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2486 N Ponderosa Dr
Camarillo, CA 93010
Unifeye Vision Partners - Camarillo, D110 · Office Property For Sale
·
19,233 SF
Investment Highlights
- BITE SIZED ASSET - 2,400 SF Condominium
- BELOW MARKET RENT - The current rent of $30.84/SF is below regional medical and ASC comparables.
- STABLE ASSETS - The property is secured by long-term NNN leases with over 12.5 years of remaining term and 3% annual escalations.
- CORPORATE TENANT - Property is leased to Unifeye Vision Partners, a national ophthalmic platform with 64 locations across 4 states.
- HANDS-OFF INVESTMENT - The NNN lease places all maintenance, repair, and replacement costs on the Tenant, with no Landlord obligations.
- PROFESSIONAL MANAGEMENT - Asset is part of a condominium association with professional property management.
1 Unit Available
- Unit
- Unit Size
- Condo Use
- Price
- NOI
| Sale Type | Investment | Cap Rate | 6.25% |
| Sale Type | Investment |
| Cap Rate | 6.25% |
Description
Property Details
Address - 2486 N Ponderosa Drive, Suite D110, Camarillo, CA 93010
Use - Ophthalmic Clinic and Ambulatory Surgery Center
Ownership Interest - Condominium - four (4) contiguous units
Building Size - 2,400 SF
Year Built - 1982 with continuous updates; renovated 2024
Parking - Shared and plentiful
Specialty Features - 1 AAAHC Accredited Operating Room
Address - 2486 N Ponderosa Drive, Suite D110, Camarillo, CA 93010
Use - Ophthalmic Clinic and Ambulatory Surgery Center
Ownership Interest - Condominium - four (4) contiguous units
Building Size - 2,400 SF
Year Built - 1982 with continuous updates; renovated 2024
Parking - Shared and plentiful
Specialty Features - 1 AAAHC Accredited Operating Room
Sale Notes
ERE Healthcare Real Estate Advisors (“ERE”) exclusively represents ownership in the sale of a 2-asset medical condominium portfolio (the “Property” or “Portfolio”) in Camarillo and Oxnard, California. The assets are available individually or as a portfolio.
Totaling 4,435 square feet, the 2 assets are strategically located in coastal Ventura County, a dense, desirable, and high barrier to entry bedroom community positioned between Los Angeles and Santa Barbara. The county is home to approximately 850,000 residents and anchored by a diversified employment base spanning healthcare, biotechnology, agriculture, advanced manufacturing, and defense, with Naval Base Ventura County alone employing more than 16,000 residents.
The Camarillo asset comprises 4 contiguous condominium units totaling 2,400 square feet and operates as an ophthalmic clinic and ambulatory surgery center directly across from Dignity Health – St. John’s Hospital Camarillo. The Oxnard asset is a single 2,035 square foot unit operating as an ophthalmic clinic and boasting frontage on Gonzalez Road, a major arterial thoroughfare. Both suites were renovated in 2024 to the tenant’s specifications, allowing the practice to provide high-quality eye care to area patients.
Both assets are leased to Unifeye Vision Partners, a Dallas-based ophthalmic services platform founded in 2017 that today supports 156 providers across 64 clinical locations and 15 ambulatory surgery centers. The platform is backed by Waud Capital Partners, providing substantial capital for ongoing financial security and continued growth.
The properties feature identical long-term leases with no landlord responsibilities, providing a truly hands-off investment opportunity, ideally suited for a 1031 exchange or other long-term investor seeking a stable and passive investment. Both assets sit within professionally managed condominium associations, adding a further layer of oversight and security.
Upon closing of the transaction, the selected purchaser will assume one or both existing leases with the corporate tenant, UVP Management, LLC. The NNN leases feature more than 12.5 years of remaining term and 3% annual increases.
Access the listing for the accompanying property in the portfolio with this address: 1200 W Gonzalez Road, Suite 100, Oxnard, CA 93036
Totaling 4,435 square feet, the 2 assets are strategically located in coastal Ventura County, a dense, desirable, and high barrier to entry bedroom community positioned between Los Angeles and Santa Barbara. The county is home to approximately 850,000 residents and anchored by a diversified employment base spanning healthcare, biotechnology, agriculture, advanced manufacturing, and defense, with Naval Base Ventura County alone employing more than 16,000 residents.
The Camarillo asset comprises 4 contiguous condominium units totaling 2,400 square feet and operates as an ophthalmic clinic and ambulatory surgery center directly across from Dignity Health – St. John’s Hospital Camarillo. The Oxnard asset is a single 2,035 square foot unit operating as an ophthalmic clinic and boasting frontage on Gonzalez Road, a major arterial thoroughfare. Both suites were renovated in 2024 to the tenant’s specifications, allowing the practice to provide high-quality eye care to area patients.
