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Shops at Thousand Oaks Marketplace 520 N Ventu Park Rd

15,136 SF 30% Leased Retail Building Thousand Oaks, CA 91320 $11,500,000 ($760/SF)

Investment Highlights

  • Prominent Retail / Commercial Property
  • Investor or Owner-User Opportunity
  • Strong Daytime Demographics
  • Strong Traffic Counts
  • Long-Term Tenants
  • High Barriers to Entry

Executive Summary

Lockehouse Retail Group is pleased to exclusively offer the Shops at Thousand Oaks Marketplace, an owner-user or investor opportunity to purchase a quality commercial property in the heart of Ventura County. Located at 520 N. Ventu Park Road in Thousand Oaks, CA, it is approximately 14,929 square feet of multi-tenant retail/commercial, situated on 1.78 acres. The property offers investors an established, income-generating asset with upside or an owner-user the ability to occupy a portion of the building for their own use.
Situated at the north end of Thousand Oaks, the property is directly off Highway 101 with easy access and surrounded by daily needs retail. Currently, the property has a mix of long-term tenants and has been well maintained. It is also well located, less than a mile from the Amgen headquarters, which is the largest employer in Ventura County with over 5,500 employees. Additionally, Ventu Park Road is one of the main thoroughfares from Highway 101 to the interior residential area.

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
15,136 SF
Building Class
B
Year Built
2016
Price
$11,500,000
Price Per SF
$760
Percent Leased
30%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.20
Land Acres
1.78 AC
Zoning
C3 - The C-3 Zone is intended for planned shopping centers which serve several neighborhoods.
Parking
80 Spaces (5.36 Spaces per 1,000 SF Leased)
Frontage
379 FT on N Ventu Park Rd

Amenities

  • Signage
  • Air Conditioning

Space Availability

  • Space
  • Size
  • Space Use
  • Position
  • Available
  • 190
  • 1,300 SF
  • Retail
  • In-Line
  • Now

New Construction Grocery Anchored Center. Space is in shell condition with ADA restroom.

  • 200
  • 2,682-3,982 SF
  • Retail
  • In-Line
  • Now

First generation space in Walmart Neighborhood Market anchored shopping center. Last space available in great inline location in front of the Starbucks drive-thru. Owner is motivated and could likely deliver a turnkey store for the right tenant. Space is 2,682 SF and can be expanded to almost 4,000sf. Please contact agents for more information and deal flexibility.

Space Size Space Use Position Available
190 1,300 SF Retail In-Line Now
200 2,682-3,982 SF Retail In-Line Now

190

Size
1,300 SF
Space Use
Retail
Position
In-Line
Available
Now

200

Size
2,682-3,982 SF
Space Use
Retail
Position
In-Line
Available
Now

190

Size 1,300 SF
Space Use Retail
Position In-Line
Available Now

New Construction Grocery Anchored Center. Space is in shell condition with ADA restroom.

200

Size 2,682-3,982 SF
Space Use Retail
Position In-Line
Available Now

First generation space in Walmart Neighborhood Market anchored shopping center. Last space available in great inline location in front of the Starbucks drive-thru. Owner is motivated and could likely deliver a turnkey store for the right tenant. Space is 2,682 SF and can be expanded to almost 4,000sf. Please contact agents for more information and deal flexibility.

Nearby Major Retailers

Walmart Neighborhood Market
Chase Bank
Starbucks
Sourdough & Co
Ralphs
WW
Orangetheory Fitness
Chili's
Sharky's Woodfired Mexican Grill
Citi

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 526-0-170-080
  • 526-0-170-130
Land Assessment
$5,686,255
Improvements Assessment
$4,713,291
Total Assessment
$10,399,546
  • Listing ID: 28795916

  • Date on Market: 6/19/2023

  • Last Updated:

  • Address: 520 N Ventu Park Rd, Thousand Oaks, CA 91320

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