860-872 Ventura Rd, Port Hueneme, CA 93041
20,745 SF | 88% Leased | Retail Building | Port Hueneme, CA 93041 | $4,950,000 ($239/SF) | 6.45% Cap Rate
For Sale
Active
Asking Price $4,950,000
- Property Type
-
Retail
- Square Feet
- 20,745 SF
- Price / Square Foot
- $239
Listing Contacts
Patrick Wade
Alex Kozakov
Matthew Greenberg
Jack Webber
Bo Henderson
Vivian Tran
Larry Tanji
Property Overview
Rare Grocery-Anchored SoCal Coastal Retail Center
Property Details
- Class
- C
- Year Built
- 1960
- Stories
- 1
- Property Subtype
- Grocery/Convenience Store, Medical
- Lot Size (sq. ft)
- 108,029 SF
Highlights
- Rare Grocery-Anchored SoCal Coastal Retail Center with Significant Upside - Anchored by Grocery Outlet.
- Newer Ten (10)-Year Grocery Lease with Corporate Guarantee - The Grocery Outlet lease has almost ten (10) years of initial lease term remaining.
- Minimally Management Intensive Grocery-Anchored Retail - With only three units, the investment requires minimal management, but with less income risks
- Highly Attractive Rental Increases with Multiple Options - Prospective landlord benefits from ten (10%) percent rental increases every five (5) years.
- High Barriers to Entry Coastal Location - Located less than one (1) mile from both Port Hueneme Beach and the Port Hueneme Naval Station.
- Strong Retail Trade Area - Port City Plaza is in a strong retail trade area with close proximity to the Naval Base Ventura County.
All available spaces
- Space
- 1st Fl-Ste 860
- Size
- 2,485 SF
- Condition
- Full Build-Out
Nearby Properties
Similar Properties
FAQ
- How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
- Please email our support team at [email protected] and they will add the team member.
- How do I access a private listing?
- Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
- How can I contact the broker
- We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
- What is the difference between Tier 1 & Tier 2 in the Due Diligence Vault?
- Documents that are placed in a Tier-1 Due Diligence vault require the execution of a Confidentiality Agreement (“CA”) for access. Documents and folders placed in the Tier-2 vault are intended to have an added layer of security and require the execution of a CA in addition to required Broker approval for access.
- How do I unsubscribe from emails?
- At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].