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1st Floor - Unit 107
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Office
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3,000 SF
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$600,000 USD
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Unit Size: 3,000 SF
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Condo Use: Office
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Price: $600,000 USD
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Sale Type: Investment
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Price/SF: $200.00 USD
Description
This offering presents an investment opportunity to acquire professional office condominiums located along N Ventura Road in Oxnard, California. The property consists of two fully leased commercial office condos within a single-story medical office building. Positioned on a 0.87-acre parcel, the building spans approximately 7,521 square feet and is zoned for commercial use under COPD zoning.
Sale Notes
This offering presents an investment opportunity to acquire professional office condominiums located along N Ventura Road in Oxnard, California. The property consists of two fully leased commercial office condos within a single-story medical office building. Positioned on a 0.87-acre parcel, the building spans approximately 7,521 square feet and is zoned for commercial use under COPD zoning.
The asset is currently generating stable income with a reported cap rate of 7.26% and an NOI of $43,577, making it an attractive option for investors seeking consistent returns. The property benefits from its location in a well-established business corridor with convenient access to major thoroughfares, including U.S. Route 101, which connects Oxnard to the greater Ventura County region and Los Angeles markets.
Oxnard is a growing coastal city with a diverse economic base, including healthcare, agriculture, and manufacturing sectors. The property’s proximity to residential neighborhoods, retail centers, and community services enhances its long-term leasing appeal. With its fully leased status and professional tenant mix, this property offers immediate income stability and potential for future appreciation.
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