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    409 Avenida De Los Arboles Thousand Oaks, CA 91360

    Sponsored
    For Sale
    $4,500,000

    Thriving 6-tenant retail center in Thousand Oaks.

    Property size:
    8,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional investment opportunity presents a well-established 8,000 square foot shopping center in Thousand Oaks, California. Located at 409 E Avenida De Los Arboles, this multi-tenant property boasts a strong 83% occupancy rate with six credit-rated tenants under a NNN lease structure with 10 years remaining. The center features a desirable mix of established neighborhood restaurants and merchants, benefiting from its prime location between Trader Joe's and Rite Aid. Situated in a high-demand, upper-middle-class residential area, the property enjoys high foot traffic due to its proximity to two schools, including Thousand Oaks High School, and Cal Lutheran University, a private university with over 4,100 students and staff located just half a mile away. Built in 1974, the property sits on a 0.8-acre lot and is zoned C2. The asking price is $4,500,000, representing a price per square foot of $562.50 and a compelling 7.46% cap rate. The property also includes a patio area. This is a rare opportunity to acquire a stable, high-performing retail investment in a thriving California community with convenient access to the 101 and 23 freeways. The land value is $128.30 per square foot. The property's APN is 521-0-070-380.

    Property Features for 409 Avenida De Los Arboles

    General Information

    Property type
    Lifestyle centers
    Square Feet
    8,000 SF
    Lot Size
    34,848 SF

    Building Details

    Year Built
    1974
    Units
    6

    HighLights

    • Excellent proximity to California Lutheran University (4,100+ students, faculty & staff).
    • Convenient location between Trader Joe's and Rite Aid.
    • Strong tenant occupancy in a high‑traffic shopping center.
    • Features an outdoor patio area.
    Property Profile Location Intelligence

    Current Use by Public Records

    Fresh Donuts Donut Shop

    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
    Thousand Oaks
    County
    Ventura
    State
    California
    Longitude
    -118.869681
    Latitude
    34.21854

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    FAQs

    What type of property is this?
    Lifestyle center - Thriving 6-tenant retail center in Thousand Oaks.
    Where is this lifestyle center located?
    The property is located at 409 Avenida De Los Arboles Thousand Oaks, CA.
    What is the asking price?
    The asking price for this property is $4,500,000.
    What are key features of this property?
    This property features: Excellent proximity to California Lutheran University (4,100+ students, faculty & staff).; Convenient location between Trader Joe's and Rite Aid.; Strong tenant occupancy in a high-traffic shopping center.
    Request Owner's contact information
    409 Avenida De Los Arboles Thousand Oaks, CA 91360
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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
    409 Avenida De Los Arboles Thousand Oaks, CA 91360
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