Share This Listing

Message

922 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the broker for more information about this property

Investment Highlights

  • Freeway Adjacent - Highway 101 with 169,780 ADT
  • Affluent Demographics - $135K median HH income, $2.1M avg HH net worth
  • NNN Leases - landlord-friendly structure with built-in rent increases
  • Shadow Anchored - Walmart Neighborhood Market, Walgreens, Starbucks Drive-Thru
  • Amgen Proximity - 5,500 employees + $600M expansion nearby
  • High Barriers to Entry

Executive Summary

Lockehouse Retail Group is pleased to present the exclusive offering of the Shops at Thousand Oaks Marketplace—a rare opportunity to acquire a well-located retail asset in the heart of Ventura County. The property comprises approximately 14,930 square feet of multi-tenant retail on 1.78 acres, shadow-anchored by a national grocer. Currently 91% occupied, the center generates stable cash flow from a diverse tenant mix while providing upside through lease-up of the remaining vacancy.
Positioned along Highway 101, the center benefits from convenient access and strong traffic counts, drawing from a base of established residential neighborhoods and complementary daily-needs retail. The property is further supported by its proximity to Amgen’s global headquarters - employing more than 5,500 people and expanding with a new pharmaceutical hub, which enhances daytime demographics and long-term demand drivers.
With robust demographics, a highly skilled workforce, and sustained corporate investment, the Shops at Thousand Oaks Marketplace represents a compelling opportunity to acquire a well-located retail asset offering durable income today and meaningful growth potential in one of Southern California’s most supply-constrained markets.

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
14,930 SF
Building Class
B
Year Built
2016
Price
$16,035,485 CAD
Price Per SF
$1,074.04 CAD
Percent Leased
91%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.19
Lot Size
1.78 AC
Zoning
C3 - The C-3 Zone is intended for planned shopping centers which serve several neighborhoods.
Parking
80 Spaces (5.36 Spaces per 1,000 SF Leased)
Frontage
379’ on N Ventu Park Rd

Amenities

  • Signage
  • Air Conditioning

Space Availability

  • Space
  • Size
  • Space Use
  • Position
  • Available
  • 190
  • 1,300 SF
  • Retail
  • In-Line
  • Now

New Construction Grocery Anchored Center. Space is in shell condition with ADA restroom.

Space Size Space Use Position Available
190 1,300 SF Retail In-Line Now

190

Size
1,300 SF
Space Use
Retail
Position
In-Line
Available
Now

190

Size 1,300 SF
Space Use Retail
Position In-Line
Available Now

New Construction Grocery Anchored Center. Space is in shell condition with ADA restroom.

Fairly walkable
50/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
50/100

Nearby Major Retailers

Starbucks
Walmart Neighborhood Market
Ralphs
Chase Bank
Sourdough & Co
Chili's Grill & Bar
Weight Watchers
Orangetheory Fitness
Smart & Final
Sharky's Woodfired Mexican Grill

Property Taxes

Property Taxes

Parcel Number
526-0-170-130
Land Assessment
$4,856,201 CAD
Improvements Assessment
$3,455,676 CAD
Total Assessment
$8,311,878 CAD
  • Listing ID: 28795916

  • Date on Market: 2023-06-19

  • Last Updated:

  • Address: 520 N Ventu Park Rd, Thousand Oaks, CA 91320

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}