431-443 Channel Islands Blvd - Freestanding FOR SALE


Port Hueneme, CA 93041
$2,825,000 USD
805-377-5448
431-443 Channel Islands Blvd, Port Hueneme, CA for Sale
$2,825,000 USD
Freestanding - FOR SALE
1/3
null | 6.25% Cap Rate

431-443 Channel Islands Blvd
Port Hueneme, CA 93041


HIGHLIGHTS

  • First time on the market with strong income stability.
  • 100% occupied multi-tenant retail center with value-add upside.
  • High-visibility frontage along Channel Islands Boulevard.
  • Ample parking with more than six spaces per 1,000 SF.
  • Located near Naval Base Ventura County and major retail hubs.
  • Attractive Spanish Colonial Revival architecture with brick façade.

OVERVIEW

Prime multi-tenant retail center located at 431-443 W. Channel Islands Blvd in Port Hueneme, CA. This 10,845 SF property sits on 1.08 acres and is 100% occupied, offering immediate income stability with a pro forma NOI of $168,561 and a 5.07% cap rate. Featuring Spanish Colonial Revival architecture with tile roof accents and a brick façade, the center provides strong curb appeal and a large monument sign for visibility. Positioned along a high-traffic corridor connecting Oxnard and Port Hueneme, the property benefits from excellent exposure and proximity to the Naval Base Ventura County, which employs nearly 20,000 personnel. Additional advantages include ample parking exceeding six spaces per 1,000 SF and adjacency to major retailers and dining options. This is the first time the property has been offered for sale, presenting a rare opportunity for investors seeking a stable asset with value-add potential in a growing coastal market.

FOR SALE DETAILS

PRICE

$2,825,000 USD

PRICE/SF

$260 USD /SF

CAP RATE

6.25%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1977

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.08 AC

LAND SF

47,045 SF

ZONING

RPD

APN/PARCEL ID

190-0-010-055

ASK ABOUT THIS PROPERTY

Curtis GuntnerCentral Coast PropertiesMore Info
805-377-5448

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

Curtis GuntnerCentral Coast PropertiesMore Info
805-377-5448

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