1252 Madera RdSimi Valley, CA 93065

Property Details for 1252 Madera Rd

Year built

2000

Lot size

0.34 AC

Property size (Sq ft)

4,200 SF

Property type

Retail properties

Property subtype

Super regional malls

APN

635-0-200-085

APU

6350200085

Description

Centre Court Shopping Center, located at 1252 Madera Rd, Simi Valley, CA 93065, presents a unique opportunity for multiple retail tenants. This prime retail property boasts a total of 9,046 square feet across three single-story buildings, offering a flexible layout ideal for various businesses. Currently, the entire 9,046 square feet is available for lease. Spaces can be leased individually, with a minimum divisible space of 800 square feet and a maximum contiguous space of 3,277 square feet. The property is conveniently located near Royal Avenue in Ventura County, providing excellent visibility and accessibility. Ample parking is available with a 4:1000 ratio. The property's diverse subtype allows for a range of commercial uses, including office, flex space, athletic facilities, and swim schools. This is an exceptional opportunity to establish a presence in a thriving Simi Valley retail market. The property is ready for immediate occupancy. Contact us today to learn more about leasing options and explore the possibilities for your business at Centre Court Shopping Center.

• CAP approach

  CAP return

  Valuation

  6%

  $1,875,469

  6.5%

  $1,731,202

  7%

  $1,607,545

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,012,654

  Geo Method

  $2,012,654

• Alternative Use

  Use

  Valuation

  Residential

  $1,460,334

  Hospitality

  $1,337,658

  Educational

  $1,112,916

  Medical

  $1,151,190

  Retail

  $1,731,202

Location Insight

City

Simi Valley

County

Ventura

State

California

Latitude

34.2613

Longitude

-118.795

CBSA code

37100

CBSA name

OXNARD-THOUSAND OAKS-VENTURA, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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