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The Cochran Landmark Center 2585 Cochran St 29,066 SF 91% Leased Retail Building Simi Valley, CA 93065 $6,300,000 ($216.75/SF) 6.57% Cap Rate

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INVESTMENT HIGHLIGHTS

  • Situated on Cochran Street, a highly trafficked corridor with over 27,229 daily vehicle counts, ensuring significant visibility and access
  • The property is 91.28% leased, featuring a wide range of tenants including retail stores, restaurants, service providers, and educational businesses
  • Long-Term Value-Add Opportunity
  • Long-Term Occupancy and Diverse Tenant Base
  • The property includes 176 on-site parking spaces, providing a generous ratio of 6.06 spaces per 1,000 square feet—above industry standard for retail
  • Strong Local Demographics

EXECUTIVE SUMMARY

Matthew Luchs of the Zacuto Group exclusively presents 2585 Cochran Street in Simi Valley, CA, a premier investment opportunity strategically positioned in one of the city’s busiest and most desirable commercial corridors. Spanning 29,066 square feet of mixed-use retail and office space, situated on 120,226 square feet of land, 2585 Cochran Street property is uniquely equipped to support a variety of retail and business uses. With 176 on-site parking spaces—equivalent to a 6.06 per 1,000 square foot ratio—the property provides ample parking for patrons and employees alike, a rare feature in the region that enhances convenience and accessibility.
The property is ideally located just off the 118-Freeway, with visibility to over 132,000 vehicles per day. This high traffic count offers substantial exposure, making it an ideal choice for tenants seeking to capitalize on drive-by visibility and easy accessibility for both local and regional visitors. The surrounding neighborhood is home to a robust lineup of nationally recognized tenants, including Target, Trader Joe’s, Lassen’s, and Chick-Fil-A, all of which draw a steady flow of foot traffic to the area, creating a bustling commercial environment that supports a strong retail ecosystem.
2585 Cochran Street is positioned at the heart of Simi Valley’s growth corridor, reflecting the city’s ongoing residential and commercial expansion. The “Sycamore Grove” project by Lennar Homes, a 164-residence development completed in 2022 at the corner of Cochran and Galena Avenue, further amplifies the local consumer base and increases demand for nearby retail and service-oriented businesses. This development is indicative of the area’s ongoing transformation into a well-balanced mix of residential and commercial spaces, bolstering the appeal of properties like 2585 Cochran Street for future tenants and investors alike.
2585 Cochran Street provides an outstanding opportunity for investors looking to secure stable, long-term returns within a thriving Southern California market. With stable occupancy rates and potential for rent growth, the property offers a solid foundation for enhancing future value. Its exceptional location, accessibility, and proximity to a burgeoning consumer base position it as a key investment in the evolving landscape of Simi Valley’s commercial real estate market.

PROPERTY FACTS

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Freestanding
Building Size
29,066 SF
Building Class
B
Year Built
1986
Price
$6,300,000
Price Per SF
$216.75
Cap Rate
6.57%
NOI
$413,624
Percent Leased
91%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.70
Lot Size
0.96 AC
Zoning
CPD
Parking
190 Spaces (6.54 Spaces per 1,000 SF Leased)
Frontage
182’ on Cochran St

AMENITIES

  • Pylon Sign
  • Signage
  • Signalized Intersection
  • Wheelchair Accessible
  • Monument Signage

SPACE AVAILABILITY

  • SPACE
  • SIZE
  • SPACE USE
  • POSITION
  • AVAILABLE
  • G
  • 2,535 SF
  • Office/Retail
  • In-Line
  • Now

Ground level retail space Strong mix of restaurant, retail, school, salon and beauty tenants Abundant parking Signage available

Space Size Space Use Position Available
G 2,535 SF Office/Retail In-Line Now

G

Size
2,535 SF
Space Use
Office/Retail
Position
In-Line
Available
Now

G

Size 2,535 SF
Space Use Office/Retail
Position In-Line
Available Now

Ground level retail space Strong mix of restaurant, retail, school, salon and beauty tenants Abundant parking Signage available

Walk Score®
Very Walkable (79)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

NEARBY MAJOR RETAILERS

Chase Bank
Mod Pizza
Trader Joe's
Citi
Bank of America
Grocery Outlet
Sprouts Farmers Market
Anytime Fitness
Orangetheory Fitness
Yoga Six

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
613-0-240-145
Land Assessment
$510,948
Improvements Assessment
$841,491
Total Assessment
$1,352,439
  • Listing ID: 34479167

  • Date on Market: 1/14/2025

  • Last Updated:

  • Address: 2585 Cochran St, Simi Valley, CA 93065

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