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Property profile & analytics
OFF-MARKET Estimated value $27,535,000
Super regional malls

145 Hillcrest Dr Thousand Oaks, CA 91360-4214

63,312 SF 8.3 ac lot Built 2015
Entity Owned 2-yr Hold ~ Est. High Equity
Property ID
US10-1449864
Property summary
AI-generated overview

This exceptional Class A retail shopping center, part of a larger 628,000 square foot development including the Janss Marketplace, offers two available spaces totaling 45,000 to 56,850 square feet. Strategically located in the heart of Thousand Oaks, across from The Oaks regional mall, this property boasts unparalleled visibility and accessibility. The convenient location offers easy access from the 101 Freeway, ensuring high traffic volume and customer convenience. The Collection at Janss features a large surface parking lot, eliminating parking hassles for both shoppers and employees. With a total building size of 172,008 square feet, this multiple-tenancy property provides a vibrant and thriving retail environment. Its superior location and impressive foot traffic, exceeding that of The Oaks regional mall on a per square foot basis, make this an exceptional investment opportunity for discerning businesses seeking high visibility and strong returns. The property's Class A designation reflects its superior construction, amenities, and overall quality. This is a rare chance to secure a prominent retail presence in one of Thousand Oaks' most desirable locations. Don't miss this opportunity to establish your business in a thriving retail hub.

Property profile
Verified
Property type Super regional malls
Use group REGIONAL SHOPPING CENTER, MALL
Year built 2015
Total area 63,312 SF
Lot 8.3 ac (361,548 SF)
APN 525-0-054-030
UPID US10-1449864
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
Current use
Occupant on record · Public records
  • Western States Optical Ophthalmologist (Bike/Boat/Book/etc) Store
  • Fontaine Lisa OD Physician
  • DSW Designer Shoe Warehouse Clothing & Fashion Store (Bike/Boat/Book/etc) Store
  • Nordstrom Rack Children'S Clothing Store Cosmetics Store
  • Sears Appliance Repair Home Appliance Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$17.88M
Comparable Approach Comparable
$35.87M
Blend (final) Blend
$27.54M
Owner & transaction history
Nmc Thousand Oaks LLC · 2 yrs held
Nmc Thousand Oaks LLC
since 2023
Last sale
$27.5M
4 recorded transactions
2023
$27.5M
2019
Price N/A
2015
Price N/A
2005
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant $30.6M +15.3%
Office building $28.9M +9.0%
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