4833-4917 S Rose Ave - Supermarket FOR SALE


Oxnard, CA 93033- Villa Capri
$17,995,000 USD
310-367-7611
4833-4917 S Rose Ave, Oxnard, CA for Sale
$17,995,000 USD
Supermarket - FOR SALE
1/17
null | 5.64% Cap Rate

4833-4917 S Rose Ave
Oxnard, CA 93033
Villa Capri


HIGHLIGHTS

  • Strong anchor tenants driving traffic to center; Island Pacific Supermarket • 100% Leased • Signalized corner location with 40,000 v

OVERVIEW

Recession resilient neighborhood shopping center centrally located in rapidly growing Oxnard, CA. The 53,321 SF center is 100% leased and anchored by Island Pacific, a regional Filipino market serving the local Asian (predominantly Filipino) population. Other tenants include Dollar Tree, Metro PCS, College Donuts, Vine Spirit Liquors, Sea Breeze Seafood Market, hair salon, video store, laundromat and more. Located at signalized corner of Rose Ave and East Pleasant Valley Rd, two major Oxnard streets with over 40,000 vehicles per day. The property is located less than a mile from the Oxnard City College and in close proximity to Port Hueneme, the only commercial deep water port between San Francisco and Los Angeles, and the Port Hueneme Naval Base. Oxnard is also home to a major transportation hub for Amtrak, Greyhound, Union Pacific and Metrolink. The center is anchored by Island Pacific Seafood Market, a regional retailer specializing in high quality Filipino and Asian foods. The center caters primarily to the Filipino population in Oxnard and strives to put Filipino cooking on the map by offering high quality ingredients to the local residents. Since opening the first store in 2000, Pacific Island now has expanded to 15 stores in California and Nevada. Other tenants include Island Pacific Seafood, College Donuts, El Chapo Meat Market, Sea Breeze Seafood Market, Cali Cutz Barber Shop, Watermill, Royal Laundry Laundromat, Vine Spirits Liquors, Tobacco Store, and Casa Blanca Flowers. The center is located on a 229,400 SF lot with 293 parking spaces (parking ratio 5.47/1000 SF). Upside potential by renovating the center and attracting new tenants at potentially higher rates.

FOR SALE DETAILS

PRICE

$17,995,000 USD

PRICE/SF

$434 USD /SF

CAP RATE

5.64%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

College Park Shopping Center

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Supermarket

ADD'L SUBTYPES

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1973

SPRINKLERS

-

PARKING SPACES

221

LAND DETAILS

LAND ACRES

5.27 AC

LAND SF

229,561 SF

ZONING

C2PD

APN/PARCEL ID

224-0-020-285

ASK ABOUT THIS PROPERTY

Gil CorberMarcus & MillichapMore Info
310-367-7611

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Gil CorberMarcus & MillichapMore Info
310-367-7611

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.