Property profile

145 Hillcrest Dr Thousand Oaks, CA 91360

OFF-MARKET
Super regional malls
Property ID
US10-1449864
63,312 SF 8.3 ac lot Built 2015
Entity Owned 2-yr Hold ~ Est. High Equity
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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

Current use

Occupant on record · Public records
  • Ophthalmologist (Bike/Boat/Book/etc) Store
  • Physician
  • Clothing & Fashion Store (Bike/Boat/Book/etc) Store
  • Clothing Store Children'S Clothing Store
  • Home Appliance Store

Location

145 Hillcrest Dr Thousand Oaks, CA 91360-4214
Thousand Oaks metro Census 6900 OXNARD-THOUSAND OAKS-VENTURA, CA METROPOLITAN STATISTICAL AREA
Google Maps

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

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

Top alternative use upside
Restaurant $30.6M +15.3%
Office building $28.9M +9.0%

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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