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Private Investor Acquires Property In Camarillo For $4.8M With Buyer's Rep Dave Maron

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SOLD
$4,800,000

California

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Retail8,000 SF
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SOLD

Private Investor Acquires Property In Camarillo For $4.8M With Buyer's Rep Dave Maron

415 W Ventura BLVD, Camarillo, CA, 9...

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Retail8,000 SF
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Summary

CALIFORNIA
Asset Type:Retail
Price Per Square Foot:$600
Total Square Footage:8,000 SF
Transaction Type:Sale

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

Dave Maron
4 deals$30.8M volume(626) 564-4800
BROKER

Details

SOLD
IMAGE: 415 W Ventura BLVD, Camarillo, CA, 9... MARKET: Camarillo BUYER'S REP: Dave Maron-NAI Capital BUYER: Private Investor SELLER: PRICE: $4,800,000.00 SF: 8000

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$256,000.01

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$17,053.38
Cash-on-Cash Return-1.27%
Monthly Debt Service$22,754.45
Annual Debt Service$273,053.39