Shopping Neighborhood
Vineyard Plaza
2311 N Oxnard Blvd, Oxnard, CA 93036
Listing Price: $22,360,000
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
Vineyard Plaza
Investment Highlights
- Offered at a 6.34% Cap Rate on Current Income and 7.08% 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
Listing Price: $22,360,000
Investment Highlights
- Offered at a 6.34% Cap Rate on Current Income and 7.08% 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
