Vacant-User
1451 Pacific Ave
1451 Pacific Ave, Oxnard, CA 93033
Listing Price: $3,960,000
Investment Overview
Marcus & Millichap is pleased to present 1451 Pacific Ave (“The Property”), a 14,400 square vacant industrial facility on 36,590 square feet of MLPD zoned land. With two separately-metered units, 1451 Pacific presents the opportunity to either occupy the entire property or lease one unit for additional income and future expansion plans. The Property benefits from a 20’ clear height, heavy power, and an
ideal location near the Port of Hueneme and major transportation routes.
The Property sits in the city of Oxnard in western Ventura County, directly between Los Angeles and Santa Barbara. Home to over 337,000 people with an average household income exceeding $102,000 within ten miles, the area benefits from a dense and highly educated workforce, excellent weather, and more affordable housing and a lower cost of doing business than neighboring Los Angeles and Santa Barbara Counties. Strong market fundamentals exist in the high barrier to entry market. As of Q2 2023, Oxnard boasts an industrial vacancy of just 1.3%.
1451 Pacific Ave
Investment Highlights
- Ideal Owner User Industrial Opportunity
- Two-Unit Property Provides Ability to Off-Set Occupancy Costs With Future Expansion Ability
- Close Proximity to The Port of Hueneme and Several Vital Transportation Routes
- Heavy Power, High Clear Height, Ideal Off ice Buildout, and Bonus Mezzanine Space
- Prime Southern California Industrial Location at Discount to Neighboring Markets
- Thriving Industrial Market Fundamentals
- Close Proximity to Naval Base Ventura County
- Located in an Opportunity Zone and an Approved Cannabis Zone
Exclusively Listed By
Financing By
Listing Price: $3,960,000
Investment Highlights
- Ideal Owner User Industrial Opportunity
- Two-Unit Property Provides Ability to Off-Set Occupancy Costs With Future Expansion Ability
- Close Proximity to The Port of Hueneme and Several Vital Transportation Routes
- Heavy Power, High Clear Height, Ideal Off ice Buildout, and Bonus Mezzanine Space
- Prime Southern California Industrial Location at Discount to Neighboring Markets
- Thriving Industrial Market Fundamentals
- Close Proximity to Naval Base Ventura County
- Located in an Opportunity Zone and an Approved Cannabis Zone
Investment Overview
Marcus & Millichap is pleased to present 1451 Pacific Ave (“The Property”), a 14,400 square vacant industrial facility on 36,590 square feet of MLPD zoned land. With two separately-metered units, 1451 Pacific presents the opportunity to either occupy the entire property or lease one unit for additional income and future expansion plans. The Property benefits from a 20’ clear height, heavy power, and an ideal location near the Port of Hueneme and major transportation routes. The Property sits in the city of Oxnard in western Ventura County, directly between Los Angeles and Santa Barbara. Home to over 337,000 people with an average household income exceeding $102,000 within ten miles, the area benefits from a dense and highly educated workforce, excellent weather, and more affordable housing and a lower cost of doing business than neighboring Los Angeles and Santa Barbara Counties. Strong market fundamentals exist in the high barrier to entry market. As of Q2 2023, Oxnard boasts an industrial vacancy of just 1.3%.
Exclusively Listed By
Financing By
