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Shops at Thousand Oaks Marketplace 520 N Ventu Park Rd 15,136 sq ft 56% Let Retail Property Thousand Oaks, CA 91320 £8,520,695 (£562.94/sq ft)
INVESTMENT HIGHLIGHTS
- Prominent Retail / Commercial Property
- Investor or Owner-User Opportunity
- Strong Daytime Demographics
- Strong Traffic Counts
- Long-Term Tenants
- High Barriers to Entry
EXECUTIVE SUMMARY
Lockehouse Retail Group is pleased to exclusively offer the Shops at Thousand Oaks Marketplace, an owner-user or investor opportunity to purchase a quality commercial property in the heart of Ventura County. Located at 520 N. Ventu Park Road in Thousand Oaks, CA, it is approximately 14,929 square feet of multi-tenant retail/commercial, situated on 1.78 acres. The property offers investors an established, income-generating asset with upside or an owner-user the ability to occupy a portion of the building for their own use.
Situated at the north end of Thousand Oaks, the property is directly off Highway 101 with easy access and surrounded by daily needs retail. Currently, the property has a mix of long-term tenants and has been well maintained. It is also well located, less than a mile from the Amgen headquarters, which is the largest employer in Ventura County with over 5,500 employees. Additionally, Ventu Park Road is one of the main thoroughfares from Highway 101 to the interior residential area.
Situated at the north end of Thousand Oaks, the property is directly off Highway 101 with easy access and surrounded by daily needs retail. Currently, the property has a mix of long-term tenants and has been well maintained. It is also well located, less than a mile from the Amgen headquarters, which is the largest employer in Ventura County with over 5,500 employees. Additionally, Ventu Park Road is one of the main thoroughfares from Highway 101 to the interior residential area.
PROPERTY FACTS
Sale Type
Investment or Owner Occupier
Property Type
Retail
Property Subtype
Shopfront Retail / Office
Property Size
15,136 sq ft
Costar Property Class
B
Year Built
2016
Price
£8,520,695
Price per sq ft
£562.94
Occupancy Rate
56%
Tenancy
Multiple
Number of Floors
1
Plot ratio
0.20
Total Plot Size
1.78 ac
Use Class
C3 - The C-3 Zone is intended for planned shopping centers which serve several neighborhoods.
Parking
80 Spaces (5.36 Spaces per 1,000 sq ft Leased)
Frontage
AMENITIES
- Signage
- Air Conditioning
SPACE AVAILABILITY
- SPACE
- SIZE
- USE
- POSITION
- AVAILABLE
New Construction Grocery Anchored Center. Space is in shell condition with ADA restroom.
| Space | Size | Space Use | Position | Available |
| 190 | 1,300 sq ft | Retail | In-Line | Now |
190
| Size |
| 1,300 sq ft |
| Space Use |
| Retail |
| Position |
| In-Line |
| Available |
| Now |
190
| Size | 1,300 sq ft |
| Space Use | Retail |
| Position | In-Line |
| Available | Now |
New Construction Grocery Anchored Center. Space is in shell condition with ADA restroom.
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 526-0-170-130 | Improvements Assessment | £1,850,612 |
| Land Assessment | £2,600,633 | Total Assessment | £4,451,245 |
PROPERTY TAXES
Parcel Number
526-0-170-130
Land Assessment
£2,600,633
Improvements Assessment
£1,850,612
Total Assessment
£4,451,245
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Shops at Thousand Oaks Marketplace | 520 N Ventu Park Rd
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