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    FOR LEASE
    Super regional malls

    2855 Johnson Dr, Ventura, CA 93003

    48,850 SF 4.83 ac lot
    Individually Owned 22-yr Hold Absentee Owner ~ Est. High Equity
    Property ID
    US10-1467048
    2855 Johnson Dr, Ventura, CA 93003 For Lease
    $1.75 SF/Yr 4,500 SF available
    2855 Johnson Dr, Ventura, CA 93003
    View Listing →
    Property summary
    AI-generated overview

    DW's Cafe, a well-established Ventura eatery at 2855 Johnson Drive Unit J, presents a unique business opportunity. This 3,399 square foot restaurant, situated on a 0.08-acre lot, has been a local favorite for years, serving classic breakfast and lunch options alongside popular Mexican dishes. The current owner has thoughtfully redesigned the space, incorporating modern upgrades to enhance the customer experience. These improvements include the addition of multiple kegerators and glass chillers, four 85-inch televisions, and a dedicated back area perfect for hosting larger parties, meetings, or special events. The business has already secured an entertainment permit, allowing for live music, comedy shows, and other events with amplified sound, opening up exciting avenues for increased revenue and customer engagement. The asking price for this turnkey operation is $175,000. This represents a significant opportunity for an experienced restaurateur or a savvy investor looking to acquire a profitable, established business in a desirable Ventura location. The sale includes all existing equipment and fixtures, allowing for a seamless transition and immediate commencement of operations. This is a rare chance to own a thriving business with a proven track record and significant growth potential. Serious inquiries only.

    Property profile
    Verified
    Property type Super regional malls
    Use group REGIONAL SHOPPING CENTER, MALL
    Total area 48,850 SF
    Lot 4.83 ac (210,612 SF)
    Zoning code C-P-
    APN 132-0-080-295
    UPID US10-1467048
    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
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    $9.67M
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    $7.17M
    Owner & transaction history
    Foothill Industrial Park · 22 yrs held
    Foothill Industrial Park
    since 2004
    7 recorded transactions
    2023
    2018
    2016
    2004
    1999
    $2.5M
    1996
    1993
    Zoning & alternative use
    C-P- · Ventura, CA
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    More about this property
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