$22,740,000 USD
949-244-9335
125-303 W Pleasant Valley Rd
Oxnard, CA 93033
Pleasant Valley Village
HIGHLIGHTS
- Grocery-Anchored Center: Anchored by a regional grocery operator with 10 locations
- Below Replacement Cost: $280 PSF
- Opportunity to Control Entire Center; 7.93 Acres
- 95% Occupied; Long-Term Shop Tenancy: 70% of the shop tenants have successfully operated in the center since at least 2018
- Strong Recent Leasing Activity, Including New 10-Year Leases with La Plaza and O’Reilly Lease
- Below Market Shop Rent of $1.89 PSF
OVERVIEW
Anchored by Regional Hispanic Grocer; New 10-Year Lease | Upside Potential to Develop 3 Single Tenant Outparcels | 95% Occupied; Long-Term Shop Tenancy | Below Replacement Cost | Favorable NOI Growth of 48% Over 10 Years; 4.00% CAGR | Affluent Hispanic Population; 151,000 Hispanic People with $115,000 AHHI
FOR SALE DETAILS
PRICE
$22,740,000 USD
PRICE/SF
$280 USD /SF
CAP RATE
7%
% LEASED
-
TENANCY
Multiple
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Pleasant Valley Plaza | Oxnard, CA
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Freestanding
ADD'L SUBTYPES
Storefront, Supermarket
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
1958
SPRINKLERS
-
PARKING SPACES
600
LAND DETAILS
CROSS STREETS
NWC Saviers Rd & Pleasant Calley Rd
LAND ACRES
7.94 AC
LAND SF
345,866 SF
ZONING
C2
APN/PARCEL ID
205-0-141-325
ASK ABOUT THIS PROPERTY
Please correct the highlighted field(s).
949-244-9335
By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.
Please correct the highlighted field(s).
949-244-9335
By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.
