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Property profile & analytics
FOR LEASE
Super regional malls

1940 Newbury Rd Thousand Oaks, CA 91320

7,688 SF 1.07 ac lot Built 2005
Entity Owned Absentee Owner ~ Est. High Equity
Property ID
US10-1459217
Property summary
AI-generated overview

This exceptional retail opportunity presents multiple spaces for lease within a thriving community shopping center in Newbury Park, Ventura County. The property, situated on the hard corner of Newbury Park Road and Kelley Road, boasts ±26,800 square feet of total building space and offers three available retail pads ranging from approximately 1,096 to 1,416 square feet. These spaces are ideally suited for quick-serve food users or can be easily adapted for retail or full-service restaurant use. The center enjoys a highly desirable location, benefiting from excellent freeway visibility and ample parking in a large onsite lot. Key anchor tenants include Kohl's, Starbucks, and Sharkey's Fresh Mexican Grill, attracting significant foot traffic. The newer construction features excellent curb appeal. This prime location is strategically positioned to capitalize on the substantial daytime population of the surrounding neighborhood and the proximity to the Amgen Bio-Medical facility. Amgen's large campus across the 101 freeway employs approximately 5,000 workers, representing 8.5% of the city's total employment. The area is exceptionally affluent, with an average annual household income exceeding $140,000 within a two-mile radius, and is surrounded by numerous A+ national retailers. This presents a unique opportunity to establish a business in a high-traffic, high-income area with strong existing tenant synergy.

Property profile
Verified
Property type Super regional malls
Use group REGIONAL SHOPPING CENTER, MALL
Year built 2005
Total area 7,688 SF
Lot 1.07 ac (46,609 SF)
APN 660-0-050-220
UPID US10-1459217
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
  • Jiffy Lube® Battery Repair Construction Company
  • Pickles Deli Restaurant & Catering Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$2.17M
Comparable Approach Comparable
by Request
Blend (final) Blend
$2.04M
Owner & transaction history
Newbury Park Gateway LLC
Newbury Park Gateway LLC
1 recorded transaction
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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