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    6591-659 Collins Dr.

    Moorpark, CA 93021
    • $10,500,000
    • STATUS: Active
    • ON SITE: 26 days
    • ID#: SR20228021
    UPDATED: 66 min ago
    $10,500,000
    • 0
      BEDS
    • 4.8
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 50,296
      SQFT
    • $209
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    2006
    County:

    School Ratings & Info

    Description

    Property Highlights: Mixed-use shopping center offering strong in place rents and substantial upsideAnchored by a newly leased and renovated Starbucks+-50,296 building square feet on a +- 209,088 square foot lotBeautiful newer construction with attractive curb appeal built in 2006-2008Average household income of $131,000Property Description:Moorpark Campus Plaza is a +-50,296 square foot mixed-use shopping center, situated on 3 separate parcels totaling +-4.8 acres. The center is anchored by a recently renovated and leased freestanding Starbucks with drive through. The property provides investors with a tremendous investment opportunity given it's strong in place rents, significant upside through new tenant lease up and the potential to convert several leases from gross to NNN lease structures in the future. This well positioned center benefits from its prime location in Moorpark, CA, an affluent Southern California suburb in Ventura County. Within a two (2) mile radius the average household income is +-$131,000. Moorpark Campus Plaza+GGs proximity to the 118 Freeway and Collins Drive interchange boasts an average of +-80,000 vehicles per day and the center greatly benefits from its close proximity to Moorpark Community College which attracts +-19,000 students and staff members to its campus.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-11-24T22:28:43.907. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Results Group | Berkshire Hathaway HomeServices California Realty. Licensed in the State of California, USA.

    www.redlandsland.com/homes/111436072
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    6591-659 Collins Dr. Moorpark, CA 93021

    • Price: $10,500,000
    • Status: Active
    • Updated: 66 min ago
    • ID#: SR20228021
    0
    Beds
    0
    Baths
    0
    ½ Baths
    4.8
    Acres
    50,296
    SQFT
    $209
    $/SQFT
    2006
    Built
    Neighborhood:
    SMP - South Moorpark
    County:
    Ventura
    Area:
    SMP - South Moorpark
    Property Description
    Property Highlights: Mixed-use shopping center offering strong in place rents and substantial upsideAnchored by a newly leased and renovated Starbucks+-50,296 building square feet on a +- 209,088 square foot lotBeautiful newer construction with attractive curb appeal built in 2006-2008Average household income of $131,000Property Description:Moorpark Campus Plaza is a +-50,296 square foot mixed-use shopping center, situated on 3 separate parcels totaling +-4.8 acres. The center is anchored by a recently renovated and leased freestanding Starbucks with drive through. The property provides investors with a tremendous investment opportunity given it's strong in place rents, significant upside through new tenant lease up and the potential to convert several leases from gross to NNN lease structures in the future. This well positioned center benefits from its prime location in Moorpark, CA, an affluent Southern California suburb in Ventura County. Within a two (2) mile radius the average household income is +-$131,000. Moorpark Campus Plaza+GGs proximity to the 118 Freeway and Collins Drive interchange boasts an average of +-80,000 vehicles per day and the center greatly benefits from its close proximity to Moorpark Community College which attracts +-19,000 students and staff members to its campus.
    Exterior Features

    Lot Features Lot Over 40000 Sqft Lot Size Units Square Feet

    Interior Features

    Condo Area Units Square Feet Laundry Features None

    Property Features

    Additional Parcels Description 51401600755140160085 Additional Parcels YN Yes Asset Class OfficeRetail Building Area Units Square Feet Building Name Moorpark Campus Plaza Building Status Existing Business Type MixedProfessional ServiceProfessional/OfficeRegional CenterRestaurantRetail Cap Rate 6.50 Country Us Investment Property YN Yes Land Lease YN No Laundry YN No Leasable Area Units Square Feet Max Total Area Units Square Feet Min Total Area Units Square Feet Property Sub Type Retail Retail Center Type Mixed Use Special Listing Conditions Standard Water Source Public

    Listing provided courtesy of Raymond Rodriguez of Keller Williams Realty Calabasas


    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-11-24T22:28:43.907. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Results Group | Berkshire Hathaway HomeServices California Realty. Licensed in the State of California, USA.

     
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    The Results Group | Berkshire Hathaway HomeServices California Realty
    501 Stuart Street, Suite 101
    Redlands CA, 92373