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751 Town Center Dr
Oxnard, CA 93036

$7,975,888 USD

Freestanding For Sale  •  7,236 SF

Property Details

  • Property Type Freestanding
  • Total Building Size 7,236 SF
  • Lot Size 1.02 AC
  • Building Class B
  • Year Built 2024
  • Cap Rate 5.60 %
  • Tenancy Multiple
  • Zoning Retail/Commercial Center
32 Transit Score
76 Walk Score

Highlights

Newly Completed Starbucks Drive-Thru Anchored Retail Shopping Center Investment Opportunity
+/-7,000 SF, 5-Tenant Pad 100% Leased to Starbucks, Handel’s Ice Cream, Nekter Juice Bar, UPS, and Dental Clinic
Stabilized Asset Secured With Long-Term, Corporate Guaranteed Leases, Ensuring a Lucrative, Consistent Income Stream
Superbly located at the high-traffic intersection of Oxnard Boulevard + Town Center Drive With Traffic Counts Measuring +/- 64,000 Cars Per Day
Site Visible to Motorists Traveling on the 101 Freeway With Traffic Counts Measuring +/-168,00 Cars Per Day
Prime Oxnard Location in the Midsts of a Major Development Boom, With Multiple Residential, Mixed-Use, and Retail Projects

Property Flyers

Financial Summary (Proforma)

Net Operating Income: $446,282 USD (2024)
Cap Rate: 5.60 %

Major Tenants

Tenant SF Occupied Lease End Date
Handel's Ice Cream 1,650 SF
Nekter Juice Bar 900 SF
Starbucks 1,300 SF
The Tooth Berry 1,950 SF
UPS Store 1,200 SF

Public Transportation

Commuter RailDriveWalkDistance
East Ventura Metrolink Station (Metrolink Ventura County Line - Metrolink Trains) 4 min - 2.0 mi
Oxnard (Ventura County Line - Southern California Regional Rail Authority (Metrolink)) 6 min - 3.3 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 45
Type: Surface
Included in Rent: Yes
Rick Rivera 310-231-5201 CBM1 Inc
Rick Rivera 310-231-5201 CBM1 Inc