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5001 Verdugo Way
Camarillo, CA 93012

$11,200,000 USD

Movie Theatre For Sale  •  40,598 SF

Property Details

  • Property Type Movie Theatre
  • Total Building Size 40,598 SF
  • Lot Size 3.28 AC
  • Building Class A
  • Year Built 2005
  • Cap Rate 7.00 %
  • Tenancy Single
  • Zoning CPD, Camarillo
0 Transit Score
60 Walk Score

Highlights

Situated At 5001 Verdugo Way in Camarillo, Ca, This Roxy Stadium 11 Theater Enjoys A Strategic Location in Ventura County, a Highly Desirable Market.
The 40,598 Square-Foot Building Underwent A $1.8 Million Renovation In 2015, Transforming it Into A Luxury Theater Format.
The Lease Includes 5.5 Years of Term Remaining With Three 5-Year Renewal Options, Demonstrating the Tenant’s Commitment to the Location
7.5% Rent Increases Every 5-Years Provide Steady NOI Growth, Offering a Hedge Against Inflation
The Lease Also Features a 12% Percentage Rent Based on Box Office Sales, Creating Upside Potential Tied to the Theater’s Performance
The Roxy Stadium 11 Opened in 2004 and Has Been A Staple In The Camarillo Community For Over 20 Years.
Cap Rate: 7.00 %

Major Tenants

Tenant SF Occupied Lease End Date
Roxy Cinema 40,598 SF 8/22/2030

Amenities

  • Pylon Sign
  • Signage
  • Signalized Intersection

Public Transportation

Commuter RailDriveWalkDistance
Camarillo (Ventura County Line - Southern California Regional Rail Authority (Metrolink)) 5 min - 2.3 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 200
Type: Surface
Included in Rent: Yes
Adam Scherr 310-853-1266 Sands Investment Group Santa Monica, LLC
Adam Scherr 310-853-1266 Sands Investment Group Santa Monica, LLC