864 New Los Angeles Ave - Storefront FOR SALE


Moorpark, CA 93021
$13,000,000 USD
818-292-3175
864 New Los Angeles Ave, Moorpark, CA for Sale
$13,000,000 USD
Storefront - FOR SALE
1/7
null | 4.3% Cap Rate

864 New Los Angeles Ave
Moorpark, CA 93021


HIGHLIGHTS

  • Smart & Final Extra is on a long-term lease in Moorpark Marketplace
  • Co-anchored by national retailer Target, Smart & Final Extra, TJ Maxx, Michaels, and Famous Footwear
  • Reciprocal parking with 894 shared surface parking spaces; A parking ratio of 4.31 spaces per 1,000 SF

OVERVIEW

The Brandon Michaels Group of Marcus & Millichap, as Exclusive Advisor, is pleased to present 864 New Los Angeles Avenue, a single tenant anchor position leased to Smart & Final Extra in Moorpark Marketplace, a trophy, newly remodeled grocery and Target anchored center. The 30,792 square foot property is situated on 3.22 acres (140,263 SF) with unmatched frontage and excellent freeway visibility, ideally located just off the California State Route 118 Ronald Reagan Freeway, in the affluent Ventura County submarket of Moorpark, CA.

FOR SALE DETAILS

PRICE

$13,000,000 USD

PRICE/SF

$422 USD /SF

CAP RATE

4.3%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Moorpark Marketplace - Smart & Final

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2003

SPRINKLERS

-

PARKING SPACES

128

LAND DETAILS

LAND ACRES

3.22 AC

LAND SF

140,263 SF

ZONING

SP 92-1

APN/PARCEL ID

512-0-410-055

ASK ABOUT THIS PROPERTY

Brandon MichaelsThe Brandon Michaels GroupMore Info
818-292-3175

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Brandon MichaelsThe Brandon Michaels GroupMore Info
818-292-3175

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