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415 W Ventura BLVD, Camaril...

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

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

Dave Maron

NAI Global

Broker

$30.8M

vol

4 deals

Broker

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