Updated May 1, 2026
ZDI Inc. Acquires 89,811 Square Foot Industrial Facility In Oxnard From BLT Enterprises For $22.7M
3301 Sturgis Road
$22,700,000
$252/SF
Building Size
89,811 SF
Asset Type
Industrial
Closing
Apr 29, 2026
About this deal
AI
ZDI Inc. acquired a 89,811-square-foot industrial facility located at 3301 Sturgis Road in Oxnard for $22.7 million, equating to $253 per square foot. The property is currently leased to Volkswagen Group of America, positioned adjacent to its Test Center California, ensuring stable income in a supply-constrained submarket despite some modest vacancy increases and negative absorption in Ventura County.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $22,700,000
- Buyer: ZDI Inc.
- Seller: Daniel Rosenthal & Robert Solomon - BLT Enterprises
- Square Footage: 89,811 SF
- Price Per Square Foot: $253
- Address: 3301 Sturgis Road
- Market: Oxnard
Daniel Rosenthal and Robert Solomon represented BLT Enterprises in this transaction, facilitating the sale to ZDI Inc. This deal reflects the ongoing demand for industrial assets, particularly those with stable tenants in key locations.
On the Map
$22,700,000
$252/SF
Industrial
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Players
Oxnard Industrial Market Snapshot
Boundary boundary · Industrial · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.70%
Cash-on-Cash
-0.20%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93