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    OFF-MARKET
    Lifestyle centers

    453 Channel Islands Blvd, Port Hueneme, CA 93041

    11,412 SF
    Property ID
    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
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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