Private Investor Acquires Property In Camarillo For $4.8M With Buyer's Rep Dave Maron
415 W Ventura BLVD, Camarillo, CA, 9...
$4,800,000
$600/SF
Building Size
8,000 SF
Asset Type
Retail
Closing
Nov 19, 2023
AI
The property asset involved in the transaction is a strip retail center located at 415 W. Ventura Blvd, Camarillo, CA. The sale was completed for $4,800,000.00, translating to $600 per square foot. The property spans 8,000 square feet and was built in 2020. It is fully occupied by tenants including T-Mobile, Subway, Lindora, and Eye Glass Factory. The asset is positioned as an out-pad parcel to The Home Depot and is directly accessible from the 101 Freeway.
Summary of transaction details:
- Property Type: Retail Center
- Transaction Amount: $4,800,000.00
- Square Footage: 8,000 SF
- Address: 415 W Ventura Blvd, Camarillo, CA
- Market: Camarillo
- Buyer's Representative: Dave Maron - NAI Capital
- Buyer: Private Investor
- Seller: YS Properties
Dave Maron of NAI Capital’s Investment Services Group represented the buyer in the transaction, facilitating the sale from YS Properties to the private investor. This deal highlights the engagement of dedicated representatives in commercial property transactions.
Players
Camarillo Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
3.30%
Cash-on-Cash
-0.94%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93