3901 Las Posas Rd
This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
thank you
Your email has been sent!
3901 Las Posas Rd
43,394 SF 100% Leased Office Building Camarillo, CA 93010 $7,500,000 ($173/SF) 5.60% Cap Rate
Investment Highlights
- Value-Add Medical Office Building Situated on 3.03 Acres of Land
- 179 Parking Spaces
- The property is located in a high-demand area of Camarillo, CA, with excellent visibility and accessibility.
- Directly Across the street to Dignity Health St. Johns Pleasant Valley Hospital
- The building currently hosts a range of medical tenants, providing a stable income stream.
- Camarillo’s expanding population and robust economic development contribute to a strong demand for medical office space
Executive Summary
Matthew Luchs of the Zacuto Group is pleased to offer an exceptional investment opportunity at 3901 E Las Posas Road, Camarillo, CA. This 50,250 square foot medical office building represents a premier asset strategically located directly across from Dignity Health St. John’s Hospital (SJHC). SJHC, notable for housing Camarillo’s inaugural cardiac catheterization lab and an accredited Level III Geriatric Emergency Department, is part of the largest acute care organization in Ventura County alongside St. John’s Regional Medical Center in Oxnard.
The property is situated on 3.03 acres (131,987 square feet) of land and includes 179 parking spaces, providing a robust parking ratio of 3.56 spaces per 1,000 square feet. Currently, the building is 69% occupied, presenting a significant opportunity for an investor to enter a high-barrier medical market with immediate upside potential and opportunities for future value enhancement.
Camarillo is a rapidly growing city within Ventura County, known for its strong economic performance and affluent demographics. The property's central location ensures high visibility and accessibility, making it an attractive investment in a market characterized by strong demand for high-quality medical services. This dynamic environment positions the asset as a compelling opportunity for investors seeking to capitalize on a prime medical office space with substantial growth potential.
The property is situated on 3.03 acres (131,987 square feet) of land and includes 179 parking spaces, providing a robust parking ratio of 3.56 spaces per 1,000 square feet. Currently, the building is 69% occupied, presenting a significant opportunity for an investor to enter a high-barrier medical market with immediate upside potential and opportunities for future value enhancement.
Camarillo is a rapidly growing city within Ventura County, known for its strong economic performance and affluent demographics. The property's central location ensures high visibility and accessibility, making it an attractive investment in a market characterized by strong demand for high-quality medical services. This dynamic environment positions the asset as a compelling opportunity for investors seeking to capitalize on a prime medical office space with substantial growth potential.
Financial Summary (Actual - 2024) |
Annual | Annual Per SF |
---|---|---|
Gross Rental Income | $914,506 | $21.07 |
Other Income | - | - |
Vacancy Loss | $45,725 | $1.05 |
Effective Gross Income | $868,781 | $20.02 |
Taxes | $100,000 | $2.30 |
Operating Expenses | $348,926 | $8.04 |
Total Expenses | $448,926 | $10.35 |
Net Operating Income | $419,855 | $9.68 |
Financial Summary (Actual - 2024)
Gross Rental Income | |
---|---|
Annual | $914,506 |
Annual Per SF | $21.07 |
Other Income | |
---|---|
Annual | - |
Annual Per SF | - |
Vacancy Loss | |
---|---|
Annual | $45,725 |
Annual Per SF | $1.05 |
Effective Gross Income | |
---|---|
Annual | $868,781 |
Annual Per SF | $20.02 |
Taxes | |
---|---|
Annual | $100,000 |
Annual Per SF | $2.30 |
Operating Expenses | |
---|---|
Annual | $348,926 |
Annual Per SF | $8.04 |
Total Expenses | |
---|---|
Annual | $448,926 |
Annual Per SF | $10.35 |
Net Operating Income | |
---|---|
Annual | $419,855 |
Annual Per SF | $9.68 |
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Medical
Building Size
43,394 SF
Building Class
B
Year Built/Renovated
1977/2009
Price
$7,500,000
Price Per SF
$173
Cap Rate
5.60%
NOI
$420,000
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
21,697 SF
Slab To Slab
10’
Building FAR
0.33
Lot Size
3.03 AC
Zoning
CPD - Commercial
Parking
179 Spaces (4.12 Spaces per 1,000 SF Leased)
Amenities
- Basement
1 of 1
PROPERTY TAXES
Parcel Number | 156-0-150-070 | Total Assessment | $11,105,780 |
Land Assessment | $3,203,317 | Annual Taxes | $100,000 ($2.30/SF) |
Improvements Assessment | $7,902,463 | Tax Year | 2024 |
PROPERTY TAXES
Parcel Number
156-0-150-070
Land Assessment
$3,203,317
Improvements Assessment
$7,902,463
Total Assessment
$11,105,780
Annual Taxes
$100,000 ($2.30/SF)
Tax Year
2024
1 of 9
VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1 of 1
Presented by
3901 Las Posas Rd
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.