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4501 Ventura Ave - National Billboard Lease for Sale 5,000 SF Specialty Building Offered at $969,157 CAD at a 7% Cap Rate in Ventura, CA 93001
Executive Summary
Rare opportunity to acquire a established billboard lease providing stable income. The billboard is currently under a 10 year lease term through September 1, 2032, with 10 year renewal options thereafter, subject to the landlord's termination rights.
The lease currently generates $46,924.60 in annual rental income and includes scheduled annual rent increases, offering built in income growth over time.
Strategically positioned with excellent visibility from both the Ojai Freeway (Highway 33) and Ventura Avenue, the billboard benefits from strong traffic exposure in a highly traveled corridor. This is an attractive opportunity for investors seeking passive income with long term upside potential.
The lease currently generates $46,924.60 in annual rental income and includes scheduled annual rent increases, offering built in income growth over time.
Strategically positioned with excellent visibility from both the Ojai Freeway (Highway 33) and Ventura Avenue, the billboard benefits from strong traffic exposure in a highly traveled corridor. This is an attractive opportunity for investors seeking passive income with long term upside potential.
Property Facts
| Price | $969,157 CAD | Building Class | B |
| Price Per SF | $193.83 CAD | Lot Size | 1.39 AC |
| Sale Type | Investment | Building Size | 5,000 SF |
| Cap Rate | 7% | No. Stories | 1 |
| Property Type | Specialty | Year Built | 2008 |
| Property Subtype | Lodge/Meeting Hall |
| Price | $969,157 CAD |
| Price Per SF | $193.83 CAD |
| Sale Type | Investment |
| Cap Rate | 7% |
| Property Type | Specialty |
| Property Subtype | Lodge/Meeting Hall |
| Building Class | B |
| Lot Size | 1.39 AC |
| Building Size | 5,000 SF |
| No. Stories | 1 |
| Year Built | 2008 |
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Somewhat walkable
20/100
Exceptionally drivable
100/100
Limited public transit
30/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | 063-0-140-665 | Improvements Assessment | $0 CAD |
| Land Assessment | $1,110,606 CAD | Total Assessment | $1,110,606 CAD |
Property Taxes
Parcel Number
063-0-140-665
Land Assessment
$1,110,606 CAD
Improvements Assessment
$0 CAD
Total Assessment
$1,110,606 CAD
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Presented by
Optima Investment Group
4501 Ventura Ave - National Billboard Lease for Sale
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