1365-1371 Del Norte Rd
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1365-1371 Del Norte Rd
12,000 SF 100% Leased Flex Building Camarillo, CA 93010 $4,350,000 ($363/SF) 4.90% Cap Rate
Investment Highlights
- 101 freeway visibility
- Building is part of Commercial Owner Association
- Abundant parking
Executive Summary
Fantastic freeway visible investment property located in Camarillo. Fully-leased multi-tenant building Major building signage with great visibility on 101 Freeway. Abundant parking available (parking ratio: 3/1,000 sf).
Nestled between Los Angeles and Santa Barbara Counties, the city of Camarillo is a vibrant community, centrally located within Ventura County. The property features a desirable location on the 101 Freeway / Central Avenue exit, with excellent visibility along this major commuter thoroughfare. It is easily accessible from the 118 Freeway and Highway 1 / Pacific Coast Highway, and is just 10 miles away from the ocean.
Located within Camarillo’s major shopping destination, this property is just one offramp away from the Camarillo Premium Outlets. It is also near the up-and-coming Springville retail center and planned community, currently in development. It also is within close proximity to Cal State University Channel Islands (CSUCI), the Naval Base, and Camarillo Airport (CMA).
Nestled between Los Angeles and Santa Barbara Counties, the city of Camarillo is a vibrant community, centrally located within Ventura County. The property features a desirable location on the 101 Freeway / Central Avenue exit, with excellent visibility along this major commuter thoroughfare. It is easily accessible from the 118 Freeway and Highway 1 / Pacific Coast Highway, and is just 10 miles away from the ocean.
Located within Camarillo’s major shopping destination, this property is just one offramp away from the Camarillo Premium Outlets. It is also near the up-and-coming Springville retail center and planned community, currently in development. It also is within close proximity to Cal State University Channel Islands (CSUCI), the Naval Base, and Camarillo Airport (CMA).
Property Facts
| Price | $4,350,000 | Lot Size | 0.28 AC |
| Price Per SF | $363 | Rentable Building Area | 12,000 SF |
| Sale Type | Investment | No. Stories | 1 |
| Cap Rate | 4.90% | Year Built | 1982 |
| Property Type | Flex | Parking Ratio | 4.09/1,000 SF |
| Property Subtype | Showroom | No. Drive In / Grade-Level Doors | 1 |
| Building Class | B |
| Price | $4,350,000 |
| Price Per SF | $363 |
| Sale Type | Investment |
| Cap Rate | 4.90% |
| Property Type | Flex |
| Property Subtype | Showroom |
| Building Class | B |
| Lot Size | 0.28 AC |
| Rentable Building Area | 12,000 SF |
| No. Stories | 1 |
| Year Built | 1982 |
| Parking Ratio | 4.09/1,000 SF |
| No. Drive In / Grade-Level Doors | 1 |
Amenities
- Signage
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PROPERTY TAXES
| Parcel Number | 148-0-020-225 | Improvements Assessment | $1,473,942 |
| Land Assessment | $1,113,091 | Total Assessment | $2,587,033 |
PROPERTY TAXES
Parcel Number
148-0-020-225
Land Assessment
$1,113,091
Improvements Assessment
$1,473,942
Total Assessment
$2,587,033
zoning
| Zoning Code | CPD (Flexible space, currently used for a gym use. Could be retail. Great 101 Freeway exposure with building signage.) |
| CPD (Flexible space, currently used for a gym use. Could be retail. Great 101 Freeway exposure with building signage.) |
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Jeffrey Becker -
The Becker Group
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1365-1371 Del Norte Rd
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