820-830 East 5th Street, Oxnard, CA 93030
Marcus & Millichap, as exclusive advisor, is pleased to present 820-830 E 5th Street, a four-tenant, auto repair property located in Oxnard, This is a rare opportunity to acquire a 100% occupied, well-located automotive-zoned building with excellent street front visibility. The property is located on 5th street, one of Oxnard's main thoroughfares, with traffic counts exceeding 14,000 vehicles per day. It is very well situated within the city's main automotive zoned area, where a dense automotive focused tenant base creates a synergistic and well established auto service community. Built in the 1950's, 820-830 E 5th consists of two buildings totaling 7,104 SF on two parcels with a total of 17,424 SF of M2 Zoned Land.
Currently 100% leased to three tenants all on a month to month basis, the property's ideal location and excess parking creates an opportunity for an investor to add value by increasing rents to market, or a user to occupy some or all of the building. 820-830 is offered on a fee simple basis, and at a significant discount to replacement cost.
The Cohen | DeBuiser is a leading commercial real estate team with Marcus & Millichap, focusing on office, industrial, and retail investment sales in Ventura, Santa Barbara, and Los Angeles Counties. Contact us today!