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Vacant-User

1451 Pacific Ave

1451 Pacific Ave, Oxnard, CA 93033

Listing Price: $3,960,000

Gross SF
14,400
Price/Gross SF
$275.00
Lot Size
0.84 acres
Year Built
1999
Rentable SF
14,400

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%.

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

Vacant-User

1451 Pacific Ave

Listing Price: $3,960,000

Gross SF
14,400
Price/Gross SF
$275.00
Lot Size
0.84 acres
Year Built
1999
Rentable SF
14,400

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

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