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2100-2228 Saviers Rd 23,284 SF 91% Leased Retail Building Oxnard, CA 93033 $6,450,000 ($277.01/SF) 5.66% Cap Rate
Executive Summary
Prime Retail Center with frontage street exposure to Saviers Road, a primary multi-lane arterial with strong traffic counts. Close proximity to major intersection of Channel Islands Blvd & Saviers Rd. This is one of the busiest commercial hubs in South Oxnard, featuring Walmart bringing repeat weekly shopping customers to the area benefitting smaller retailers. Center is supported by dense established neighborhoods & Santa Clara High School across the street. Oxnard is the most populated city in Ventura County, located along the coast between Santa Barbara & Los Angeles.
Property Facts
Sale Type
Investment
Property Type
Retail
Building Size
23,284 SF
Building Class
B
Year Built
1980
Price
$6,450,000
Price Per SF
$277.01
Cap Rate
5.66%
NOI
$365,341
Percent Leased
91%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.32
Lot Size
1.70 AC
Zoning
C2PD
Parking
115 Spaces (4.94 Spaces per 1,000 SF Leased)
Frontage
443’ on Saviers Rd
Amenities
- Pylon Sign
- Signage
Moderately walkable
60/100
Exceptionally drivable
90/100
Some public transit
50/100
Fairly bikeable
50/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 204-0-134-250 | Improvements Assessment | $2,179,860 |
| Land Assessment | $1,065,927 | Total Assessment | $3,245,787 |
Property Taxes
Parcel Number
204-0-134-250
Land Assessment
$1,065,927
Improvements Assessment
$2,179,860
Total Assessment
$3,245,787
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2100-2228 Saviers Rd