Retail    

From the Earth

 Port Hueneme, CA

Asking Price

$2,666,667

Cap Rate

9.00%

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Lease Type

Absolute NNN

Rent Increases

Rent Increases

2.00% Annually

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Building Size

9,960 SF

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Lot Size

0.59 AC

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Renewal Options

4 x 5-year

For more details on this exclusive listing

DOWNLOAD OM

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INVESTMENT HIGHLIGHTS

  • Long-Term, Absolute NNN Lease | 10 Years of LTR
    | Zero Landlord Responsibilities
  • Attractive Annual Increases | 2.00% Annually
  • Strong Unit-Level Sales | Strong sales at this location since opening in 2018
  • Limited License City | One of Twelve Licenses Allowed in Port Hueneme
  • Strong Retail Trade Area  | Situated just off the primary retail corridor of East Channel Island Boulevard
  • Excellent Access & Visibility | Two Points of Access - E Bay Blvd & N Ventura Rd - 54,000+ VPD
  • Rare Greater Los Angeles MSA Acquisition | Multi-Generational Opportunity
  • Exceptional Demographics

Exclusively Listed By

Christian Tremblay

Vice President
  ctremblay@northmarq.com      +1 201.919.6148

BJ Feller

Senior Vice President & Managing Director
  bfeller@northmarq.com   

Isaiah Harf

Regional Managing Director
  iharf@northmarq.com   

Mark Lovering

Associate Vice President
  mlovering@northmarq.com   

Jack Collins

Associate Vice President
  jcollins@northmarq.com   

Josh Dicker

Senior Associate
  jdicker@northmarq.com   

Robin Borgeson

Associate
  rborgeson@northmarq.com   

Russell Freeman

Analyst
  rfreeman@northmarq.com   

Sam Ray

Analyst
  sray@northmarq.com   

In Association With
Ronnie Givargis

CA Broker License #01363135

Northmarq

303 E Wacker Dr | Suite 1111
Chicago, IL 60601


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