428 Moorpark Rd, Thousand Oaks, CA 91360-3702
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.
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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
C-2 · Thousand Oaks, CAThousand Oaks. Always verify with local authorities before improvements.
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.