Both assets are leased to Unifeye Vision Partners, a Dallas-based ophthalmic services platform founded in 2017 that today supports 156 providers across 64 clinical locations and 15 ambulatory surgery centers. The platform is backed by Waud Capital Partners, providing substantial capital for ongoing financial security and continued growth.
The properties feature identical long-term leases with no landlord responsibilities, providing a truly hands-off investment opportunity, ideally suited for a 1031 exchange or other long-term investor seeking a stable and passive investment. Both assets sit within professionally managed condominium associations, adding a further layer of oversight and security.
Upon closing of the transaction, the selected purchaser will assume one or both existing leases with the corporate tenant, UVP Management, LLC. The NNN leases feature more than 12.5 years of remaining term and 3% annual increases.
Access the listing for the accompanying property in the portfolio with this address: 1200 W Gonzalez Road, Suite 100, Oxnard, CA 93036
| Unit | Unit Size | Condo Use | Price | NOI |
| Unit 110 | 2,400 SF | Medical | Upon Request | $102,397.47 CAD |
Unit 110
| Unit Size |
| 2,400 SF |
| Condo Use |
| Medical |
| Price |
| Upon Request |
| NOI |
| $102,397.47 CAD |
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Unit 110
| Unit Size | 2,400 SF |
| Condo Use | Medical |
| Price | Upon Request |
| NOI | $102,397.47 CAD |
| Sale Type | Investment |
| Cap Rate | 6.25% |
| Description | |
|
Property Details Address - 2486 N Ponderosa Drive, Suite D110, Camarillo, CA 93010 Use - Ophthalmic Clinic and Ambulatory Surgery Center Ownership Interest - Condominium - four (4) contiguous units Building Size - 2,400 SF Year Built - 1982 with continuous updates; renovated 2024 Parking - Shared and plentiful Specialty Features - 1 AAAHC Accredited Operating Room |
|
| Sale Notes | |
|
ERE Healthcare Real Estate Advisors (“ERE”) exclusively represents ownership in the sale of a 2-asset medical condominium portfolio (the “Property” or “Portfolio”) in Camarillo and Oxnard, California. The assets are available individually or as a portfolio. Totaling 4,435 square feet, the 2 assets are strategically located in coastal Ventura County, a dense, desirable, and high barrier to entry bedroom community positioned between Los Angeles and Santa Barbara. The county is home to approximately 850,000 residents and anchored by a diversified employment base spanning healthcare, biotechnology, agriculture, advanced manufacturing, and defense, with Naval Base Ventura County alone employing more than 16,000 residents. The Camarillo asset comprises 4 contiguous condominium units totaling 2,400 square feet and operates as an ophthalmic clinic and ambulatory surgery center directly across from Dignity Health – St. John’s Hospital Camarillo. The Oxnard asset is a single 2,035 square foot unit operating as an ophthalmic clinic and boasting frontage on Gonzalez Road, a major arterial thoroughfare. Both suites were renovated in 2024 to the tenant’s specifications, allowing the practice to provide high-quality eye care to area patients. Both assets are leased to Unifeye Vision Partners, a Dallas-based ophthalmic services platform founded in 2017 that today supports 156 providers across 64 clinical locations and 15 ambulatory surgery centers. The platform is backed by Waud Capital Partners, providing substantial capital for ongoing financial security and continued growth. The properties feature identical long-term leases with no landlord responsibilities, providing a truly hands-off investment opportunity, ideally suited for a 1031 exchange or other long-term investor seeking a stable and passive investment. Both assets sit within professionally managed condominium associations, adding a further layer of oversight and security. Upon closing of the transaction, the selected purchaser will assume one or both existing leases with the corporate tenant, UVP Management, LLC. The NNN leases feature more than 12.5 years of remaining term and 3% annual increases. Access the listing for the accompanying property in the portfolio with this address: 1200 W Gonzalez Road, Suite 100, Oxnard, CA 93036 |
Property Facts
The following property facts and amenities apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
| Total Building Size | 19,233 SF | Typical Floor Size | 9,617 SF |
| Property Type | Office (Condo) | Year Built | 1982 |
| Property Subtype | Medical | Lot Size | 0.53 AC |
| Building Class | C | Parking Ratio | 2.6/1,000 SF |
| Floors | 2 | ||
| Zoning | PO | ||
| Total Building Size | 19,233 SF |
| Property Type | Office (Condo) |
| Property Subtype | Medical |
| Building Class | C |
| Floors | 2 |
| Typical Floor Size | 9,617 SF |
| Year Built | 1982 |
| Lot Size | 0.53 AC |
| Parking Ratio | 2.6/1,000 SF |
| Zoning | PO |
Amenities
- 24 Hour Access
- Controlled Access
- Fenced Lot
- Security System
- Signage
- Wheelchair Accessible
- Storage Space
- Natural Light
- Plug & Play
- Reception
- Drop Ceiling
- Outdoor Seating
- Air Conditioning
- Smoke Detector
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
