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Alpine Plaza
Simi Valley, CA

$7,185,895 USD

Portfolio For Sale  •  35,955 SF

4 Properties View all

Property Details

  • Property Type Unknown
30 Transit Score
40 Walk Score

Highlights

Prime Simi Valley Retail Corridor – Positioned on Tapo Street with strong visibility, steady traffic counts, and convenient access to the 118 Freeway.
Value-Add Leasing Opportunity – Potential to increase income through renewals at market rates, rent growth, and future leasing initiatives.
Affluent and Established Demographics – Strong household incomes, stable population trends, and favorable demographics support long-term demand.
Internet-Resistant Tenant Base – U.S. Bank and service-oriented tenants rely on in-person visits, limiting exposure to e-commerce competition.
Stable Income with Future Upside – Combines in-place cash flow with future appreciation potential for income-oriented investors.
Supply-Constrained Retail Market – Limited new retail development in Simi Valley supports occupancy levels and long-term rental growth.

Property Flyers

Public Transportation

Commuter RailDriveWalkDistance
Simi Valley (Ventura County Line - Southern California Regional Rail Authority (Metrolink)) 3 min 17 min 0.9 mi
Chatsworth (Ventura County Line - Southern California Regional Rail Authority (Metrolink)) 16 min - 9.3 mi
AirportDriveWalkDistance
Bob Hope 34 min - 24.2 mi
Los Angeles International 53 min - 40.0 mi
Ara Rostamian 818-823-0832 Marcus & Millichap
Ara Rostamian 818-823-0832 Marcus & Millichap