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Steve O. Cherson Purchases Industrial Property From Nate Zumos For $2.5M In Oxnard

Property Image
SOLD
$2,500,000
Daniel Hirth
Alex Reyhan

California

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Industrial4,814 SF
Sold 11/14/2025
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Property Image
SOLD

Steve O. Cherson Purchases Industrial Property From Nate Zumos For $2.5M In Oxnard

1101 Saviers Road

See Similar Deals
Industrial4,814 SF
Sold 11/14/2025
Daniel Hirth
Alex Reyhan
the dealplayerscompscontact
Contact now

Summary

CALIFORNIA
Asset Type:Industrial
Price Per Square Foot:$519
Total Square Footage:4,814 SF
Transaction Type:Sale

1101 Saviers Road is an industrial property located in Oxnard, CA. The facility consists of 4,814 square feet utilized as an auto repair center, situated on a 24,829 square foot lot. The property sold for $2,500,000, which is approximately $519.32 per square foot for the building and $100.69 per square foot for the land.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: $2,500,000
  • Buyer: Steve O. Cherson
  • Seller: Nate Zumos
  • Brokers: Daniel Hirth & Alex Reyhan - The Hirth Group
  • Sales Date: 11/14/2025
  • Due Diligence Period: 45 days
  • Escrow Period: 75 days

Daniel Hirth and Alex Reyhan of The Hirth Group successfully represented both the buyer and seller throughout the transaction. They employed an off-market strategy, which involved engaging the existing tenant and addressing the complexities of the tenant's long-term lease arrangement. The brokers supported the buyer in navigating the SBA financing process, ensuring a streamlined experience from start to finish.

Players

Alex Reyhan
The Hirth Group
Alex Reyhan
47 deals$187M volume
BROKER
Daniel Hirth
The Hirth Group
Daniel Hirth
71 deals$222.8M volume
BROKER
The Hirth Group
The Hirth Group
BROKERAGE

Details

SOLD
IMAGE: Daniel Hirth & Alex Reyhan DATE: 11/14/2025 ADDRESS: 1101 Saviers Road MARKET: Oxnard ASSET TYPE: Industrial BUYER: Steve O. Cherson SELLER: Nate Zumos BROKERS: Daniel Hirth (@DHirth5) & Alex Reyhan (@Reyhan___Alex) - The Hirth Group (@HirthGroup) SALE PRICE: $2,500,000 SF: 4,814 ~ PPSF: $519 NOTE FROM BROKER: Daniel Hirth and Alex Reyhan of The Hirth Group are proud to announce the successful closing of 1101 Saviers Road in Oxnard, CA — marking another strategic win for our clients and our team. Positioned on the hard corner of W. Wooley Road & S. Oxnard Blvd, 1101 Saviers Road consists of a 4,814 SF auto repair facility on a 24,829 SF lot in a high-traffic, high-visibility location. The property sold for $2,500,000, equating to $519.32 per square foot on the building and $100.69 per square foot on the land. Leveraging our deep market knowledge and long-standing relationships, The Hirth Group executed an off-market strategy, approaching the existing tenant and creating urgency around securing long-term control of the asset. Despite the challenge of the tenant’s nearly 20-year modified gross lease with multiple options — which the tenant viewed as “practically owning the property” — our team navigated the negotiation with precision and positioned the buyer for long-term success. We also guided the buyer through the SBA financing process, ensuring a seamless transaction from initial discussions through closing. The seller, a repeat client, successfully capitalized on this disposition to complete a cash-out exit. This transaction closed with 45 days of due diligence and a 75-day escrow, with The Hirth Group representing both Buyer and Seller from start to finish.

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