431 Channel Islands Blvd, Port Hueneme, CA 93041
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.