Vista Ford Of Oxnard 1501 Auto Center Dr 70,999 SF Retail Building Oxnard, CA 93036 $22,000,000 ($309.86/SF) 4.91% Cap Rate
EXECUTIVE SUMMARY
This property (1501 Auto Center Drive) is 100% occupied, with a NNN lease.70999SF on 8 Acres. Building renovated in 2000 and and has a remaining economic life of 35years.
BREAKDOWN:
FORD-
OFFICE SPACE = 11675SF
SHOWROOM/PARTS = 11378SF
PARTS STORAGE = 5246SF
SERVICE SHOP= 31727SF
SALES CANOPY = 6817SF
SERVICE CANOPY = 4146SF
ROOFTOP PARKING = 64580SF
Structure is concrete block on concrete slab on compacted fill. Wood post and beam with concrete block exterior walls. Flat roof with parking.
HEAT = Forced Air
AC= Central HVAC
Fluorescent lights in showroom/ LED lights in service area.
Fire Sprinkler system and smoke alarms.
Elevators- YES
Low-Maintenance irrigation system for landscaping.
GENERAL INFO:
COMMERCIAL REGIONAL/AUTO SALES AND SERVICE (CR/ ROSE-SANTA CLARA SPECIFIC PLAN) ZONING
BREAKDOWN:
FORD-
OFFICE SPACE = 11675SF
SHOWROOM/PARTS = 11378SF
PARTS STORAGE = 5246SF
SERVICE SHOP= 31727SF
SALES CANOPY = 6817SF
SERVICE CANOPY = 4146SF
ROOFTOP PARKING = 64580SF
Structure is concrete block on concrete slab on compacted fill. Wood post and beam with concrete block exterior walls. Flat roof with parking.
HEAT = Forced Air
AC= Central HVAC
Fluorescent lights in showroom/ LED lights in service area.
Fire Sprinkler system and smoke alarms.
Elevators- YES
Low-Maintenance irrigation system for landscaping.
GENERAL INFO:
COMMERCIAL REGIONAL/AUTO SALES AND SERVICE (CR/ ROSE-SANTA CLARA SPECIFIC PLAN) ZONING
FINANCIAL SUMMARY (ACTUAL - 2023) |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
$1,080,000
|
$15.21
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$1,080,000
|
$15.21
|
| Net Operating Income |
-
|
-
|
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Auto Dealership
Building Size
70,999 SF
Building Class
C
Year Built
2000
Price
$22,000,000
Price Per SF
$309.86
Cap Rate
4.91%
NOI
$1,080,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.20
Lot Size
8.00 AC
Zoning
C2, Oxnard - Commercial Regional/Auto Sales and Service
Parking
850 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- Corner Lot
- Signalized Intersection
- Monument Signage
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $8,052,000 (2024) | |
| Land Assessment | $10,248,000 (2024) | Total Assessment | $18,300,000 (2024) |
