Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Grocery Anchored Shopping Center Title is generated by Realmo AI

    506 - 642 Las Posas Road, Camarillo, CA 93010

    View on Map
    Claim this Listing
    For Lease
    Contact for pricing

    Recently renovated shopping center with national and local retailers.

    Type:Retail
    Property size:
    8,236 SF
    Added:
    Nov 22, 2025
    Days on Market:
    190
    Last Refresh:
    May 19 at 11:39 pm

    Property Features for 506 - 642 Las Posas Road

    General Information

    Standard status
    Active
    Size
    8,236 SF
    Property subtype
    Retail

    Spaces For Lease

    at 506 - 642 Las Posas Road Contact us

    We can help!

    Listing Contact
    Larry Tanji

    Listing agent Larry Tanji License #1027860

    Listing office CBRE, Inc

    Listing date Nov 22, 2025

    Source Cbre

    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 CBRE, Inc

    HighLights

    • Grocery anchored community shopping center with Ralph's.
    • Recently renovated with a new modern exterior facade.
    • Great visibility along Las Posas Rd & Daily Drive.
    • Excellent access to US 101 Freeway.
    • Great mix of national and local retailers.
    • Shopping center retailers include Starbucks, Dignity Health, Chase, and See's Candies.

    Overview

    This community shopping center is anchored by a grocery store and features a mix of national and local retailers. The property has been recently renovated with a new modern exterior facade. Retailers include Ralph's, Starbucks, Dignity Health, Chase, and See's Candies. The shopping center has great visibility along Las Posas Road and Daily Drive, with excellent access to US 101 Freeway. The property offers 8,236 square feet of retail space.
    Property Profile Location Intelligence

    Current Use by Public Records

    Village Mart Grocery & Convenience Store The Green Olive Camarillo Restaurant

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    • Sunglass Hut — 910 Camarillo Center Dr #802, Camarillo, CA 93010
    • Solaris — 630 Ventura Blvd Suite 1219, Camarillo, CA 93010
    • Camarillo Town Center Shopping Center — 243 W Ventura Blvd, Camarillo, CA 93010
    • Fashion Court — 520 ventura blvd, camarillo, ca 93010
    • Outlet — 520 Ventura Blvd, Camarillo, CA 93010

    Location Insight

    • Map
    • Local Demand
    City
    Camarillo
    County
    Ventura
    State
    California
    Longitude
    -119.069
    Latitude
    34.2228

    Nearby Similar for Lease

    • $2,395/Mo

      Versatile Mixed-Use Space in Camarillo

      Mixed-use property with commercial and residential potential in Camarillo.
      201 Westpark Court, Camarillo, CA 93012
      View Details
    • $1,500/Mo

      Camarillo Office Space Available

      Office space in Camarillo's thriving industrial corridor available for lease.
      4045 Via Pescador, Camarillo, CA 93012
      View Details
    • Sponsored
      $129-$5,704/Mo
      11-1,292 SF

      CA, Camarillo - Camarillo Springs

      803 Camarillo Springs Rd, Unit 1ST, Camarillo, CA 93012
      View Details
    • $1.42 SF/Yr
      4,448 SF

      Camarillo Flex Space For Rent

      High-image industrial condos with freeway access and airport views.
      735 West Ventura Boulevard, Camarillo, CA, 93010
      View Details
    • $1.45 SF/Yr
      4,767 SF

      Camarillo Flex Space Available

      Flex space with office mezzanine, convenient freeway access, and ample parking.
      5251 Verdugo Way, Camarillo, CA, 93012
      View Details
    • $1.35 SF/Yr
      3,460 SF

      Camarillo Ranch Business Center Office

      Two offices in newer industrial building with freeway access.
      4022 Camino Ranchero, Camarillo, CA, 93012
      View Details
    • $2 SF/Yr
      6,785 SF

      Camarillo Business Center Office Space

      Office space in a master-planned business park with freeway access.
      751 East Daily Drive, Camarillo, CA, 93010
      View Details
    • $1.15 SF/Yr
      8,460 SF

      Camarillo Flex Space Available

      Flex space available for lease in Camarillo, California.
      1090 Avenida Acaso, Camarillo, CA, 93012
      View Details
    • $1.25 SF/Yr
      6,905 SF

      Former Theater in Camarillo Center

      Freeway visible mixed-use shopping center, former movie theater space.
      350 - 390 North Lantana Street, Camarillo, CA, 93010
      View Details
    • $1.15 SF/Yr
      17,335 SF

      Camarillo Warehouse with Office Mezzanine

      Warehouse with 2,875 SF office mezzanine and 26' clear height.
      352 Balboa Circle, Camarillo, CA, 93012
      View Details
    • $1.50 SF/Yr
      3,658 SF

      Move-In Ready Office Space

      High-end office space with excellent freeway access.
      912 Pancho Road, Camarillo, CA, 93012
      View Details
    • $1.65 SF/Yr
      25,985 SF

      Camarillo Garden-Style Office Space

      Multi-tenant office space in central Camarillo with freeway access.
      1000 Paseo Camarillo, Camarillo, CA 93010
      View Details

    FAQs

    What type of property is this?
    Shopping center - Recently renovated shopping center with national and local retailers.
    Where is this shopping center located?
    The property is located at 506 - 642 Las Posas Road Camarillo, CA.
    What are key features of this property?
    This property features: Grocery anchored community shopping center with Ralph's.; Recently renovated with a new modern exterior facade.; Great visibility along Las Posas Rd & Daily Drive.
    (805) 288-4681
    We can help!
    Listing Contact
    Larry Tanji
    Real Estate License ID: 1027860
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    506 - 642 Las Posas Road, Camarillo, CA, 93010
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!