4833-4917 S Rose Ave - Supermarket FOR SALE


Oxnard, CA 93033- Villa Capri
$16,882,000 USD
310-367-7611
4833-4917 S Rose Ave, Oxnard, CA for Sale
$16,882,000 USD
Supermarket - FOR SALE
1/35
null | 6.94% Cap Rate

4833-4917 S Rose Ave
Oxnard, CA 93033
Villa Capri


HIGHLIGHTS

  • Anchored by Island Pacific Supermarket (44% of GLA) and Dollar Tree (29% of GLA), representing 73% of total occupancy.
  • Value-Add Upside
  • Qualified Opportunity Zone

OVERVIEW

Investment Overview College Park Shopping Center is a ±53,321-square-foot, grocery-anchored neighborhood retail center situated on 5.27 acres at the signalized intersection of South Rose Avenue and East Pleasant Valley Boulevard in Oxnard, California. The property benefits from strong visibility, a combined traffic count exceeding 32,000 vehicles per day, and proximity to major regional employers, educational institutions, and dense residential neighborhoods. Property Highlights • GLA: ±53,321 SF • Occupancy: ~94% Leased • Anchors: Island Pacific Supermarket & Dollar Tree • Lot Size: 5.27 Acres • Parking: 342 Spaces (6.4/1,000 SF) • Year Built: 1973 (New 20-Year Roof Warranty) • Zoning: C2PD – General Commercial w/ Planned Development Overlay • Opportunity Zone: Census Tract 32.01 Location & Market Strength Located 0.6 miles from Oxnard College and 3.5 miles from Port Hueneme Naval Base, the region’s largest employer with more than 19,000 personnel, the center serves a dense and growing trade area: • 1 Mile: 42,058 population | 8,886 households • 3 Miles: 171,639 population | 62,543 households • 5 Miles: 238,333 population Investment Summary • Price: $16,882,000 • Net Operating Income: $1,171,710 • Cap Rate: 6.9% • Price/SF: $316.61 Value-Add Potential • Upside through re-tenanting smaller shop spaces at market rents • Curb appeal enhancements including façade, lighting, and signage • Potential for ±10,000 SF additional development (subject to approvals) • Opportunity Zone tax advantages supporting long-term appreciation Summary College Park Shopping Center provides investors with the rare opportunity to acquire a stabilized, grocery-anchored asset with strong in-place income, tax-advantaged positioning within a Qualified Opportunity Zone, and multiple avenues for future value creation in a dense Ventura County trade area

FOR SALE DETAILS

PRICE

$16,882,000 USD

PRICE/SF

$407 USD /SF

CAP RATE

6.94%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

College Park Shopping Center

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Supermarket

ADD'L SUBTYPES

Storefront, Department Store

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1973

SPRINKLERS

-

PARKING SPACES

321

LAND DETAILS

LAND ACRES

5.27 AC

LAND SF

229,561 SF

ZONING

C2PD

APN/PARCEL ID

224-0-020-285

ASK ABOUT THIS PROPERTY

Gil CorberMarcus & MillichapMore Info
310-367-7611

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Gil CorberMarcus & MillichapMore Info
310-367-7611

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