Trophy asset! Pride of ownership. Only the 2nd owner since it was built in 2003. 75% of Tenants since 2003. Amazing, Robust shopping center.
Recent upgrades: 30 K in Parking area. 20 K new Backflow devices. 22 K in plumbing. Meticulously Managed!! Beautiful center.
Almost impossible entry in the area !! Irreplaceable Location
Highly Affluent Demographics & Large Trade Area
The who's of who of Tenants!!
Strong National Tenants !! Chipotle, Little Caesar's, Wingstop, Jersey Mike's, Peet's Coffee, Mechanics Bank, DOES not get any better !!
1-A ~ 6.43% Little Caesars 1200 2-A Mechanics Bank 2069
1-B ~ 6.89% Blenders in the Grass 1262 2-B ~22.58% Mechanics Bank 2069
1-C ~ 6.59% Wingstop 1208 2-C ~ 5.80% Paradise Nails 980
1-D ~ 8.32% Jersey Mike's 1524 2-D ~ 6.42% Aladdin Bail Bonds 1176
1-E. ~ 13.42% Jasmine Thai Restaurant 2460 2-E ~ 9.82% Peet's Coffee 1800
1-F ~ 13.50% Chipotle 2475 ( Patio Space, not charged for )
1145 - 1171 S. Victoria Ave, Ventura, CA 93003-6794
• Rare Opportunity To Purchase A Fee Simple, Multi-Tenant, Triple Net Leased Investment In Coastal Ventura’s Premier Commercial Corridor
• Desirable Tenant Mix Shopping Center Is Tenanted With Over 70% National And Multi-Unit Regional Companies
• Supply Constrained Trade Area High Barriers To Tenant Entry
• Located In Ventura’s Busiest Intersection With Over 100,000 ADT 100% Occupied Investment With Strong Tenant Demand
ABOUT THE PROPERTY
• Paradise Victoria is within the retail hub of Ventura, CA, surrounded by financial institutions, offices, retail centers, and the Ventura County Government Center with over 3,500 daytime employees
• Located on the west side of Victoria Avenue, south of Telephone Road, with a conveniently signalized left turn lane direct into the shopping center
• Direct access from Ventura 101 Freeway and CA Highway 126 to Victoria Avenue, feeding the majority of the population in the city
Dedicated Turn Lane
Pylon Sign