520 N Ventu Park Rd - Storefront Retail/Office FOR SALE


Thousand Oaks, CA 91320- Outer Thousand Oaks
$11,500,000 USD
805-232-4550
520 N Ventu Park Rd, Thousand Oaks, CA for Sale
$11,500,000 USD
Storefront Retail/Office - FOR SALE
1/13
null | Request Cap Rate

520 N Ventu Park Rd
Thousand Oaks, CA 91320
Outer Thousand Oaks


HIGHLIGHTS

  • Freeway Adjacent - Highway 101 with 169,780 ADT
  • Shadow Anchored - Walmart Neighborhood Market, Walgreens, Starbucks Drive-Thru
  • Affluent Demographics - $135K median HH income, $2.1M avg HH net worth
  • Amgen Proximity - 5,500 employees + $600M expansion nearby
  • NNN Leases - landlord-friendly structure with built-in rent increases
  • High Barriers to Entry

OVERVIEW

Lockehouse Retail Group is pleased to present the exclusive offering of the Shops at Thousand Oaks Marketplace—a rare opportunity to acquire a well-located retail asset in the heart of Ventura County. The property comprises approximately 14,930 square feet of multi-tenant retail on 1.78 acres, shadow-anchored by a national grocer. Currently 91% occupied, the center generates stable cash flow from a diverse tenant mix while providing upside through lease-up of the remaining vacancy. Positioned along Highway 101, the center benefits from convenient access and strong traffic counts, drawing from a base of established residential neighborhoods and complementary daily-needs retail. The property is further supported by its proximity to Amgen’s global headquarters - employing more than 5,500 people and expanding with a new pharmaceutical hub, which enhances daytime demographics and long-term demand drivers. With robust demographics, a highly skilled workforce, and sustained corporate investment, the Shops at Thousand Oaks Marketplace represents a compelling opportunity to acquire a well-located retail asset offering durable income today and meaningful growth potential in one of Southern California’s most supply-constrained markets.

FOR SALE DETAILS

PRICE

$11,500,000 USD

PRICE/SF

$770 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Shops at Thousand Oaks Marketplace

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2016

SPRINKLERS

-

PARKING SPACES

80

LAND DETAILS

LAND ACRES

1.78 AC

LAND SF

77,537 SF

ZONING

C3

APN/PARCEL ID

526-0-170-130

ASK ABOUT THIS PROPERTY

Natalie V. Wagner, CCIMLockehouse Retail GroupMore Info
805-232-4550

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Natalie V. Wagner, CCIMLockehouse Retail GroupMore Info
805-232-4550

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