OFFERING PRICE:
$32,599,000

CAP RATE (YEAR 1):
7.00%

CAP RATE (YEAR 3):
8.33%
FEATURED LISTING:
MARKETPLACE AT OXNARD
1801-1931 VENTURA BLVD, OXNARD, CA
INVESTMENT HIGHLIGHTS
 
High-Quality Center – Marketplace at Oxnard is a +201,638 SF community center, shadow anchored by a Costco and anchored by a first-tier line up on name brand tenants: Marshalls, 99 Cents Only, Restoration Hardware, Olive Garden, Teppan Steak House, David’s Bridal and others
 
High Credit Tenancy – Approximately 73% of the occupied GLA is leased to national or regional credit tenants, a majority of which enjoy established operating histories at the property
 
High Yields – At the list price, the Marketplace at Oxnard offers an investor excellent leveraged cash on cash returns exceeding 8.75% in the first year, a CAGR approaching 5%, and an estimated leveraged IRR exceeding 15%
 
Freeway Fronting Location – Marketplace at Oxnard enjoys excellent access and line of sight (±1,200 feet) along the 101 Freeway at Ventura Blvd (±148,000 cars per day)

 

 
FOR MORE
INFORMATION
PLEASE CONTACT:
 
NRP-WEST
PRESTON FETROW
+1 949 725 8538
Lic. 00923282
[email protected]
MEGAN WOOD
+1 949 725 8423
Lic. 01516027
[email protected]
PHILIP D. VOORHEES
+1 949 725 8521
Lic. 01252096
[email protected]



THIS IS A MARKETING COMMUNICATION

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