4501 Ventura Ave - Specialty FOR SALE


Ventura, CA 93001
$695,000 USD
602-770-4964
4501 Ventura Ave, Ventura, CA for Sale
$695,000 USD
Specialty - FOR SALE
1/3
null | 7% Cap Rate

4501 Ventura Ave
Ventura, CA 93001


OVERVIEW

Rare opportunity to acquire a established billboard lease providing stable income. The billboard is currently under a 10 year lease term through September 1, 2032, with 10 year renewal options thereafter, subject to the landlord's termination rights. The lease currently generates $46,924.60 in annual rental income and includes scheduled annual rent increases, offering built in income growth over time. Strategically positioned with excellent visibility from both the Ojai Freeway (Highway 33) and Ventura Avenue, the billboard benefits from strong traffic exposure in a highly traveled corridor. This is an attractive opportunity for investors seeking passive income with long term upside potential.

FOR SALE DETAILS

PRICE

$695,000 USD

PRICE/SF

$139 USD /SF

CAP RATE

7%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

National Billboard Lease for Sale

PROPERTY TYPE

Specialty

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

2008

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.39 AC

LAND SF

60,727 SF

ZONING

-

APN/PARCEL ID

063-0-140-665

ASK ABOUT THIS PROPERTY

Vanessa YOptima Investment GroupMore Info
602-770-4964

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Vanessa YOptima Investment GroupMore Info
602-770-4964

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