Individually Owned Property summary
This exceptional investment opportunity presents a 87,963 square foot, freestanding Kohl's department store (including Sephora) situated within the El Paseo Simi Shopping Center in Simi Valley, California. The property boasts a substantial 6.93-acre lot, offering significant frontage and multiple access points on Tapo Canyon Road and Alamo Street, presenting considerable redevelopment potential. Currently leased to Kohl's under a NNN lease with a corporate guarantee, the lease extends until… January 30, 2029, representing a remaining term of approximately 4.2 years. The lease includes rent bumps of 5% in option periods, and six 5-year options are available. The property enjoys a prime location in downtown Simi Valley, at a high-traffic intersection with a combined daily vehicle count of 50,000. It benefits from proximity to the Ronald Reagan Freeway (SR 118), boasting 111,500 vehicles per day. The surrounding area features affluent residential communities, with an average household income exceeding $140,000 and a population of over 81,800 within a 3-mile radius. The center is anchored by Kohl's and Vons, and includes other high-quality tenants such as Carbon Health, Ace Hardware, The Coffee Bean & Tea Leaf, US Bank, Cold Stone Creamery, and The Habit Burger Grill. The property's Net Operating Income (NOI) is $1,140,943, resulting in a 7.50% cap rate. The asking price is $15,212,000. This offering presents a compelling combination of strong tenancy, a desirable location, and significant future development possibilities. The property was built in 2003 and has 100% occupancy.
Ownership intelligence
Resolved identity, portfolio, hold profile and investor signals. Included in the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax
No data for this sectionNo tax or assessment record is on file for this parcel in the county feed.
Value estimate
· Sep 2026No data for this sectionNo value estimate could be modeled: the record carries too little market input for this parcel.
Recently sold
No data for this sectionNo cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
No data for this sectionNo zoning code is on file for this parcel. Coverage grows with every catalog release.
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
6 recorded sales · 15 properties nearbyComparable nearby
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Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
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The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
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The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
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