660 Ventura Blvd Camarillo, CA 93010

Property Details for 660 Ventura Blvd

Year built

2015

Lot size

0.57 lot acres

Property type

Retail space

Property subtype

Storefront properties

APN

229-0-340-040

Description

This exceptional 10,324 square foot retail storefront, situated on a 0.57-acre lot at 660 Ventura Blvd, Camarillo, CA 93010 (APN 229-0-340-040), presents a compelling investment opportunity. Built in 2015 and zoned C1, the property boasts a prime location as an outparcel to the highly successful Camarillo Outlets, benefiting from over 7.2 million annual visitors and proximity to the 101 Freeway (approx. 150,000 vehicles per day), ensuring exceptional visibility. Currently 100% occupied by a strong mix of national and regional tenants including Chipotle, Pick Up Stix, Ubatuba Acai, and Latitude 34, the property generates a substantial Net Operating Income (NOI) of $492,154, resulting in a 5.25% cap rate. The asking price is $9,381,000. A significant advantage is the availability of an assumable loan at an exceptionally low fixed interest rate. The property's multi-tenant structure and the strength of its tenants provide ease of management and resilience against economic fluctuations. This is an irreplaceable asset in a high-demand area with affluent demographics and a large trade area boasting an average household income exceeding $129,000 within a 3-mile radius. This offering represents a rare opportunity to acquire a high-performing, well-located retail investment property with significant upside potential.

Location Insight

City

Camarillo

County

Ventura

State

California

Longitude

-119.065857

Latitude

34.2170666