asking price?
The asking price for this property is $3,500,000.
What are key features of this property?
This property features: Rare owner‑user opportunity to occupy **4,460 sq ft retail space** with income from adjacent American Family Care Urgent Care (opening 2025).; Located next door to Trader Joe's, benefiting from high customer traffic.; Potential for **90% LTV SBA financing** for qualified owner‑users.
