Victoria Office Plaza | 1280 S Victoria Ave
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Victoria Office Plaza 1280 S Victoria Ave
31,050 SF 100% Leased Office Building Ventura, CA 93003 $6,500,000 ($209/SF) 6.49% Cap Rate
Investment Highlights
- Victoria business corridor between the 126 and 101 Freeways.
- Separate electrical meters.
- Covered parking, 130 spaces, parking ratio 3/5/1,000 SF.
- Walking distance to amenities and county government center.
- Permitted for individual condo conversions in-place.
- Fully functional windows throughout.
Executive Summary
Fully leased multi-tenant office building.
Property Facts
Sale Type
Investment
Property Type
Office
Building Size
31,050 SF
Building Class
B
Year Built
1982
Price
$6,500,000
Price Per SF
$209
Cap Rate
6.49%
NOI
$421,613
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
15,525 SF
Building FAR
0.60
Land Acres
1.18 AC
Zoning
RPD7U, Ventura - Planned Development
Parking
70 Spaces (2.25 Spaces per 1,000 SF Leased)
Amenities
- Signage
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Walk Score ®
Very Walkable (80)
Bike Score ®
Very Bikeable (78)
PROPERTY TAXES
Parcel Number | 136-0-010-500 | Improvements Assessment | $2,575,386 |
Land Assessment | $1,892,122 | Total Assessment | $4,467,508 |
PROPERTY TAXES
Parcel Number
136-0-010-500
Land Assessment
$1,892,122
Improvements Assessment
$2,575,386
Total Assessment
$4,467,508
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Presented by
Doll Real Estate Services
Victoria Office Plaza | 1280 S Victoria Ave
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