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Volkswagen Engineering Campus 2 Industrial Properties Offered at $52,300,000 in Oxnard, CA
INVESTMENT HIGHLIGHTS
- The property is currently 100% NNN leased by Volkswagen (S&P: BBB+) through February 2033.
- HEAVY POWER: 201 Del Norte has 8,000 amps of power and 3301 Sturgis has 4,000 amps of power.
- Oxnard currently maintains a low industrial vacancy rate of just 1.5% across its 25 million square feet of inventory.
- The Volkswagen Campus serves as a pivotal facility for emissions testing and vehicle design for VW.
- Large Discount to Replacement Cost.
EXECUTIVE SUMMARY
PROPERTY WEBSITE: https://www.collierswesternregion.com/industrial/for-sale/volkswagen-engineering-campus-oxnard-california/65288035/
Colliers is pleased to present the opportunity to acquire the fee-simple interest in the Volkswagen Engineering Campus, a premier two-building, 155,240-square-foot industrial/advanced manufacturing campus in Oxnard, California. Fully NNN leased to Volkswagen (S&P: BBB+), the property serves as a mission-critical facility for the company’s North American operations, specializing in emissions testing and vehicle design.
201 Del Norte Boulevard comprises 65,429 square feet and operates as Volkswagen’s only emissions testing facility in the United States. Purpose-built for the company in 2012, the building features many specialized improvements with significant tenant investment. Oxnard’s moderate climate and ideal elevation make it a strategic choice for testing.
3301 Sturgis Road spans 89,811 square feet and serves as the Design Center California. Design Center California is a dedicated Volkswagen brand studio that develops Volkswagen concepts exclusively for the North American market and ensures effective collaboration within the region and with Volkswagen AG in Wolfsburg, Germany. The building also supports marketing functions, vehicle storage, and on-site testing of new and legacy models, playing a key role in product development. Recently, the company extended its lease in the building through February 2033, emphasizing its commitment to the project.
This is an integral campus for Volkswagen’s operations in North America that encompasses Volkswagen Test Center along with VW quality and Audi engineering and home of the Design Center, and advancing sustainable automotive technologies. Volkswagen has nearly eight years of remaining term, and two 10-year renewal options, providing a secure income stream from an investment grade credit tenant.
Colliers is pleased to present the opportunity to acquire the fee-simple interest in the Volkswagen Engineering Campus, a premier two-building, 155,240-square-foot industrial/advanced manufacturing campus in Oxnard, California. Fully NNN leased to Volkswagen (S&P: BBB+), the property serves as a mission-critical facility for the company’s North American operations, specializing in emissions testing and vehicle design.
201 Del Norte Boulevard comprises 65,429 square feet and operates as Volkswagen’s only emissions testing facility in the United States. Purpose-built for the company in 2012, the building features many specialized improvements with significant tenant investment. Oxnard’s moderate climate and ideal elevation make it a strategic choice for testing.
3301 Sturgis Road spans 89,811 square feet and serves as the Design Center California. Design Center California is a dedicated Volkswagen brand studio that develops Volkswagen concepts exclusively for the North American market and ensures effective collaboration within the region and with Volkswagen AG in Wolfsburg, Germany. The building also supports marketing functions, vehicle storage, and on-site testing of new and legacy models, playing a key role in product development. Recently, the company extended its lease in the building through February 2033, emphasizing its commitment to the project.
This is an integral campus for Volkswagen’s operations in North America that encompasses Volkswagen Test Center along with VW quality and Audi engineering and home of the Design Center, and advancing sustainable automotive technologies. Volkswagen has nearly eight years of remaining term, and two 10-year renewal options, providing a secure income stream from an investment grade credit tenant.
PROPERTY FACTS
| Price | $52,300,000 | Number of Properties | 2 |
| Price / SF | $336.90 / SF | Individually For Sale | 0 |
| Cap Rate | 6% | Total Building Size | 155,240 SF |
| Sale Type | Investment | Total Land Area | 9.31 AC |
| Status | Active |
| Price | $52,300,000 |
| Price / SF | $336.90 / SF |
| Cap Rate | 6% |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 0 |
| Total Building Size | 155,240 SF |
| Total Land Area | 9.31 AC |
PROPERTIES
| PROPERTY NAME / ADDRESS | PROPERTY TYPE | SIZE | YEAR BUILT | INDIVIDUAL PRICE |
|---|---|---|---|---|
| 3301 Sturgis Rd, Oxnard, CA 93030 | Industrial | 89,811 SF | 2003 | - |
| 201 Del Norte Blvd, Oxnard, CA 93030 | Industrial | 65,429 SF | 2012 | - |
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CONTACTS
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Sean Fulp -
Michael Kendall -
Gian Bruno -
Kenny Patricia -
Blake Hammerstein -
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