2585 Cochran St - Freestanding FOR SALE


Simi Valley, CA 93065
$5,995,000 USD
818-519-1429
2585 Cochran St, Simi Valley, CA for Sale
$5,995,000 USD
Freestanding - FOR SALE
1/28
null | 7.17% Cap Rate

2585 Cochran St
Simi Valley, CA 93065


HIGHLIGHTS

  • Value-Add Opportunity with a diverse tenant mix and favorable lease structure provide opportunities for rent growth and increased income
  • 91.28% leased, featuring a mix of retail, restaurants, service providers, and educational tenants for consistent cash flow
  • Situated along a high-traffic corridor with over 27,229 daily vehicle counts, ensuring excellent exposure and accessibility
  • 176 on-site parking spaces at a ratio of 6.06 spaces per 1,000 square feet, well above industry standards
  • Close proximity to key retailers like Target, Trader Joe’s, and Chick-Fil-A, generating steady foot traffic
  • Strategic positioning along Cochran Street with direct access to the 118 Freeway, ensures high visibility and ease of access for regional consumers

OVERVIEW

Matthew Luchs of the Zacuto Group exclusively presents 2585 Cochran Avenue in Simi Valley, CA, a premier investment opportunity strategically positioned along one of the city’s busiest and most desirable commercial corridors. The property offers 29,066 square feet of mixed-use retail and office space situated on 120,226 square feet of land, making it highly adaptable for a variety of retail, service, and business uses. With 176 on-site parking space, equivalent to 6.06 spaces per 1,000 square feet, the property provides rare and ample parking for tenants and customers, enhancing accessibility and convenience. Located just off the 118 Freeway and visible to over 132,000 vehicles per day, 2585 Cochran Avenue benefits from substantial drive-by exposure, offering an ideal location for tenants seeking high visibility and easy access for local and regional visitors. The surrounding area hosts a strong lineup of nationally recognized retailers, including Target, Trader Joe’s, Lassen’s, and Chick-Fil-A, which generate consistent foot traffic and create a thriving commercial environment. The property sits at the heart of Simi Valley’s growth corridor, reflecting the city’s ongoing residential and commercial expansion. Nearby developments, such as Sycamore Grove, a 164-residence project completed by Lennar Homes in 2022 at Cochran and Galena Avenue, expand the local consumer base and strengthen demand for retail and service-oriented businesses. This demonstrates the area’s transformation into a balanced mix of residential and commercial uses, further enhancing the appeal of 2585 Cochran Avenue for investors and future tenants alike. 2585 Cochran Avenue represents an outstanding opportunity for investors seeking stable, long-term returns in a growing Southern California market. With strong occupancy, built-in rent escalations, and potential for income growth, the property offers a solid foundation for enhancing future value. Its prime location, excellent accessibility, and proximity to a growing consumer base make it a key asset in Simi Valley’s evolving commercial real estate landscape.

FOR SALE DETAILS

PRICE

$5,995,000 USD

PRICE/SF

$206 USD /SF

CAP RATE

7.17%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

7.17% CAP Value-Add Multi-Tenant Retail/Off

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Restaurant, Storefront Retail/Office, Medical

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1986

SPRINKLERS

-

PARKING SPACES

176

LAND DETAILS

CROSS STREETS

NWC Cochran St & Sycamore Dr

LAND ACRES

2.76 AC

LAND SF

120,226 SF

ZONING

CPD

APN/PARCEL ID

613-0-240-145

ASK ABOUT THIS PROPERTY

Matthew LuchsZacuto GroupMore Info
818-519-1429

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Matthew LuchsZacuto GroupMore Info
818-519-1429

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.