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Property profile

481 Ventura Rd Oxnard, CA 93030

OFF-MARKET
Retail properties & Spaces
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Property summary

AI-generated overview

This exceptional 14,490-square-foot medical office building is located at 481 S Ventura Rd, Oxnard, CA 93030, in Ventura County. Originally a Walgreens, this single-tenant property offers a prime opportunity for medical professionals. The building boasts ample parking with approximately 62 spaces, ensuring convenient access for patients and staff. Built in 2008, the property features a drive-thru and prominent building and shared monument signage, maximizing visibility and attracting potential clients. The lease is a modified gross lease with an expiration date of December 31, 2033, providing long-term stability. Access is convenient via Ventura Boulevard (right-in/right-out and extended left-in) and West 5th Street (extended first-in/first-out). The annual rent is $225,000. The property is zoned General Commercial – Planned Development C2PD, with permitted uses listed in the zoning documentation. This turnkey medical office building presents a rare opportunity to acquire a well-located, established property in a thriving market.

Property profile

Verified
Property type Retail properties & Spaces

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • (Bike/Boat/Book/etc) Store
  • Postal Service Courier Service
  • Cinema (Bike/Boat/Book/etc) Store
  • Loan Service
  • Pharmacy

Location

481 Ventura Rd Oxnard, CA 93030
Oxnard metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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