Ventura Connection | 20833-20861 Ventura Blvd
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Ventura Connection 20833-20861 Ventura Blvd
64,219 SF 91% Leased Retail Building Woodland Hills, CA 91364 $21,000,000 ($327/SF) 6.09% Cap Rate
Investment Highlights
- Prime Location: Located in the bustling Woodland Hills area, this retail property benefits from high traffic volume and easy access to major freeways.
- Diverse Tenant Mix: Ventura Connection features a variety of established tenants, ensuring a stable and attractive income stream.
- Growth Potential: Woodland Hills is a growing community with increasing commercial activity, offering significant upside potential for appreciation.
- Ample Parking: Generous parking space ensures ease of access for shoppers, enhancing the customer experience and increasing foot traffic to tenants.
- Well-Maintained Property: The property has been meticulously maintained, providing a welcoming and attractive environment for shoppers.
Executive Summary
Presenting an exceptional investment opportunity in prime Woodland Hills, California, this multi-tenant
retail center enjoys unparalleled advantages in one of Southern California’s most coveted submarkets,
situated on the bustling, vibrant Ventura Boulevard corridor. With 100% occupancy and prominent
corner visibility adjacent to a Target retail anchor, the property benefits from robust demographics,
high population density, and convenient freeway access. Meticulously maintained and efficiently
managed under conservative stewardship, the property stands as a pillar of stability with future upside
in both rents and CAM charges. Ample parking, prominent signage, a diverse tenant mix, and future
redevelopment potential further enhance its appeal. This property offers investors a secure haven with a strong cap rate and substantial growth potential in a location that is truly irreplaceable. Exclusively represented by Sotheby’s International Realty.
retail center enjoys unparalleled advantages in one of Southern California’s most coveted submarkets,
situated on the bustling, vibrant Ventura Boulevard corridor. With 100% occupancy and prominent
corner visibility adjacent to a Target retail anchor, the property benefits from robust demographics,
high population density, and convenient freeway access. Meticulously maintained and efficiently
managed under conservative stewardship, the property stands as a pillar of stability with future upside
in both rents and CAM charges. Ample parking, prominent signage, a diverse tenant mix, and future
redevelopment potential further enhance its appeal. This property offers investors a secure haven with a strong cap rate and substantial growth potential in a location that is truly irreplaceable. Exclusively represented by Sotheby’s International Realty.
Data Room Click Here to Access
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
64,219 SF
Building Class
B
Year Built/Renovated
1978/2012
Price
$21,000,000
Price Per SF
$327
Cap Rate
6.09%
NOI
$1,278,443
Percent Leased
91%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.60
Lot Size
2.45 AC
Zoning
(Q)C4-1 - Commercial
Parking
195 Spaces (3.04 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Bus Line
- Restaurant
- Signage
MAJOR TENANTS Click Here to Access
- Tenant
- Industry
- SF OCCUPIED
- RENT/SF
- Lease End
- BEBE Saara Party & Hooka Lounge
- Accommodation and Food Services
-
99,999 SF
- -
- -
- Breakthrough Strength & Fitness
- Services
-
99,999 SF
- -
- -
- Bridal Warehouse
- Retailer
-
99,999 SF
- -
- -
- Bridge Academy
- Educational Services
-
99,999 SF
- -
- -
- DeCarra Beauty Salon
- Health Care and Social Assistance
-
99,999 SF
- -
- -
- Hummus Republic
- Accommodation and Food Services
-
99,999 SF
- -
- -
- Mon Sushi
- Accommodation and Food Services
-
99,999 SF
- -
- -
- My Gym
- Health Care and Social Assistance
-
99,999 SF
- -
- -
- Spa Day
- Health Care and Social Assistance
-
99,999 SF
- -
- -
- Viridian Art Academy
- Arts, Entertainment, and Recreation
-
99,999 SF
- -
- -
| Tenant | Industry | SF OCCUPIED | RENT/SF | Lease End | ||
| BEBE Saara Party & Hooka Lounge | Accommodation and Food Services | 99,999 SF | - | - | ||
| Breakthrough Strength & Fitness | Services | 99,999 SF | - | - | ||
| Bridal Warehouse | Retailer | 99,999 SF | - | - | ||
| Bridge Academy | Educational Services | 99,999 SF | - | - | ||
| DeCarra Beauty Salon | Health Care and Social Assistance | 99,999 SF | - | - | ||
| Hummus Republic | Accommodation and Food Services | 99,999 SF | - | - | ||
| Mon Sushi | Accommodation and Food Services | 99,999 SF | - | - | ||
| My Gym | Health Care and Social Assistance | 99,999 SF | - | - | ||
| Spa Day | Health Care and Social Assistance | 99,999 SF | - | - | ||
| Viridian Art Academy | Arts, Entertainment, and Recreation | 99,999 SF | - | - |
Walk Score ®
Very Walkable (74)
Nearby Major Retailers
![[solidcore]](https://images1.loopnet.com/i2/X1DfwMFhQUJtrEvdN0O4PHppb1UchnIXcAPoILYKKzI/105/image.jpg "[solidcore]")
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $1,104,783 | |
| Land Assessment | $5,700,836 | Total Assessment | $6,805,619 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$5,700,836
Improvements Assessment
$1,104,783
Total Assessment
$6,805,619
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Ventura Connection | 20833-20861 Ventura Blvd
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