764 Los Angeles Ave - Freestanding FOR SALE


Simi Valley, CA 93065
$2,150,000 USD
310-713-3337
764 Los Angeles Ave, Simi Valley, CA for Sale
$2,150,000 USD
Freestanding - FOR SALE
1/12
null | 4.21% Cap Rate

764 Los Angeles Ave
Simi Valley, CA 93065


HIGHLIGHTS

  • Property Leased to Enterprise Rent-A-Car on 5- Year NNN lease (expires 12/31/2030)
  • 1,250 SF BUILDING / 13,939 SF LOT
  • Largest rental car operator in United States with $35+ billion in revenue, 9,500 global locations, and 90,000 employees
  • True NNN — zero landlord responsibilities
  • Prime visibility in one of Ventura County’s most reliable retail corridors

OVERVIEW

This ±1,250 SF freestanding building on a fully paved ±13,939 SF lot offers investors a rare opportunity to acquire a true NNN lease with zero landlord responsibilities in one of Ventura County's most reliable retail corridors. Leased to Enterprise Rent-A-Car—the largest rental car operator in the United States with $35+ billion in revenue and 9,500 global locations—through December 31, 2030, the property delivers passive income backed by a credit tenant in a high barrier-to-entry automotive-zoned location. Situated in an affluent, commuter-driven market with prime visibility along E Los Angeles Ave, the site benefits from strong local demographics, including a $118K median household income, 70%+ homeownership rate, and car-dependent demand patterns that support long-term tenant performance and stability.

FOR SALE DETAILS

PRICE

$2,150,000 USD

PRICE/SF

$1,709 USD /SF

CAP RATE

4.21%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1940

SPRINKLERS

-

PARKING SPACES

60

LAND DETAILS

LAND ACRES

0.32 AC

LAND SF

13,939 SF

ZONING

CPD

APN/PARCEL ID

631-0-103-045

ASK ABOUT THIS PROPERTY

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310-713-3337

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310-713-3337

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