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453-467 W Channel Islands Blvd 11,412 SF 85% Leased Retail Building Port Hueneme, CA 93041 $2,980,000 ($261.13/SF) 6.25% Cap Rate
Investment Highlights
- Fully occupied multi-tenant retail center with immediate income stability.
- Distinct Spanish Colonial Revival design featuring tile roof and brick façade.
- Extra parking and large monument signage enhance user accessibility.
- Excellent frontage on busy Channel Islands Blvd for maximum visibility.
- Positioned near Oxnard growth corridor and Naval Base Ventura County.
- Close to Port of Hueneme and Channel Islands Harbor recreational hub.
Executive Summary
Prime Retail Center at 453-467 W Channel Islands Blvd offers investors a rare opportunity in Ventura County's thriving coastal corridor. This fully occupied multi-tenant strip center features Spanish Colonial Revival architecture and a highly visible location along a major traffic route connecting Los Angeles and Santa Barbara. The property is positioned adjacent to Oxnard, one of the region’s fastest-growing cities, and near the Naval Base Ventura County, which serves over 20,000 military and civilian personnel. The center includes additional parking capacity, a large monument sign, and excellent frontage exposure, providing strong tenant stability and upside potential through value-add strategies. Proximity to the Port of Hueneme, Channel Islands Harbor, and surrounding retail amenities adds to the long-term appeal. This asset combines strong demographics, coastal access, and growth trends, making it an attractive acquisition for retail investors seeking secure income streams and future appreciation.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Restaurant
Building Size
11,412 SF
Building Class
B
Year Built
1977
Price
$2,980,000
Price Per SF
$261.13
Cap Rate
6.25%
NOI
$186,250
Percent Leased
85%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.24
Lot Size
1.08 AC
Zoning
RPD - Residential Planned Development
Frontage
421’ on Channel Islands Blvd
Amenities
- Pylon Sign
- Signage
Space Availability
- Space
- Size
- Space Use
- Position
- Available
Available space offers a highly visible position with glass storefront and direct parking access. This retail unit is well-situated within a fully occupied center along a high-traffic commercial corridor. Its layout is adaptable for a range of tenant uses and leverages strong co-tenancy in a vibrant retail environment.
| Space | Size | Space Use | Position | Available |
| 467 | 1,750 SF | Restaurant | End Cap | Now |
467
| Size |
| 1,750 SF |
| Space Use |
| Restaurant |
| Position |
| End Cap |
| Available |
| Now |
467
| Size | 1,750 SF |
| Space Use | Restaurant |
| Position | End Cap |
| Available | Now |
Available space offers a highly visible position with glass storefront and direct parking access. This retail unit is well-situated within a fully occupied center along a high-traffic commercial corridor. Its layout is adaptable for a range of tenant uses and leverages strong co-tenancy in a vibrant retail environment.
Fairly walkable
50/100
Exceptionally drivable
100/100
Limited public transit
30/100
Moderately bikeable
60/100
Nearby Major Retailers
Property Taxes
| Parcel Numbers | Improvements Assessment | $1,441,176 | |
| Land Assessment | $520,216 | Total Assessment | $1,961,392 |
Property Taxes
Parcel Numbers
Land Assessment
$520,216
Improvements Assessment
$1,441,176
Total Assessment
$1,961,392
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453-467 W Channel Islands Blvd