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Shopping Neighborhood

Vineyard Plaza

2311 N Oxnard Blvd, Oxnard, CA 93036

Listing Price: $22,360,000

Cap Rate
6.30%
Gross SF
62,669
Rentable SF
62,669
Price/Gross SF
$356.80
Lot Size
5.47 acres
Year Built
1988

Investment Overview

Prime Retail Location -The Subject Property is Located at the First Major Intersection off of the 101 Highway Exit – Traffic Counts at this Intersection Exceed 80,000 Cars Per Day -Over 60% of the Tenants at the Subject Property are Serviced-Oriented Business that Insulated from E-Commerce Competition -Synergistic Tenant Mix of Restaurant and Service Tenants Promotes Strong and Recurring Patronage to the Subject Property -Other Major Retailers in this Area Include Carl’s Jr. (NAP), Lowe’s, Home Depot, Dick’s Sporting Goods, Walgreens, Target, ULTA Beauty, H&M, In N Out, BJ’s Restaurant & Brewhouse, and Many More Strong Real Estate Fundamentals -Highly Visible Monument Signage on both Vineyard Avenue (40,000 Cars Per Day) and Oxnard Boulevard (41,000 Cars Per Day) -Multiple Points of Ingress and Egress on Both Oxnard Boulevard and Vineyard Avenue -The Subject Property is Surrounded by a Large Number of Multifamily and Single Family Residences, Providing for a Strong Immediate Customer Base – Please See Aerial on Page 3 for More Information -Dense, Infill Area with 290,835 Residents Within Five Miles | Strong Average Household Income of $95,218 Within Five Miles

Investment Highlights

  • Offered at a 6.30% Cap Rate on Current Income and 6.94% on Pro Forma
  • Seasoned Tenant Base with Over 56% of the Center Having Occupied their Spaces for Over 10 Years
  • Rare Coastal California Location Situated Less Than 5 Miles from the California Coastline
  • Oxnard has Experienced Tremendous Growth as Residents from More Expensive Coastal Markets to the North and South have Migrated and Compressed into this Region

Exclusively Listed By

Shopping Neighborhood

Vineyard Plaza

Listing Price: $22,360,000

Cap Rate
6.30%
Gross SF
62,669
Rentable SF
62,669
Price/Gross SF
$356.80
Lot Size
5.47 acres
Year Built
1988

Investment Highlights

  • Offered at a 6.30% Cap Rate on Current Income and 6.94% on Pro Forma
  • Seasoned Tenant Base with Over 56% of the Center Having Occupied their Spaces for Over 10 Years
  • Rare Coastal California Location Situated Less Than 5 Miles from the California Coastline
  • Oxnard has Experienced Tremendous Growth as Residents from More Expensive Coastal Markets to the North and South have Migrated and Compressed into this Region

Investment Overview

Prime Retail Location -The Subject Property is Located at the First Major Intersection off of the 101 Highway Exit – Traffic Counts at this Intersection Exceed 80,000 Cars Per Day -Over 60% of the Tenants at the Subject Property are Serviced-Oriented Business that Insulated from E-Commerce Competition -Synergistic Tenant Mix of Restaurant and Service Tenants Promotes Strong and Recurring Patronage to the Subject Property -Other Major Retailers in this Area Include Carl’s Jr. (NAP), Lowe’s, Home Depot, Dick’s Sporting Goods, Walgreens, Target, ULTA Beauty, H&M, In N Out, BJ’s Restaurant & Brewhouse, and Many More Strong Real Estate Fundamentals -Highly Visible Monument Signage on both Vineyard Avenue (40,000 Cars Per Day) and Oxnard Boulevard (41,000 Cars Per Day) -Multiple Points of Ingress and Egress on Both Oxnard Boulevard and Vineyard Avenue -The Subject Property is Surrounded by a Large Number of Multifamily and Single Family Residences, Providing for a Strong Immediate Customer Base – Please See Aerial on Page 3 for More Information -Dense, Infill Area with 290,835 Residents Within Five Miles | Strong Average Household Income of $95,218 Within Five Miles

Exclusively Listed By

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