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2101 Pickwick Dr
Camarillo, CA 93010
Retail Property For Sale


Investment Highlights
- Triple Net (NNN) lease structure
- Generous Parking
- Neighborhood Retail with balanced mix of tenants
Executive Summary
2101 Pickwick Drive is a neighborhood retail investment opportunity consisting of approximately 25,360 rentable square feet situated on an 80,586-square-foot parcel in Camarillo, California. The Property is leased to a diversified tenant roster providing in-place cash flow supported by a balanced mix of medical, grocery, restaurant, fitness, personal care, and specialty retail uses. The Property benefits from a Triple Net (NNN) lease structure, multiple income sources, and annual contractual rent increases throughout much of the rent roll. The combination of current income, tenant diversification, and future lease renewal opportunities makes this an attractive offering for private investors, family offices, and 1031 exchange buyers.
Convenient access to U.S. Highway 101 provides regional connectivity throughout Ventura County and to the greater Southern California market. The surrounding residential base and strong demographic profile continue to support long-term demand for neighborhood-serving retail businesses.
The Property generates approximately $785,422 in annual Net Operating Income, representing an approximate 6.95% capitalization rate based on the asking price of $11,300,000. Income is derived from a diversified tenant roster operating under a predominantly Triple Net (NNN) lease structure that allows ownership to recover a substantial portion of operating expenses through Common Area Maintenance reimbursements. The diversified rent roll, contractual annual rental increases, and established tenant occupancy provide stable cash flow while creating opportunities for future income growth through lease renewals and market rent adjustments. Prospective purchasers should independently verify all financial information during the due diligence period.
Convenient access to U.S. Highway 101 provides regional connectivity throughout Ventura County and to the greater Southern California market. The surrounding residential base and strong demographic profile continue to support long-term demand for neighborhood-serving retail businesses.
The Property generates approximately $785,422 in annual Net Operating Income, representing an approximate 6.95% capitalization rate based on the asking price of $11,300,000. Income is derived from a diversified tenant roster operating under a predominantly Triple Net (NNN) lease structure that allows ownership to recover a substantial portion of operating expenses through Common Area Maintenance reimbursements. The diversified rent roll, contractual annual rental increases, and established tenant occupancy provide stable cash flow while creating opportunities for future income growth through lease renewals and market rent adjustments. Prospective purchasers should independently verify all financial information during the due diligence period.
Property Facts
Sale Type
Investment
Property Type
Retail
Building Size
25,360 SF
Building Class
B
Year Built
1986
Price
$11,300,000
Price Per SF
$445.58
Cap Rate
6.95%
NOI
$785,422
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.31
Lot Size
1.85 AC
Zoning
CCM - Camarillo Commons Mixed-Use
Parking
86 Spaces (3.39 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Bus Line
- Pylon Sign
- Signage
Property Taxes
| Parcel Number | 165-0-140-215 | Improvements Assessment | $2,494,299 |
| Land Assessment | $1,029,876 | Total Assessment | $3,524,175 |
Property Taxes
Parcel Number
165-0-140-215
Land Assessment
$1,029,876
Improvements Assessment
$2,494,299
Total Assessment
$3,524,175
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