Moorpark Industrial Investment
For Sale
$3,200,000
554 Flinn Avenue, Moorpark, CA 93021
Long-term tenant, high-tech industrial operator, light industrial-flex zoning.
Property Size17,772 SF
Days on Market342
Property Features for 554 Flinn Avenue
General Information
Standard status
Active
Size
17,772 SF
Property subtype
Industrial
Taxes and HOA fees
Annual Taxes
$15,180
Building Details
Building Size
17,772 SF
Year Built
1984
Listing Agency:
John W. Newton & Associates, Inc.
Listed By:
John Newton · License #00925471
(805) 378-0070
Source:
Truthrealty
Added: Nov 9, 2025
Changed: Oct 1
Last Checked: Oct 16 at 6:02PM
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 John W. Newton & Associates, Inc.
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Investment Insights
Based on property information with market context.
This property presents a great investment opportunity with a long-term, hi-tech industrial tenant specializing in optics and photonics engineering and manufacturing, operating in a high-security environment. The tenant, Gooch & Housego, is part of an international corporation. The existing 5-year lease extends to September 20, 2030, with a lease rate of $0.85 per square foot NNN, amounting to $13,047.50 per month, plus annual CPI adjustments. The approximate cap rate is 4.9. Lease contracts are available for review and assumption. The property is a free-standing, one-story building with wood-frame and stucco construction and HVAC throughout. It features a 120/208 V 800 Amp Main with 5 sub-panels and one roll-up door. The building includes an approximate 18-foot clear height, 5 offices, a break room, and multiple restrooms. A 2,475 square foot mezzanine provides additional storage. There are 32 on-site parking spaces, with an additional 13 spaces available on the street. Zoned as Light Industrial-Flex, the property allows for future additional commercial retail use opportunities. It is located close to State Route 23/118 Freeway access in the City of Moorpark, Ventura County, CA.
Key Highlights
- Long‑term tenant: Gooch & Housego, an international corporation, with lease until September 20, 2030.
- Stable income stream: $.85/SF NNN, $13,047.50 per month plus annual CPI.
- Attractive Cap Rate: Approximately 4.9.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$181,148
Cap Rate
5.66%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,622,960
$3.6M
Cap Rate 7%
$2,587,829
$2.6M
Cap Rate 9%
$2,012,756
$2.0M
Market Conditions
NOI Build-Up for 17,772 SF
Gross rent
$273.0K $15.36/SF
− Vacancy
−$14.2K −$0.80/SF
EGI
$258.8K $14.56/SF
− OpEx
−$77.6K −$4.37/SF
NOI
$181.1K $10.19/SF
Area
Ventura County, CA
Vacancy
5.20%
Lease Rate
$15.36 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,622,960
Cap Rate 7%
$2,587,829
Cap Rate 9%
$2,012,756
Alternative Uses
Best Use
Industrial
$2.59M
$2.26M – $3.02M
NOI $181,148 @ 7.0% cap · market cap 5.66%
Second Best
Flex RnD
$2.45M
$2.14M – $2.86M
NOI $171,311 @ 7.0% cap · market cap 5.35%
Theoretical Best
Office A
$6.10M
$5.34M – $7.12M
NOI $427,074 @ 7.0% cap · market cap 13.35%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
1,398
Businesses Nearby
Explore this area
Business Placement
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in West region
Frequently Asked Questions
What type of property is this?
Manufacturing property - Long-term tenant, high-tech industrial operator, light industrial-flex zoning.
Where is this manufacturing property located?
The property is located at 554 Flinn Avenue Moorpark, CA.
What is the asking price?
The asking price for this property is $3,200,000.
What are key features of this property?
This property features: Long‑term tenant: Gooch & Housego, an international corporation, with lease until September 20, 2030.; Stable income stream: $.85/SF NNN, $13,047.50 per month plus annual CPI.; Attractive Cap Rate: Approximately 4.9.
