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7.17% CAP Value-Add Multi-Tenant Retail/Off 2585 Cochran St 29,066 SF 91% Leased Retail Building Simi Valley, CA 93065 $5,995,000 ($206.25/SF) 7.17% Cap Rate
Investment Highlights
- Value-Add Opportunity with a diverse tenant mix and favorable lease structure provide opportunities for rent growth and increased income
- Situated along a high-traffic corridor with over 27,229 daily vehicle counts, ensuring excellent exposure and accessibility
- Close proximity to key retailers like Target, Trader Joe’s, and Chick-Fil-A, generating steady foot traffic
- 91.28% leased, featuring a mix of retail, restaurants, service providers, and educational tenants for consistent cash flow
- 176 on-site parking spaces at a ratio of 6.06 spaces per 1,000 square feet, well above industry standards
- Strategic positioning along Cochran Street with direct access to the 118 Freeway, ensures high visibility and ease of access for regional consumers
Executive Summary
Located just off the 118 Freeway and visible to over 132,000 vehicles per day, 2585 Cochran Avenue benefits from substantial drive-by exposure, offering an ideal location for tenants seeking high visibility and easy access for local and regional visitors. The surrounding area hosts a strong lineup of nationally recognized retailers, including Target, Trader Joe’s, Lassen’s, and Chick-Fil-A, which generate consistent foot traffic and create a thriving commercial environment.
The property sits at the heart of Simi Valley’s growth corridor, reflecting the city’s ongoing residential and commercial expansion. Nearby developments, such as Sycamore Grove, a 164-residence project completed by Lennar Homes in 2022 at Cochran and Galena Avenue, expand the local consumer base and strengthen demand for retail and service-oriented businesses. This demonstrates the area’s transformation into a balanced mix of residential and commercial uses, further enhancing the appeal of 2585 Cochran Avenue for investors and future tenants alike.
2585 Cochran Avenue represents an outstanding opportunity for investors seeking stable, long-term returns in a growing Southern California market. With strong occupancy, built-in rent escalations, and potential for income growth, the property offers a solid foundation for enhancing future value. Its prime location, excellent accessibility, and proximity to a growing consumer base make it a key asset in Simi Valley’s evolving commercial real estate landscape.
Property Facts
Amenities
- Freeway Visibility
- Pylon Sign
- Restaurant
- Signage
- Signalized Intersection
- Wheelchair Accessible
- Monument Signage
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
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- Accommodation and Food Services
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2009 brought on the 3rd generation of Walsh's to continue the Cupid's tradition. Sisters, Kelly and Morgan Walsh, have now taken the reigns. They plan on staying true to their grandparent's original vision of a simple menu with great food. They’ve grown up behind the scenes of Cupid’s eating hot dogs since their first tooth. Too short to reach the steamers, as kids they helped their dad with deliveries and always made sure to sample the product. During the 1994 Northridge earthquake their dad came to the Van Nuys location, cleaned out the fridge and fed the neighborhood. That sealed their fate as the most popular kids on the block.
- Dani Mcafee
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- Accommodation and Food Services
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- Ofl
- Educational Services
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Opportunities For Learning (OFL), a network of free public charter high schools in Southern California, offers students a flexible, personalized approach to education. We empower students to identify and pursue their dreams in high school and beyond. At OFL, students are offered diverse class formats to ensure every learner is given the best opportunity to succeed. In addition to independent study courses, students have the option and are encouraged to participate in small group and online instruction.We believe the student-teacher relationship is critical to a young person’s social, emotional, and academic success. We take endless pride in the quality of our staff and the deep connection that each of them shares with every OFL student.
- Sports & Movie Stuff
- Retailer
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| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
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Accommodation and Food Services | - | - | - | ||
| Dani Mcafee | - | - | - | - | ||
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Accommodation and Food Services | - | - | - | ||
| Ofl | Educational Services | - | - | - | ||
| Opportunitues For Learning Ems | Educational Services | - | - | - | ||
| Sports & Movie Stuff | Retailer | - | - | - |
Space Availability
- Space
- Size
- Space Use
- Position
- Available
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
Nearby Major Retailers
Property Taxes
| Parcel Number | 613-0-240-145 | Improvements Assessment | $841,491 |
| Land Assessment | $510,948 | Total Assessment | $1,352,439 |
Property Taxes
Presented by
7.17% CAP Value-Add Multi-Tenant Retail/Off | 2585 Cochran St
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