Oxnard, California, is a prime location for investing in shopping centers, with a strong economy driven by its agricultural industry, oil fields, and growing cannabis sector. Shopping centers in Oxnard offer a unique opportunity to tap into the city's diverse population of around 200,000 residents, who benefit from a Mediterranean climate and access to various amenities. These amenities include Oxnard College, California State University Channel Islands, a free public library system, and the Port of Hueneme, which serves as a shipping and receiving point for resources. The city's transportation infrastructure, including the Ventura Freeway, Pacific Coast Highway, and Oxnard Airport, makes it an attractive location for businesses and residents alike. With 3 shopping centers for sale in Oxnard, investors can choose from a range of options to suit their needs. The average price per square foot for shopping centers in Oxnard is $525 USD, with an average size of 23,953 square feet and a largest size of 41,431 square feet. The average cap rate for shopping centers in Oxnard is 5.69%. Oxnard's strong economy, combined with its desirable location and amenities, make it an attractive place to invest in shopping centers.
Oxnard's shopping centers offer a unique opportunity to tap into the city's diverse economy, with a range of industries driving growth, including agriculture, oil, and cannabis. In addition to shopping centers, investors may also consider investing in restaurants, specialty properties, land, and office properties in Oxnard. The city's restaurants, such as those in the Henry T. Oxnard Historic District, offer a unique dining experience, while specialty properties, like the Carnegie Art Museum and the Channel Islands Maritime Museum, provide a cultural draw. Land and office properties in Oxnard, with their proximity to the Ventura Freeway and Pacific Coast Highway, offer easy access to the city's transportation infrastructure. With a range of property types available, Oxnard is an attractive location for investors looking to diversify their portfolio. Overall, Oxnard's strong economy, desirable location, and range of amenities make it an attractive place to invest in shopping centers and other property types.
What is the average cap rate for shopping centers in Oxnard?
The average cap rate for shopping centers in Oxnard is 5.69%, making it an attractive option for investors seeking a stable return on investment in a city with a strong agricultural industry and growing cannabis sector.
