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Highlights

  • Heavy daytime foot and car traffic
  • Location sells beer and wine
  • Major adjacent multifamily redevelopment

Space Availability (1)

Display Rental Rate as

  • Space
  • Size
  • Term
  • Rental Rate
  • Rent Type
  • 1st Floor
  • 4,120 SF
  • 5 Years
  • $24.00 /SF/YR $2.00 /SF/MO $98,880 /YR $8,240 /MO
  • Triple Net (NNN)
Space Use
Retail
Build-Out
Full Build-Out
Availability
August 01, 2026
  • Lease rate does not include utilities, property expenses or building services
  • Fully Built-Out as a Restaurant or Café Space
  • Anchor Space
  • Central Air and Heating
  • Partitioned Offices
  • Private Restrooms
  • Security System
  • Closed Circuit Television Monitoring (CCTV)
  • Corner Space
  • High Ceilings
  • Drop Ceilings
Space Size Term Rental Rate Rent Type
1st Floor 4,120 SF 5 Years $24.00 /SF/YR $2.00 /SF/MO $98,880 /YR $8,240 /MO Triple Net (NNN)

1st Floor

Size
4,120 SF
Term
5 Years
Rental Rate
$24.00 /SF/YR $2.00 /SF/MO $98,880 /YR $8,240 /MO
Rent Type
Triple Net (NNN)
Space Use
Retail
Build-Out
Full Build-Out
Availability
August 01, 2026

  • Lease rate does not include utilities, property expenses or building services
  • Fully Built-Out as a Restaurant or Café Space
  • Anchor Space
  • Central Air and Heating
  • Partitioned Offices
  • Private Restrooms
  • Security System
  • Closed Circuit Television Monitoring (CCTV)
  • Corner Space
  • High Ceilings
  • Drop Ceilings

Rent Types


The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.

1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.

2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.

3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.

4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.

5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.

6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.

7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.

Select Tenants at Tapo Oaks Shopping Center

  • Tenant
  • Description
  • US Locations
  • Reach
  • Family Mongolia BBQ
  • Restaurant
  • 1
  • -
  • Forever Found
  • Services
  • 1
  • -
  • Second Story A Thrifty Boutique
  • Retailer
  • 1
  • -
Tenant Description US Locations Reach
Family Mongolia BBQ Restaurant 1 -
Forever Found Services 1 -
Second Story A Thrifty Boutique Retailer 1 -

Property Facts

Total Space Available 4,120 SF
Property Type Retail
Gross Leasable Area 4,120 SF
Total Land Area 0.58 AC
Year Built 1985
Parking Ratio 9.71/1,000 SF

About the Property

Prime Restaurant Opportunity – Turnkey Second-Generation Restaurant Space Rare opportunity to lease a fully built-out restaurant space in a highly visible location on Tapo Street. Formerly occupied by a long-standing and well-known Mongolian restaurant, this space offers an excellent foundation for restaurateurs looking to launch a new concept without the significant time and expense of a full restaurant buildout. The premises feature an established restaurant layout with a commercial kitchen, dining area, service counter, and existing infrastructure that can accommodate a wide variety of food concepts, including casual dining, fast-casual, ethnic cuisine, café, specialty food, takeout, and delivery-focused operations. Located in a strong retail corridor with excellent street exposure, ample parking, and convenient access to surrounding residential neighborhoods, schools, and businesses, the site benefits from consistent daily traffic and a built-in customer base. The flexible floor plan allows operators to customize the space to fit their vision while leveraging the advantages of an existing restaurant setup. Highlights include: • Turnkey second-generation restaurant space • Existing restaurant improvements and infrastructure • Excellent visibility along Tapo Street • Ample on-site parking for customers and staff • Strong demographics and established trade area • Suitable for a variety of restaurant and food-service concepts • Opportunity to significantly reduce startup costs and opening timeline Whether you're an experienced operator expanding your brand or an entrepreneur launching a new dining concept, this is an exceptional opportunity to secure a restaurant-ready location in one of Simi Valley's established commercial corridors.

  • Corner Lot
  • Air Conditioning
Fairly walkable
50/100
Exceptionally drivable
90/100
Limited public transit
30/100
Fairly bikeable
50/100

Nearby Major Retailers

CrossFit
Starbucks
The Coffee Bean & Tea Leaf
Walmart Neighborhood Market
Vons
Wescom Credit Union
Bank of America
Chase Bank
U.S. Bank
Baja Fresh
  • Listing ID: 41043886

  • Date on Market: 6/24/2026

  • Last Updated:

  • Address: 2321 Tapo St, Simi Valley, CA 93063

Contact the Leasing Agent

Tapo Oaks Shopping Center | 2321 Tapo St

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