Drive-Thru Endcap Retail
For Sale
$2,700,000
90-94 N Ashwood Ave, Ventura, CA 93003
Endcap retail building featuring a former drug store setup with a drive-thru in an established neighborhood shopping center.
Property Size9,600 SF
Days on Market103
Property Features for 90-94 N Ashwood Ave
General Information
Standard status
Active
Size
9,600 SF
Property subtype
Retail
Building Details
Building Size
9,600 SF
Year Built
1961
Listed By:
Jeffrey R. Becker CCIM . CPM . RPA · License #01213236
(805) 653-6794
Source:
Beckergrp
Added: Jul 22
Changed: Oct 28
Last Checked: Oct 30 at 11:39AM
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 Jeffrey R. Becker CCIM . CPM . RPA
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Investment Insights
Based on property information with market context.
The offering includes a retail building configured as an end cap and previously operated as a drug store, with an existing drive-thru component. The property is presented as part of an established neighborhood shopping center.
The center is described as being adjacent to Ventura College and nearby retailers and businesses including CVS and Denny’s, along with a Tesla charging station. Additional nearby uses referenced include Rincon Brewery and Community Memorial Hospital, supporting a day-to-day commercial environment.
For buyers or tenants seeking a built-in retail endcap with drive-thru functionality, this property provides a specific, operationally oriented configuration within the shopping center setting.
The center is described as being adjacent to Ventura College and nearby retailers and businesses including CVS and Denny’s, along with a Tesla charging station. Additional nearby uses referenced include Rincon Brewery and Community Memorial Hospital, supporting a day-to-day commercial environment.
For buyers or tenants seeking a built-in retail endcap with drive-thru functionality, this property provides a specific, operationally oriented configuration within the shopping center setting.
Key Highlights
- End cap retail building in an established neighborhood shopping center
- Former drug store setup with drive‑thru
- Year built: 1961
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$153,700
Cap Rate
5.69%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,074,000
$3.1M
Cap Rate 7%
$2,195,714
$2.2M
Cap Rate 9%
$1,707,778
$1.7M
Market Conditions
NOI Build-Up for 9,600 SF
Gross rent
$230.4K $24.00/SF
− Vacancy
−$10.8K −$1.13/SF
EGI
$219.6K $22.87/SF
− OpEx
−$65.9K −$6.86/SF
NOI
$153.7K $16.01/SF
Area
Ventura County, CA
Vacancy
4.70%
Lease Rate
$24.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,074,000
Cap Rate 7%
$2,195,714
Cap Rate 9%
$1,707,778
Alternative Uses
Best Use
Retail
$2.20M
$1.92M – $2.56M
NOI $153,700 @ 7.0% cap · market cap 5.69%
Second Best
Specialty Retail
$1.76M
$1.54M – $2.06M
NOI $123,509 @ 7.0% cap · market cap 4.57%
Theoretical Best
Office A
$3.30M
$2.88M – $3.84M
NOI $230,695 @ 7.0% cap · market cap 8.54%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
Who owns this building?
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
535
Businesses Nearby
25k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 100%
Jersey Mike's Subs
Dining
10,904 visits/mo
0.4 miles
Starbucks
Dining
10,854 visits/mo
0.4 miles
Domino's Pizza
Dining
3,243 visits/mo
0.5 miles
Demographics for 93003, CA
50,558
Population
20,734
Households
2.4
Avg Household Size
42
Median Age
41%
College-Educated
92%
High-School Grad
20.8 sq mi
ZIP Area
2,431
Density / Sq Mi
$100,300
Median Household Income
$50,185
Median Earnings
$2,173
Median Rent
$781,600
Median Home Value
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Market
Vacancy Rate% for Retail in West region
Similar Off Market Nearby
- 24/7 Hydration — 41 S Wake Forest Ave #7462, Ventura, CA 93003
- CVS — 5900 Telegraph Rd, Ventura, CA 93003
- Vons Pharmacy — 6040 Telegraph Rd, Ventura, CA 93003
- Richard J. Ando, PharmD — 6040 Telegraph Rd, Ventura, CA 93003
- Maria Teresa M. Barretto, BS — 6040 Telegraph Rd, Ventura, CA 93003
Frequently Asked Questions
What type of property is this?
Drug store - Endcap retail building featuring a former drug store setup with a drive-thru in an established neighborhood shopping center.
Where is this drug store located?
The property is located at 90-94 N Ashwood Ave Ventura, CA.
What is the asking price?
The asking price for this property is $2,700,000.
What are key features of this property?
This property features: End cap retail building in an established neighborhood shopping center; Former drug store setup with drive‑thru; Year built: 1961
