525 New Los Angeles Ave Moorpark, CA 93021
- Strip malls
- 21,686 SF
- 2.24 lot acres
Current Use by Public Records
- Rachada Thai Cuisine / Thai Restaurant / Restaurant
- La Michoacana Elite / Ice Cream Shop
- PHO 100 / Vietnamese Restaurant
- J'S SMOKE SHOP / Tobacco Shop / Cigar Shop
Property Details for 525 New Los Angeles Ave
- Year built
- 2005
- Lot size
- 2.24 lot acres
- Property size
- 21,686 SF
- Property type
- Strip malls
- Property subtype
- Neighborhood centers
- APN
- 512-0-180-110
- APU
- 5120180110
Description
This exceptional retail investment opportunity presents 21,686 square feet of leasable space within the La Spring Shopping Center, situated on a 2.25-acre lot at 525-549 New Los Angeles Avenue in Moorpark, CA 93021. Built in 1995, the center offers multiple tenancies, with 1,604 square feet currently vacant and available for lease. Individual spaces range from 900 to 1,604 contiguous square feet, providing flexibility for various retail businesses. The property boasts ample parking, with a ratio of approximately 4 spaces per 1,000 square feet. Its convenient location in Moorpark, California offers excellent visibility and accessibility for customers. This is an ideal opportunity for investors seeking a well-established retail center with immediate income potential and the possibility of further development. The property's size and layout provide a strong foundation for long-term growth and profitability in a thriving market. The existing infrastructure and ample parking ensure a positive shopping experience for tenants and customers alike. This property presents a compelling investment opportunity in a desirable location.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Moorpark
- County
- Ventura
- State
- California
- Longitude
- -118.874
- Latitude
- 34.2797
- CBSA code
- 37100
- CBSA name
- OXNARD-THOUSAND OAKS-VENTURA, CA METROPOLITAN STATISTICAL AREA
