Light Industrial Flex
94 W Cochran Street Unit B Simi Valley, CA 93065
94 W Cochran Street Unit B, Simi Valley, CA, 93065
$2,400,000
For Sale
$2,400,000
Move-in ready industrial condominium with a concrete tilt-up build-out suited for light manufacturing or warehousing.
Property Size6,900 SF
Price / SF$347.83
Days on Market55
Property Features for 94 W Cochran Street Unit B
General Information
- Standard status
- Active
- Size
- 6,900 SF
- Property subtype
- Industrial - Manufacturing
Building Details
- Year Built
- 1989
Listing agency
NAI Capital
(661) 341-1243
Listed by
Eric Seidenglanz · License #01975684
Source
Commercialcafe
Added: May 29 Updated: Jul 21 at 7:00PM Checked: Jul 21 at 7:00PM
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 NAI Capital
Investment Insights
Based on property information with market context.
This move-in ready industrial condominium offers approximately 6,900 SF of flex-capable space in a concrete tilt-up facility. The layout is described as well-balanced for a range of light industrial and office-adjacent uses, including warehousing, corporate R&D, creative flex use, or light manufacturing.
The property is located within the Simi Valley Business Center at 94 W. Cochran Street, Unit B. As an industrial condominium, it provides a defined unit for tenant or owner-occupant use within the broader business center setting.
The building’s concrete tilt-up construction and the property’s stated use flexibility make it a practical option for users seeking functional, ready-to-occupy industrial space.
The property is located within the Simi Valley Business Center at 94 W. Cochran Street, Unit B. As an industrial condominium, it provides a defined unit for tenant or owner-occupant use within the broader business center setting.
The building’s concrete tilt-up construction and the property’s stated use flexibility make it a practical option for users seeking functional, ready-to-occupy industrial space.
Key Highlights
- 6,900 SF industrial condominium, Unit B, at 94 W. Cochran Street
- Built in 1989
- Concrete tilt‑up construction
Local Financial Insights For Flex RnD
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 | $153.2k | $22.20 |
| − Vacancy | −$12.3k | −$1.78 |
| EGI | $140.9k | $20.42 |
| − OpEx | −$49.3k | −$7.15 |
| NOI | $91.6k | $13.28 |
6,900 SF · lease $22.20/SF/yr · vacancy 8.00% · expense 35.00%
Alternative Uses
Best Use
Flex RnD
$1.31M
$1.15M – $1.53M
NOI $91,602 @ 7.0% cap · market cap 3.82%
Second Best
Warehouse
$985.8K
$862.6K – $1.15M
NOI $69,008 @ 7.0% cap · market cap 2.88%
Theoretical Best
Office A
$2.24M
$1.96M – $2.62M
NOI $157,068 @ 7.0% cap · market cap 6.54%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Lock Stock & Barrel ...
Antique Store
Rooter Hero Plumbing ...
Plumbing Service
Pullen Associate Inc
Real Estate Agency
Carson's Garage Door ...
Auto Parts Store
M Wave Design ...
Factory
Similar For Sale Nearby
Similar Off Market Nearby
- Tacos Famosos — Serving most of Ventura County, Other cities may be available. Additional charges will apply., Simi
FAQs
What type of property is this?
Flex space - Move-in ready industrial condominium with a concrete tilt-up build-out suited for light manufacturing or warehousing.
Where is this flex space located?
The property is located at 94 W Cochran Street Unit B Simi Valley, CA.
What is the asking price?
The asking price for this property is $2,400,000.
What are key features of this property?
This property features: 6,900 SF industrial condominium, Unit B, at 94 W. Cochran Street; Built in 1989; Concrete tilt‑up construction
