325 E High St
Moorpark, CA 93021
Retail Property For Sale

Two adjacent downtown lots covering over 14,000 SF in the heart of Oldtown Moorpark. Excellent location across the train/MetroLink station, with $72,600 of current net operating income from three restaurant/food-based tenants. Triple-net (NNN) lease tenants are responsible for paying property taxes, insurance, and common area maintenances. The property offers stable cash flow from these growing food-based tenants, each tenant occupying a free-standing building of their own, in which they have invested tens of thousands of dollars for their business operations. Each unit includes commercial burners and hoods, refrigeration, etc. There is great demand for restaurant and food-based retail use in this trade area within the Moorpark market. Over the last decade, there has been an influx of new residential development in Moorpark, specifically to the north of the site along Spring Rd. Additionally, Moorpark College brings in over approx. 14,000 students of various fields from different parts of Southern California. The unique downtown location and size of two lots also offer great future development potential, in addition to the stable existing cash flow.