1940 Newbury Rd Thousand Oaks, CA 91320
For Lease
1 / 17
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.
-
Jiffy Lube® Battery Repair Construction Company
-
Pickles Deli Restaurant & Catering Restaurant
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.