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425 Cochran St
Simi Valley, CA 93065
NNN ALDI in Simi Valley · Retail Property For Sale
Investment Highlights
- Fully leased to ALDI on a NNN lease at Below Market Rent
- Located in Simi at the Plaza, a dominant regional power center
- Well maintained property with a new roof installed by tenant in 2015
- Densely populated trade area with low retail vacancy (under 8%)
- Immediately adjacent to CA Highway 118 (over 110,000 cars per day)
- Prominent signage
Property Facts
Property Type
Retail
Property Subtype
Supermarket
Building Size
25,931 SF
Building Class
B
Year Built/Renovated
1998/2015
Tenancy
Single
Building Height
1 Story
Building FAR
0.25
Lot Size
2.40 AC
Parking
115 Spaces (0 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Dedicated Turn Lane
- Signage
- Signalized Intersection
- Tenant Controlled HVAC
- Monument Signage
Property Taxes
| Parcel Number | 615-0-180-355 | Improvements Assessment | $3,800,000 |
| Land Assessment | $4,200,000 | Total Assessment | $8,000,000 |
Property Taxes
Parcel Number
615-0-180-355
Land Assessment
$4,200,000
Improvements Assessment
$3,800,000
Total Assessment
$8,000,000
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