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#Business ID: 20558

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High Income Freeway Oriented Shopping Center!

Business Location: Ventura, California, United States

Asking Price: $ 14,600,000 Revenue: $ 1,512,909 Cash Flow: not disclosed

Business Summary

High Income Retail Shopping Center With Real Estate!
Freeway Oriented Retail Shopping Center Ventura County - $14,600,000!

Primary Features:
* A Freeway Oriented Neighborhood Retail Center!
* Excellent Visibility From Freeway!
* Easy Access To Freeway Exit!
* Has A variety Of National Restaurants & Retailers!
* National Brand Sports Retailers!
* Famous Steak Seafood Restaurants!
* Classy Italian & Japanese Restaurants!
* Strategically Developed To Include Two Hotels!
* Great Location Between A Beautiful Park & Freeway Ramp!
* Main Street Carries In Excess Of 200,000 Cars Daily!
* Part Of A Master Planned Community!
* Excellent High Income Consumer Base!
* Average Household Income Ranges $100K – $200K
* Walgreens, Ralphs, Smart & Final In The Surrounding!
* Two Free Standing Buildings!
* Two Stories!
* Lot Size 157,687 Square Feet!
* Total Building Size 39,774 Square Feet!
* Retail Zoning!
* Total 240 Parking Spaces In The Center!
* Very Well Maintained Like Brand New!
* Primary Dining & Shopping Choice For Residence!

Benefits:
* Prime Location Heavy Traffic Retail Center!
* Located In High Income Neighborhood!
* Excellent Visibility & Easy Access From Freeway!
* Diverse National Retailers In The Center!
* Chili’s & Holdren Steakhouse And More!
* Walking Distance To Two Marriott Hotels!
* Still Has Many National Brand Retails Within Walking Distance!
* Over 300,000 Cars Driving By Every Single Day!
* High Household Income Community!
* Strong Spending Power Customer Base!
* High Cap Rate At 7.40%
* Great Investment Opportunity!
* Constantly Maintain Over 85% Occupancy!
* Upside Investment Very Potential!

Financials:
* Operating Expense: $437,686
* Net Operating Income: $1,075,223
* Vacancy Factor: 5%
* Total Parking: 240
* Occupancy: 85%
* Cap Rate: 7.40%

BIZ Analysis/ Recommendations:
Call Your Representative Today At 1-800-727-2100 Option 1 [Real Estate Department].

Property Details

Size:

Lot Size: 3.62 Acre. Building Size: 39,774

Years Established:

2006

Property Type:

Real

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