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    453 Channel Is Blvd Port Hueneme, CA 93041

    For Sale
    $3,400,000

    High-yield, 8-tenant shopping center.

    Property size:
    11,412 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional 11,412 square foot shopping center in Port Hueneme, CA, presents a compelling investment opportunity. Located at 453 W Channel Islands Blvd, this single-building property boasts a striking Spanish Colonial Revival architectural style, featuring tile roof accents, arches, and a brick facade. Currently operating at 100% occupancy with eight tenants, the center generates a strong pro-forma NOI of $136,068, resulting in a 4.00% pro-forma cap rate. The asking price is $3,400,000, translating to $297.93 per square foot. The property benefits from high visibility and frontage on Channel Islands Blvd, a major thoroughfare connecting Oxnard and Port Hueneme to the Pacific Ocean and harbor. This net-lease investment offers significant upside potential through value-add opportunities. The property consists of six units within a single building and is situated in Ventura County, zip code 93041. Note that a similar adjacent property is also available for purchase.

    Property Features for 453 Channel Is Blvd

    General Information

    Property type
    Lifestyle centers
    Square Feet
    11,412 SF

    Building Details

    Buildings
    1
    Units
    6

    HighLights

    • 11,412 SF shopping center in Port Hueneme, CA, at 453 W Channel Islands Blvd.
    • Spanish Colonial Revival architecture, 100% occupancy with eight tenants.
    • $3,400,000 asking price, $297.93/SF, $136,068 pro‑forma NOI, 4.00% pro‑forma cap rate.
    • High visibility on Channel Islands Blvd, major thoroughfare.
    • Net‑lease investment with value‑add potential.
    Property Profile Location Intelligence

    Current Use by Public Records

    El Burrito de ... Mexican Restaurant

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Port Hueneme
    County
    Ventura
    State
    California
    Longitude
    -119.21005370879
    Latitude
    34.176182076168

    Nearby Comparable

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    Nearby Similar for Sale

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      Prime Retail Center, Port Hueneme

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    FAQs

    What type of property is this?
    Lifestyle center - High-yield, 8-tenant shopping center.
    Where is this lifestyle center located?
    The property is located at 453 Channel Is Blvd Port Hueneme, CA.
    What is the asking price?
    The asking price for this property is $3,400,000.
    What are key features of this property?
    This property features: 11,412 SF shopping center in Port Hueneme, CA, at 453 W Channel Islands Blvd.; Spanish Colonial Revival architecture, 100% occupancy with eight tenants.; $3,400,000 asking price, $297.93/SF, $136,068 pro-forma NOI, 4.00% pro-forma cap rate.
    Request Owner's contact information
    453 Channel Is Blvd Port Hueneme, CA 93041
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    Port Hueneme, CA 93041
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    Realmo Value Estimation

    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.

    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.

    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
    453 Channel Is Blvd Port Hueneme, CA 93041
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