Property profile

453 Channel Islands Blvd Port Hueneme, CA 93041

OFF-MARKET
Lifestyle centers
11,412 SF
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Lifestyle centers
Total area 11,412 SF

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

Location

453 Channel Islands Blvd Port Hueneme, CA 93041
Port Hueneme metro
Google Maps

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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