Retail Strip Center Sold In Oxnard For $2.9M With CBM1's Rick Rivera

The retail strip center located at 3450-3460 Saviers Road in Oxnard has been sold for $2,900,000.00. Situated on a half-acre lot, the property consists of a 7,300-square-foot retail building with four tenant units. At the time of sale, all the tenant spaces were fully occupied, with businesses such as Little Caesars, a market, laundromat, and nail salon operating within the property.

Summary of transation details:

• Property Type: Retail
• Transaction Amount: $2,900,000.00
• Address: 3450 Saviers Rd, Oxnard, CA, 93033
• Market: Oxnard

Rick Rivera of CBM1 represented the seller in the deal. The buyer's identity remains undisclosed as per the transaction details. The property, with its diverse mix of tenant businesses, presented a lucrative investment opportunity attracting buyer interest. The successful transaction was facilitated by CBM1, showcasing their expertise in commercial real estate transactions.