Technical
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Property profile

650 Moorpark Rd Thousand Oaks, CA 91360

OFF-MARKET
Neighborhood centers
Built 1979
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Property summary

AI-generated overview

This exceptional retail opportunity is located in the Whole Foods Plaza, the only Whole Foods within a 20-mile radius, ensuring high foot traffic and visibility. Two spaces are currently available, ranging from 910 to 1,092 square feet, perfect for a variety of businesses. Situated in a high-income suburban area of Eastern Ventura County, this location benefits from a favorable tax structure while maintaining close proximity to Los Angeles. The plaza is directly across from Janss Marketplace, the top-ranked lifestyle center in the Conejo Valley, further enhancing its desirability. Convenient freeway access via the 101, 23, and 118 freeways ensures easy accessibility for customers and employees. The property's proximity to Amgen, the area's largest employer, guarantees a substantial workforce within easy reach. A total of 4,630 square feet is currently vacant. The existing building, constructed in 1979, is undergoing a significant remodel, including facade, roof, and asphalt upgrades, enhancing its aesthetic appeal and functionality. Retail shops are adjacent to the Whole Foods Market, creating a synergistic retail environment. End-cap and in-line units are available, offering diverse options for potential tenants. Building and monument signage opportunities are also available, providing excellent branding potential. This prime location in central Thousand Oaks presents a unique chance to establish or expand a business in a thriving community.

Property profile

Verified
Property type Neighborhood centers
Year built 1979

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
  • Restaurant
  • Florist Wedding Service

Location

650 Moorpark Rd Thousand Oaks, CA 91360
Thousand Oaks 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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