501 W Channel Islands Blvd - Loft/Creative Space FOR SALE


Port Hueneme, CA 93041
$2,800,000 USD
818-206-7480
501 W Channel Islands Blvd, Port Hueneme, CA for Sale
$2,800,000 USD
Loft/Creative Space - FOR SALE
1/24
null | 10.14% Cap Rate

501 W Channel Islands Blvd
Port Hueneme, CA 93041


HIGHLIGHTS

  • Long term tenants with strong upside.
  • Adjacent to the Port Hueneme Naval Base
  • A short distance to the Channel Islands Harbor
  • Frontage on Channel Islands Blvd
  • Only three-story building in Southwest Ventura County
  • Cannabis friendly zoning

OVERVIEW

501 Channel Islands Blvd is a three-story 18,800 square foot commercial building adjacent to the Port Hueneme Naval Base, an economic locomotive in the region, as well as the Channel Islands Harbor which harbors some of the most exclusive residential properties in all of Ventura County. Being the only three-story property in the area, this project has a unique advantage and is well remembered by residents and retailers alike. The property is currently 59.6% leased to a diverse group of retail, cannabis, medical, and traditional office tenants. 501 Channel Islands Blvd offers a unique opportunity to acquire an one of a kind building in a quickly developing market. MARKETING PROCESS The owner will consider offers as presented, but reserves the right to set a deadline for a definitive date.

FOR SALE DETAILS

PRICE

$2,800,000 USD

PRICE/SF

$160 USD /SF

CAP RATE

10.14%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Without Cell Towers

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Loft/Creative Space

ADD'L SUBTYPES

Medical, Office Live/Work Unit, Industrial Live/Work Unit

TOTAL BUILDING SIZE

-

STORIES

3

BUILDING CLASS

C

YEAR BUILT

1968

SPRINKLERS

-

PARKING SPACES

75

LAND DETAILS

LAND ACRES

0.85 AC

LAND SF

37,026 SF

ZONING

C2PD

APN/PARCEL ID

190-0-010-085

ASK ABOUT THIS PROPERTY

Bentley McKean, CCIMLee & AssociatesMore Info
818-206-7480

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Bentley McKean, CCIMLee & AssociatesMore Info
818-206-7480

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