Established Restaurant in
For Sale
$275,000
751-A Ventura St Unit A, Fillmore, CA 93015
Restaurant
Property Size900 SF
Price / SF$305.56
Days on Market281
Property Features for 751-A Ventura St Unit A
General Information
Standard status
Active
Property type
Conventional restaurants, Restaurants
Size
900 SF
Listing Agency:
Global Executive Investment Group, INC
(818) 262-1013
Listed By:
Horacio · License #01819932
(818) 262-1013
Added: Nov 14, 2025
Changed: Mar 16
Investment Insights
Based on property information with market context.
This is an established gourmet restaurant that has been operating for over six years. It is located in the historic town of Fillmore, California, in a prime location off Highway 126. The restaurant is equipped with state-of-the-art equipment. The property size is 900 square feet.
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$11,579
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.21%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$231,580
$231.6K
Cap Rate 7%
$165,414
$165.4K
Cap Rate 9%
$128,656
$128.7K
Market Conditions
NOI Build-Up for 900 SF
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.
Gross rent
$16.2K $18.00/SF
− Vacancy
−$761 −$0.85/SF
EGI
$15.4K $17.15/SF
− OpEx
−$3.9K −$4.29/SF
NOI
$11.6K $12.87/SF
Area
Ventura County, CA
Vacancy
4.70%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$231,580
Cap Rate 7%
$165,414
Cap Rate 9%
$128,656
Alternative Uses
Best Use
Specialty Retail
$165.4K
$144.7K – $193.0K
NOI $11,579 @ 7.0% cap · market cap 4.21%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$309.0K
$270.4K – $360.5K
NOI $21,628 @ 7.0% cap · market cap 7.86%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
262
Businesses Nearby
84k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 59%
Shops & Services 28%
Groceries 10%
Electronics 2%
McDonald's
Dining
34,871 visits/mo
0.4 miles
El Pescador
Dining
14,737 visits/mo
0.1 miles
Grocery Outlet Bargain Market
Groceries
8,739 visits/mo
0.2 miles
Dollar General
Shops & Services
8,260 visits/mo
0.2 miles
7-Eleven
Shops & Services
6,658 visits/mo
0.4 miles
Demographics for 93015, CA
18,789
Population
6,196
Households
3
Avg Household Size
35
Median Age
16%
College-Educated
78%
High-School Grad
92.8 sq mi
ZIP Area
202
Density / Sq Mi
$90,258
Median Household Income
$40,811
Median Earnings
$1,781
Median Rent
$590,300
Median Home Value
Market
Vacancy Rate% for Retail in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Conventional restaurant - Restaurant
Where is this conventional restaurant located?
The property is located at 751-A Ventura St Unit A Fillmore, CA.
What is the asking price?
The asking price for this property is $275,000.
