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5850 Thille Street, Ventura, CA

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DetailMap
5850 Thille Street

Ventura, CA 93003-5413 - Ventura Submarket


Property Type:Office Sub Type:- Status:Existing , Renov January 2017 Year Built:1979
Stories:2 Typical Floor:8,783 SF Building Size:17,566 SF
% Leased:
For Sale Price:$3,350,000 Price/SF:$190.71
Cap Rate:7.30 %
Smallest Space:971 SF Largest Space:1,508 SF Total Space Avail:4,539 SF Rent/SF/Yr:
$18.00 - $21.60
Parking:48 Surface spaces are available; Ratio of 3.46/1,000 SF Amenities:Signage


Space Available:
Floor
SF Avail
Rent
Occupancy
Lease Term
Space Use
 1st
1,016 SF
$18.00 - $21.60/SF/Yr
Vacant
Negotiable
Office
 1st
1,044 SF
$18.00 - $21.60/SF/Yr
Vacant
Negotiable
Office
 2nd
1,508 SF
$18.00 - $21.60/SF/Yr
30 Days
Negotiable
Office
 2nd
971 SF
$18.00 - $21.60/SF/Yr
Vacant
Negotiable
Office
 
11929539
9470192
11116026
695599
Space Notes Space Notes  


Floor
SF Avail
Rent/SF/Yr
Occupancy
Lease Term
Space Use
1st
1,016 SF
$18.00 - $21.60/SF/Yr
Vacant
Negotiable
Office
1st
1,044 SF
$18.00 - $21.60/SF/Yr
Vacant
Negotiable
Office
2nd
1,508 SF
$18.00 - $21.60/SF/Yr
30 Days
Negotiable
Office
2nd
971 SF
$18.00 - $21.60/SF/Yr
Vacant
Negotiable
Office
Property is near Government Center with easy access to freeway and County Center. Property has no load factor.
Professional office suites in the prime Government Center / Victoria Avenue Corridor. Recently renovated and ready for immediate occupancy. Abundant parking and new ADA restrooms. Building signage available.

Great location near County of Ventura Government Center, Victoria Avenue, 101 Freeway and Highway 126. Close proximity to banks, restaurants and other support services.


Sale Notes:
The Becker Group, Inc. is please to exclusively offer this premier investment opportunity within one of Ventura County's most significant locations. Nestled on the corner of Thille Street and County Square Drive, amongst prominent government agencies, medical and legal practices serving Ventura, 5850 Thille Street is ideally situated within a minute's walk from the Ventura County Government Center. This exceptional location offers great opportunity for substantial investment with in-place income, as well as incredible owner/user potential.

This two story, stand-alone building features 11 professional suites, with private offices, conference rooms, common area restrooms, elevator, and parking lot (parking ratio 4/1,000 sf). Teeming with mid century charm and enhanced value with strategic improvements completed in 2015, as well as a new roof installed in 2017. Tasteful landscaping and fresh exterior paint add to the building's fantastic curb appeal.

Fantastic owner/user potential, with a current occupancy of 51%. An owner/user could amass 5,000 - 8,000 sq ft for their own occupancy. Perfect location for legal practices, county agencies, tech companies, and much more!

The area benefits from surrounding demographics near high-density residential communities. Convenient amenities within walking distance, including Wells Fargo Bank, Tudor Time, Ventura County Credit Union, and Bank of America. One block from the Ventura Village Shopping Center, which features Vons Grocery Store, First Bank, Jasmine Thai Restaurant, Papa John' s, Jersey Mike's Subs, Peets Coffee & Tea, and more. Close proximity to Starbucks, Harbor Freight Tools, AAA, Barnes & Noble, and Buena High School. Direct access to Hwy 126 and easy access to 101 Freeway. Walking distance to city bus transit stops.

Fantastic opportunity to invest in one of the nation' s up-and-coming areas. The city of Ventura was recently named one of "The 10 Best Places to Live Now" by Men's Journal (http://www.mensjournal.com/expert-advice/the-10-best-places-to-live-now-20150312/ventura-california). The area is recognized as a hot spot for outdoor enthusiasts, and boasts a new wave of creative office users, artists and young professionals.

"The 10 Best Places to Live Now." Men's Journal. Men's Journal 2017, 2015. Web. May 11, 2017.

The Becker Group
Jeffrey R. R Becker
(805) 653-6794

Jim Gloyd
(805) 653-6794 x207


The Becker Group
Jeffrey R. R Becker
(805) 653-6794

Jim Gloyd
(805) 653-6794 x207

Matthew Kingsley
(805) 653-6794 x214



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