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Turnkey Owner-User/Investment Opportunity 5808 Telephone Rd 12,446 SF 100% Leased Office Building Ventura, CA 93003 $2,850,000 ($228.99/SF)
INVESTMENT HIGHLIGHTS
- Rare Owner-User/Investor opportunity to own a retail/office building in a Vons anchored shopping center.
- Located in the intersection of Victoria Ave. & Telephone Rd. — one of Ventura’s busiest intersections with 65,000 ADT.
- Easy access to and from both the 101 and 126 freeways.
- Supply constrained trade area — high barriers to entry.
- Close proximity to County of Ventura Government Center, and retail amenities along Victoria Ave. & Telephone Road.
EXECUTIVE SUMMARY
MAJOR PRICE REDUCTION
• Rare Owner-User/Investor opportunity to own a retail/office building in a Vons anchored shopping Center at the intersection of Victoria Ave. & Telephone Road • Supply Constrained Trade Area — high barriers to entry • Located in the intersection of Victoria Ave. & Telephone Rd — one of Ventura’s busiest intersections with 65,000 ADT • Close proximity to County of Ventura Government Center, and retail amenities along Victoria Ave. & Telephone Road • Easy Access to and from both the 101 and 126 freeways • Building is in “move in” condition for a broad array of uses • Elevator served • Professionally maintained • Building & monument signage with excellent exposure on Telephone Rd. • Parking spaces: 30
Contact Listing Agents for further information.
• Rare Owner-User/Investor opportunity to own a retail/office building in a Vons anchored shopping Center at the intersection of Victoria Ave. & Telephone Road • Supply Constrained Trade Area — high barriers to entry • Located in the intersection of Victoria Ave. & Telephone Rd — one of Ventura’s busiest intersections with 65,000 ADT • Close proximity to County of Ventura Government Center, and retail amenities along Victoria Ave. & Telephone Road • Easy Access to and from both the 101 and 126 freeways • Building is in “move in” condition for a broad array of uses • Elevator served • Professionally maintained • Building & monument signage with excellent exposure on Telephone Rd. • Parking spaces: 30
Contact Listing Agents for further information.
PROPERTY FACTS
Sale Type
Investment
Property Type
Office
Property Subtype
Building Size
12,446 SF
Building Class
B
Year Built
1971
Price
$2,850,000
Price Per SF
$228.99
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
6,223 SF
Building FAR
0.48
Lot Size
0.60 AC
Zoning
T4.9 - allows for a variety of Retail & Medical uses
Parking
30 Spaces (2.41 Spaces per 1,000 SF Leased)
AMENITIES
- Bus Line
- Signage
- Balcony
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Walk Score®
Very Walkable (79)
Bike Score®
Very Bikeable (77)
PROPERTY TAXES
| Parcel Number | 137-0-016-025 | Improvements Assessment | $1,752,970 |
| Land Assessment | $904,102 | Total Assessment | $2,657,072 |
PROPERTY TAXES
Parcel Number
137-0-016-025
Land Assessment
$904,102
Improvements Assessment
$1,752,970
Total Assessment
$2,657,072
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Turnkey Owner-User/Investment Opportunity | 5808 Telephone Rd
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