751 Town Center Dr, Oxnard, CA 93036

This exceptional investment opportunity presents a newly constructed, 7,000 square foot shopping center in Oxnard, California. The property boasts 100% occupancy with a diverse tenant mix including Starbucks, Handel's Ice Cream, Nekter Juice Bar, UPS, and a dental clinic. All tenants are credit-rated, with corporate guarantees and long-term leases (10 years remaining, commencing November 1, 2024). The property features a triple-net (NNN) lease structure, providing a stable and predictable income stream. The strong financial performance is reflected in a 5.60% cap rate and a net operating income (NOI) of $446,282. Situated on over an acre of land, the center benefits from high visibility due to its freeway proximity (101 Freeway) and location at a high-traffic intersection (Oxnard Boulevard and Town Center Drive), with combined daily traffic counts exceeding 232,000 vehicles. The property's strategic location is further enhanced by its adjacency to the Collection at RiverPark, a major shopping mall, and other recently developed retail centers, including Chick-fil-A and Panda Express. The surrounding area is experiencing significant growth, with numerous residential and mixed-use projects underway, creating a robust and expanding customer base. This turnkey investment offers immediate returns and long-term growth potential within a thriving commercial landscape. The asking price is $7,975,888. Detailed financial proformas are available upon request.