428 N Moorpark Rd Thousand Oaks, CA 91360
For Lease
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Property summary
Village Court Shopping Center offers 1,522 square feet of vacant retail space within a 12,143 square foot building constructed in 1970. Located in Ventura County on Moorpark Road, this property boasts a prime location experiencing approximately 30,000 cars daily. The center benefits from high visibility and accessibility, situated in the heart of a major retail corridor. The property includes 80 surface parking spaces and features a pylon sign and a signalized intersection. Existing tenants include long-term and national brands, ensuring a stable and consistent customer base. Across the street is Janss Marketplace, currently undergoing a significant renovation including a new hotel, projected to further increase foot traffic and enhance the area's appeal. This presents a unique opportunity for growth and profitability, capitalizing on the increased consumer activity and the evolving retail landscape. The property's strong location and established tenant base offer exceptional potential for future success. The available space is part of a single suite within the building.
Property profile
VerifiedCap rate & NOI
Current use
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Nail Salon
Value estimations
Owner & transaction history
Zoning & alternative use
The Highway and Arterial Business Zone is intended for establishments offering accommodations, supplies, or services, especially to motorists, and for specialized automotive and related sales and service establishments w…
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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from $99/month
Cap rate
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from $99/month
Derived from the Thousand Oaks market rent, vacancy and expense benchmarks for this use type.
Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
C-2 · Thousand Oaks, CAThe Highway and Arterial Business Zone is intended for establishments offering accommodations, supplies, or services, especially to motorists, and for specialized automotive and related sales and service establishments w…
Zoning
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Zoning designation
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The district profile from the municipal source: what is on file for C-2 in Thousand Oaks, CA.
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