1542 E Los Angeles Ave
Simi Valley, CA 93065
Rancho Simi Plaza · Retail Property For Sale

SVN is proud to present: Rancho Simi Plaza. An incredible opportunity to own a NNN retail center anchored by two highly desirable national credit tenants: FedEx Office and Sally Beauty Supply/CosmoProf. FedEx has been a long-standing tenant for over 20 years and has just renewed its lease. FedEx occupies 50% of the RBA. Sally Beauty Supply/CosmoProf with 28% of RBA has been a tenant for over 15 years and renewed its lease less than a year ago. Both of these national tenants provide a credible and stable tenant base for a sound investment. The remainder of the center is occupied by Layla Threading (a 10-store cosmetic services company) and Claddagh Dance Company (a 6-store Irish dancing school).The appealing faade of this property with awnings and tile roof-line is clearly visible to the 29,000 daily traffic count, offering an easy access with its 3-way signalized intersection and a conveniently accessible parking. This high-density trade area location features affluent demographics: 3-mile radius exceeds 63,690 in population, while the annual household income averages approximately $120,000. The population growth is expected to exceed 4% in both the 3 and 5-mile radius.Lo Simi Valley is the third largest city in Ventura County and is known as the key to the county. The City provides easy access to many of California's major freeways including I-5, 405, and US-118 which runs right through the city. Just 30 miles northwest of Los Angeles, Simi Valley has unique landmarks of history. Ronald Reagan Library is one of the most popular destination for locals and tourists.