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The Shops at Simi Valley Town Center 1161-1181 Simi Town Center Way 30,986 SF of Retail Space Available in Simi Valley, CA 93065
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 30,986 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | TBD |
1189 Simi Town Center Way - 1st Floor
Corporate (NYSE: BIG) 10-Year Single Tenant NNN Lease.
- Fully Built-Out as Standard Retail Space
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
Property Facts
| Total Space Available | 30,986 SF | Frontage | |
| Center Type | Community Center | Gross Leasable Area | 267,470 SF |
| Parking | 1009 Spaces | Total Land Area | 24.15 AC |
| Center Properties | 8 | Year Built | 2005 |
| Total Space Available | 30,986 SF |
| Center Type | Community Center |
| Parking | 1009 Spaces |
| Center Properties | 8 |
| Frontage | |
| Gross Leasable Area | 267,470 SF |
| Total Land Area | 24.15 AC |
| Year Built | 2005 |
About the Property
1189 Simi Town Center Way is a prominently positioned, ±30,986 square-foot freestanding retail building located within the highly trafficked Simi Town Center retail trade area in Simi Valley, California. The property occupies a strategic commercial parcel directly adjacent to the major regional retail hub anchored by Best Buy, Lowe’s, Costco, Walmart, PetSmart, and Simi Valley Town Center, delivering strong synergy with established national tenants and destination retail traffic. The building is situated on a ±2.83-acre lot with excellent frontage and direct access from Simi Town Center Way, benefitting from heavy visibility and convenient ingress/egress to California State Route 118 (Ronald Reagan Freeway). The surrounding trade area supports robust daytime and household consumer density, with a significant resident population of over 110,000 within a five-mile radius and attractive average household incomes exceeding $150,000, underscoring strong demand drivers for retail and experiential uses. HIGHLIGHTS • ±30,986 square feet of freestanding retail on ±2.83 acres • Situated within the Simi Town Center retail corridor, anchored by major national retailers and entertainment offerings • Strong drive-by traffic counts and freeway visibility with direct Route 118 access • Dense, high-income trade area exceeding 110,000 residents within five miles • Ample surface parking and prominent signage potential • Well-positioned for credit tenancy, owner-use, or redevelopment opportunities
Nearby Major Retailers
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The Shops at Simi Valley Town Center | 1161-1181 Simi Town Center Way
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