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    OFF-MARKET
    Lifestyle centers

    431 Channel Islands Blvd, Port Hueneme, CA 93041

    10,845 SF
    Property ID
    Property summary
    AI-generated overview

    This exceptional 10,845-square-foot shopping center in Port Hueneme, California, presents a rare investment opportunity. Located at 431 W Channel Islands Blvd, this multi-tenant property boasts a prime location on a busy thoroughfare connecting Oxnard and Port Hueneme to the Pacific Ocean and harbor. The striking Spanish Colonial Revival architecture, featuring a tile roof, arches, and brick facade, offers significant curb appeal. Currently operating at 100% occupancy with six units, the property generates a pro-forma NOI of $133,590 and a pro-forma cap rate of 4.02%. The asking price is $3,325,000, translating to $306.59 per square foot. This is a net lease (NNN) investment. The property's strong performance and unique architectural character provide a solid foundation for future growth. There is potential for value-add opportunities. Note that a similar adjacent property is also available for purchase. This property is offered as a net lease investment. The property is located in Ventura County, CA, zip code 93041.

    Property profile
    Verified
    Property type Lifestyle centers
    Total area 10,845 SF
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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