Property profile

2315-2409 Michael Dr Thousand Oaks, CA 91320

OFF-MARKET
Neighborhood centers
28,691 SF Built 1980
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Property summary

AI-generated overview

This exceptional retail and office property, located at 2315-2409 Michael Dr in Thousand Oaks, CA 91320, offers a unique investment opportunity in the thriving Newbury Park/Thousand Oaks submarket of Ventura County. Built in 1980, the Times Square Shopping Center boasts a total of 28,691 square feet, with a variety of space options available for lease. The property is currently multi-tenant and features a flexible layout, accommodating businesses seeking spaces ranging from a minimum of 900 square feet to a maximum contiguous space of 4,000 square feet. Currently, 5,800 square feet of space is vacant, presenting an immediate opportunity for expansion or new tenancy. The property's diverse subtype designations, including Executive Office, Strip Center, Street Retail, and Restaurant, cater to a wide range of potential businesses. Its strategic location in Thousand Oaks provides excellent visibility and accessibility, making it an ideal location for businesses seeking a high-traffic area. This property is perfect for businesses looking for a well-established location with ample space and flexibility to suit their specific needs. The property's address is easily accessible and situated within a vibrant commercial area. Contact us today to learn more about leasing opportunities within this dynamic property.

Property profile

Verified
Property type Neighborhood centers
Year built 1980
Total area 28,691 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

2315-2409 Michael Dr Thousand Oaks, CA 91320
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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