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2167-2175 Pickwick Dr
Camarillo, CA 93010
Retail Property For Sale


Investment Highlights
- Long Term Community Establish Retail Center
- Strategically located across from Post Office
- Ease of Access and Parking
Executive Summary
2167 Pickwick Drive is a neighborhood retail investment opportunity consisting of approximately 10,000 rentable square feet in Camarillo, California. The Property generates
current income from four retail suites occupied by established neighborhood-serving businesses. The tenant roster is anchored by Outlaws Grill & Saloon, a well-established Camarillo neighborhood grill and bar that has served the local community for decades and occupies approximately 30% of the building under a lease extending through September 2032. The remaining tenants include a pharmacy, personal care service provider, and home furnishings retailer, creating diversified income from complementary neighborhood-serving businesses. One suite is anticipated to become available upon lease expiration, providing new ownership with an opportunity to secure a replacement tenant at market rental rates, subject to market conditions.
Strategically located within an established neighborhood retail corridor, the Property benefits from convenient access, strong visibility, and a surrounding customer base supported by established residential neighborhoods, neighborhood-serving businesses, and complementary commercial uses. Convenient access to U.S. Highway 101 provides regional connectivity throughout Ventura County and Southern California.
The Property generates approximately $233,328 in annual Net Operating Income and is offered at a 6.3% capitalization rate based on the current asking price. Income is derived from four retail suites operating under a predominantly Triple Net (NNN) lease structure. Current in-place income is complemented by a near-term leasing opportunity as one suite is expected to become available upon lease expiration, allowing new ownership the opportunity to pursue a new tenant at market rental rates while maintaining income from the remaining occupied suites.
current income from four retail suites occupied by established neighborhood-serving businesses. The tenant roster is anchored by Outlaws Grill & Saloon, a well-established Camarillo neighborhood grill and bar that has served the local community for decades and occupies approximately 30% of the building under a lease extending through September 2032. The remaining tenants include a pharmacy, personal care service provider, and home furnishings retailer, creating diversified income from complementary neighborhood-serving businesses. One suite is anticipated to become available upon lease expiration, providing new ownership with an opportunity to secure a replacement tenant at market rental rates, subject to market conditions.
Strategically located within an established neighborhood retail corridor, the Property benefits from convenient access, strong visibility, and a surrounding customer base supported by established residential neighborhoods, neighborhood-serving businesses, and complementary commercial uses. Convenient access to U.S. Highway 101 provides regional connectivity throughout Ventura County and Southern California.
The Property generates approximately $233,328 in annual Net Operating Income and is offered at a 6.3% capitalization rate based on the current asking price. Income is derived from four retail suites operating under a predominantly Triple Net (NNN) lease structure. Current in-place income is complemented by a near-term leasing opportunity as one suite is expected to become available upon lease expiration, allowing new ownership the opportunity to pursue a new tenant at market rental rates while maintaining income from the remaining occupied suites.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
10,000 SF
Year Built
1965
Price
$3,700,000
Price Per SF
$370
Cap Rate
6.30%
NOI
$233,228
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.27
Lot Size
0.85 AC
Zoning
CCM - Camarillo Commons Mixed-Use
Parking
44 Spaces (4.4 Spaces per 1,000 SF Leased)
Frontage
99’ on Pickwick Dr
Amenities
- Restaurant
- Signage
Property Taxes
| Parcel Number | 165-0-140-045 | Improvements Assessment | $1,538,934 |
| Land Assessment | $1,065,415 | Total Assessment | $2,604,349 |
Property Taxes
Parcel Number
165-0-140-045
Land Assessment
$1,065,415
Improvements Assessment
$1,538,934
Total Assessment
$2,604,349
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