Vista Ford Of Oxnard 1501 Auto Center Dr 70,999 SF Retail Building Oxnard, CA 93036 $22,900,000 ($322.54/SF) 7.77% Cap Rate

100% Occupied NNN Investment with Future Owner-User or Redevelopment Potential
This 70,999 SF automotive dealership sits on approximately 8 acres and is currently 100% occupied by Ford under a triple-net (NNN) lease.
Lease Information:
Approximately 3 years remaining on the current Ford lease.
Current rental income: $165,000 per month NNN.
No renewal options or lease extensions remain.
Ford has indicated its intent to vacate upon expiration of the current lease, presenting a rare opportunity for an owner-user, investor, or redevelopment project.
The building was extensively renovated in 2000 and has an estimated remaining economic life of approximately 35 years.
Building Breakdown:
Office: 11,675 SF
Showroom & Parts: 11,378 SF
Parts Storage: 5,246 SF
Service Shop: 31,727 SF
Sales Canopy: 6,817 SF
Service Canopy: 4,146 SF
Rooftop Parking: 64,580 SF
Building Features:
Concrete block construction on a concrete slab with compacted fill.
Wood post-and-beam framing with concrete block exterior walls.
Flat roof with rooftop parking.
Forced-air heating.
Central HVAC.
Fluorescent lighting in the showroom.
LED lighting throughout the service area.
Fire sprinkler system and smoke alarms.
Elevator access.
Low-maintenance irrigation system for landscaped areas.
Zoning
Commercial Regional / Auto Sales & Service (CR – Rose-Santa Clara Specific Plan)
This property offers investors stable in-place income today while providing significant flexibility at lease expiration for owner occupancy, re-tenanting, or redevelopment.