Institutional Office Building
711 DAILY DR Camarillo, CA 93010
711 DAILY DR, Camarillo, CA, 93010
Contact for pricing
For Sale
Contact for pricing
Well-maintained office building in Camarillo Business Center with immediate freeway access and largely contiguous space availability.
Property Size41,250 SF
Price / SF$198.79
Days on Market22
Property Features for 711 DAILY DR
General Information
- Standard status
- Active
- Size
- 41,250 SF
- Property subtype
- Office
Building Details
- Year Built
- 1983
Listing agency
Marcus & Millichap Ventura
(818) 212-2744
Listed by
Gary Cohen · License #00988655
Source
Crexi
Added: Jun 30 Updated: Jul 20 at 9:18PM Checked: Jul 20 at 9:18PM
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 Marcus & Millichap Ventura
Investment Insights
Based on property information with market context.
711 E. Daily Drive is a well-maintained, institutional-quality office building totaling approximately 41,250 square feet within the Camarillo Business Center. The property features an efficient design with flexible layout and existing improvements, supported by professional maintenance. Ownership is currently replacing the roof, which is intended to enhance the building’s physical condition and help reduce near-term capital expenditure needs.
The building is positioned with immediate access to the Ventura (101) Freeway, supporting strong visibility and convenient connectivity throughout Ventura County and the greater Los Angeles region.
The property is currently benefiting from a recent vacancy of former anchor tenancy, resulting in largely vacant, contiguous space. This configuration may support owner-occupancy plans requiring immediate occupancy, and it also offers optionality for partial lease-up.
The building is positioned with immediate access to the Ventura (101) Freeway, supporting strong visibility and convenient connectivity throughout Ventura County and the greater Los Angeles region.
The property is currently benefiting from a recent vacancy of former anchor tenancy, resulting in largely vacant, contiguous space. This configuration may support owner-occupancy plans requiring immediate occupancy, and it also offers optionality for partial lease-up.
Key Highlights
- 1983‑built office building totaling approximately 141,250 SF in the Camarillo Business Center
- Immediate access to the Ventura (101) Freeway
- Ownership is in the process of replacing the roof
Local Financial Insights For Office B
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 | $1.09M | $26.40 |
| − Vacancy | −$115.4k | −$2.80 |
| EGI | $973.6k | $23.60 |
| − OpEx | −$243.4k | −$5.90 |
| NOI | $730.2k | $17.70 |
41,250 SF · lease $26.40/SF/yr · vacancy 10.60% · expense 25.00%
Alternative Uses
Best Use
Office B
$10.43M
$9.13M – $12.17M
NOI $730,175 @ 7.0% cap · market cap 8.90%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$14.16M
$12.39M – $16.52M
NOI $991,267 @ 7.0% cap · market cap 12.09%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Mission Without Borders
Charitable Organization
Ventura County Credit ...
Credit Union
Gold Coast Health ...
Insurance Agency
Gallagher Insurance, Risk ...
Insurance Agency
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FAQs
What type of property is this?
Office building - Well-maintained office building in Camarillo Business Center with immediate freeway access and largely contiguous space availability.
Where is this office building located?
The property is located at 711 DAILY DR Camarillo, CA.
What is the asking price?
The asking price for this property is $8,200,000.
What are key features of this property?
This property features: 1983‑built office building totaling approximately 141,250 SF in the Camarillo Business Center; Immediate access to the Ventura (101) Freeway; Ownership is in the process of replacing the roof
