453 Channel Islands Blvd, Port Hueneme, CA 93041
This exceptional 11,412 square foot shopping center in Port Hueneme, CA, presents a compelling investment opportunity. Located at 453 W Channel Islands Blvd, this single-building property boasts a striking Spanish Colonial Revival architectural style, featuring tile roof accents, arches, and a brick facade. Currently operating at 100% occupancy with eight tenants, the center generates a strong pro-forma NOI of $136,068, resulting in a 4.00% pro-forma cap rate. The asking price is $3,400,000, translating to $297.93 per square foot. The property benefits from high visibility and frontage on Channel Islands Blvd, a major thoroughfare connecting Oxnard and Port Hueneme to the Pacific Ocean and harbor. This net-lease investment offers significant upside potential through value-add opportunities. The property consists of six units within a single building and is situated in Ventura County, zip code 93041. Note that a similar adjacent property is also available for purchase.
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
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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.