2167-2175 Pickwick Dr 10,000 SF 100% Leased Retail Building Camarillo, CA 93010 $5,257,071 CAD ($525.71 CAD/SF) 6.30% Cap Rate

2167 Pickwick Drive is a neighborhood retail investment opportunity consisting of approximately 10,000 rentable square feet in Camarillo, California. The Property generates
current income from four retail suites occupied by established neighborhood-serving businesses. The tenant roster is anchored by Outlaws Grill & Saloon, a well-established Camarillo neighborhood grill and bar that has served the local community for decades and occupies approximately 30% of the building under a lease extending through September 2032. The remaining tenants include a pharmacy, personal care service provider, and home furnishings retailer, creating diversified income from complementary neighborhood-serving businesses. One suite is anticipated to become available upon lease expiration, providing new ownership with an opportunity to secure a replacement tenant at market rental rates, subject to market conditions.
Strategically located within an established neighborhood retail corridor, the Property benefits from convenient access, strong visibility, and a surrounding customer base supported by established residential neighborhoods, neighborhood-serving businesses, and complementary commercial uses. Convenient access to U.S. Highway 101 provides regional connectivity throughout Ventura County and Southern California.
The Property generates approximately $233,328 in annual Net Operating Income and is offered at a 6.3% capitalization rate based on the current asking price. Income is derived from four retail suites operating under a predominantly Triple Net (NNN) lease structure. Current in-place income is complemented by a near-term leasing opportunity as one suite is expected to become available upon lease expiration, allowing new ownership the opportunity to pursue a new tenant at market rental rates while maintaining income from the remaining occupied suites.