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7.17% CAP Value-Add Multi-Tenant Retail/Off 2585 Cochran St 29,066 SF 91% Leased Retail Building Simi Valley, CA 93065 $8,196,544 CAD ($282.00 CAD/SF) 7.17% Cap Rate
Investment Highlights
- Value-Add Opportunity with a diverse tenant mix and favorable lease structure provide opportunities for rent growth and increased income
- Situated along a high-traffic corridor with over 27,229 daily vehicle counts, ensuring excellent exposure and accessibility
- Close proximity to key retailers like Target, Trader Joe’s, and Chick-Fil-A, generating steady foot traffic
- 91.28% leased, featuring a mix of retail, restaurants, service providers, and educational tenants for consistent cash flow
- 176 on-site parking spaces at a ratio of 6.06 spaces per 1,000 square feet, well above industry standards
- Strategic positioning along Cochran Street with direct access to the 118 Freeway, ensures high visibility and ease of access for regional consumers
Executive Summary
Located just off the 118 Freeway and visible to over 132,000 vehicles per day, 2585 Cochran Avenue benefits from substantial drive-by exposure, offering an ideal location for tenants seeking high visibility and easy access for local and regional visitors. The surrounding area hosts a strong lineup of nationally recognized retailers, including Target, Trader Joe’s, Lassen’s, and Chick-Fil-A, which generate consistent foot traffic and create a thriving commercial environment.
The property sits at the heart of Simi Valley’s growth corridor, reflecting the city’s ongoing residential and commercial expansion. Nearby developments, such as Sycamore Grove, a 164-residence project completed by Lennar Homes in 2022 at Cochran and Galena Avenue, expand the local consumer base and strengthen demand for retail and service-oriented businesses. This demonstrates the area’s transformation into a balanced mix of residential and commercial uses, further enhancing the appeal of 2585 Cochran Avenue for investors and future tenants alike.
2585 Cochran Avenue represents an outstanding opportunity for investors seeking stable, long-term returns in a growing Southern California market. With strong occupancy, built-in rent escalations, and potential for income growth, the property offers a solid foundation for enhancing future value. Its prime location, excellent accessibility, and proximity to a growing consumer base make it a key asset in Simi Valley’s evolving commercial real estate landscape.
Property Facts
Amenities
- Freeway Visibility
- Pylon Sign
- Restaurant
- Signage
- Signalized Intersection
- Wheelchair Accessible
- Monument Signage
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
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- Accommodation and Food Services
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En 2009, la troisième génération de Walsh's poursuit la tradition de Cupidon. Les sœurs Kelly et Morgan Walsh ont maintenant pris le pouvoir. Ils prévoient rester fidèles à la vision originale de leurs grands-parents d'un menu simple avec de la bonne nourriture. Ils ont grandi dans les coulisses de Cupid's mangeant des hot-dogs depuis leur première dent. Trop court pour atteindre les bateaux à vapeur, étant enfants, ils aidaient leur père pour les livraisons et veillaient toujours à goûter le produit. Lors du tremblement de terre de Northridge de 1994, leur père est venu à Van Nuys, a nettoyé le frigo et nourri le quartier. Cela a scellé leur sort en tant qu'enfants les plus populaires du quartier.
- Dani Mcafee
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- -
- -
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- Accommodation and Food Services
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- Ofl
- Educational Services
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Opportunities for Learning (OFL), un réseau d'écoles secondaires publiques gratuites dans le sud de la Californie, offre aux étudiants une approche flexible et personnalisée de l'éducation. Nous donnons aux élèves les moyens d'identifier et de réaliser leurs rêves à l'école secondaire et au-delà. À l'OFL, les élèves se voient offrir divers formats de classe pour s'assurer que chaque apprenant a les meilleures chances de réussir. En plus des cours d'études indépendants, les étudiants ont la possibilité et sont encouragés à participer à des cours en petits groupes et en ligne. Nous croyons que la relation élève-enseignant est essentielle à la réussite sociale, émotionnelle et scolaire d'un jeune. Nous sommes extrêmement fiers de la qualité de notre personnel et du lien profond que chacun d'eux partage avec chaque étudiant de l'OFL.
- Sports & Movie Stuff
- Retailer
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| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
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Accommodation and Food Services | - | - | - | ||
| Dani Mcafee | - | - | - | - | ||
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Accommodation and Food Services | - | - | - | ||
| Ofl | Educational Services | - | - | - | ||
| Opportunitues For Learning Ems | Educational Services | - | - | - | ||
| Sports & Movie Stuff | Retailer | - | - | - |
Space Availability
- Space
- Size
- Space Use
- Position
- Available
Ground level retail space Strong mix of restaurant, retail, school, salon and beauty tenants Abundant parking Signage available
| Space | Size | Space Use | Position | Available |
| G | 2,535 SF | Office/Retail | In-Line | Now |
G
| Size |
| 2,535 SF |
| Space Use |
| Office/Retail |
| Position |
| In-Line |
| Available |
| Now |
G
| Size | 2,535 SF |
| Space Use | Office/Retail |
| Position | In-Line |
| Available | Now |
Ground level retail space Strong mix of restaurant, retail, school, salon and beauty tenants Abundant parking Signage available
Nearby Major Retailers
Property Taxes
| Parcel Number | 613-0-240-145 | Improvements Assessment | $1,147,440 CAD |
| Land Assessment | $696,718 CAD | Total Assessment | $1,844,159 CAD |
Property Taxes
Presented by
7.17% CAP Value-Add Multi-Tenant Retail/Off | 2585 Cochran St
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