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Executive Summary

100% Occupied NNN Investment with Future Owner-User or Redevelopment Potential
This 70,999 SF automotive dealership sits on approximately 8 acres and is currently 100% occupied by Ford under a triple-net (NNN) lease.
Lease Information:
Approximately 3 years remaining on the current Ford lease.
Current rental income: $165,000 per month NNN.
No renewal options or lease extensions remain.
Ford has indicated its intent to vacate upon expiration of the current lease, presenting a rare opportunity for an owner-user, investor, or redevelopment project.
The building was extensively renovated in 2000 and has an estimated remaining economic life of approximately 35 years.
Building Breakdown:
Office: 11,675 SF
Showroom & Parts: 11,378 SF
Parts Storage: 5,246 SF
Service Shop: 31,727 SF
Sales Canopy: 6,817 SF
Service Canopy: 4,146 SF
Rooftop Parking: 64,580 SF
Building Features:
Concrete block construction on a concrete slab with compacted fill.
Wood post-and-beam framing with concrete block exterior walls.
Flat roof with rooftop parking.
Forced-air heating.
Central HVAC.
Fluorescent lighting in the showroom.
LED lighting throughout the service area.
Fire sprinkler system and smoke alarms.
Elevator access.
Low-maintenance irrigation system for landscaped areas.
Zoning
Commercial Regional / Auto Sales & Service (CR – Rose-Santa Clara Specific Plan)
This property offers investors stable in-place income today while providing significant flexibility at lease expiration for owner occupancy, re-tenanting, or redevelopment.

Financial Summary (Actual - 2023)

Annual (CAD) Annual Per SF (CAD)
Gross Rental Income $1,522,908 $21.45
Other Income - -
Vacancy Loss - -
Effective Gross Income $1,522,908 $21.45
Net Operating Income - -

Financial Summary (Actual - 2023)

Gross Rental Income (CAD)
Annual $1,522,908
Annual Per SF $21.45
Other Income (CAD)
Annual -
Annual Per SF -
Vacancy Loss (CAD)
Annual -
Annual Per SF -
Effective Gross Income (CAD)
Annual $1,522,908
Annual Per SF $21.45
Net Operating Income (CAD)
Annual -
Annual Per SF -

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Auto Dealership
Building Size
70,999 SF
Building Class
C
Year Built
2000
Price
$32,291,290 CAD
Price Per SF
$454.81 CAD
Cap Rate
7.77%
NOI
$2,509,978 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.20
Lot Size
8.00 AC
Zoning
C2 - Commercial Regional/Auto Sales and Service
Parking
850 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
567’ on Auto Center

Amenities

  • Corner Lot
  • Signalized Intersection
  • Monument Signage
Fairly walkable
50/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
40/100

Nearby Major Retailers

The Coffee Bean & Tea Leaf
Navy Federal Credit Union
Chase Bank
Golden Corral Buffet & Grill
Chili's Grill & Bar
Olive Garden
Starbucks
Vons
City National Bank
Vallarta Supermarkets

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • 144-0-131-105
  • 144-0-131-115
  • 144-0-131-075
Land Assessment
$15,568,645 CAD (2026)
Improvements Assessment
$12,221,376 CAD (2026)
Total Assessment
$27,790,021 CAD (2026)
  • Listing ID: 27819768

  • Date on Market: 2023-02-23

  • Last Updated:

  • Address: 1501 Auto Center Dr, Oxnard, CA 93036

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