Vista Ford Of Oxnard | 1501 Auto Center Dr
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Vista Ford Of Oxnard 1501 Auto Center Dr
70,999 SF Retail Building Oxnard, CA 93036 £17,213,900 (£242/SF) 4.91% Net Initial Yield
Executive Summary
This property (1501 Auto Center Drive) is 100% occupied, with a NNN lease.70999SF on 8 Acres. Building renovated in 2000 and and has a remaining economic life of 35years.
BREAKDOWN:
FORD-
OFFICE SPACE = 11675SF
SHOWROOM/PARTS = 11378SF
PARTS STORAGE = 5246SF
SERVICE SHOP= 31727SF
SALES CANOPY = 6817SF
SERVICE CANOPY = 4146SF
ROOFTOP PARKING = 64580SF
Structure is concrete block on concrete slab on compacted fill. Wood post and beam with concrete block exterior walls. Flat roof with parking.
HEAT = Forced Air
AC= Central HVAC
Fluorescent lights in showroom/ LED lights in service area.
Fire Sprinkler system and smoke alarms.
Elevators- YES
Low-Maintenance irrigation system for landscaping.
GENERAL INFO:
COMMERCIAL REGIONAL/AUTO SALES AND SERVICE (CR/ ROSE-SANTA CLARA SPECIFIC PLAN) ZONING
BREAKDOWN:
FORD-
OFFICE SPACE = 11675SF
SHOWROOM/PARTS = 11378SF
PARTS STORAGE = 5246SF
SERVICE SHOP= 31727SF
SALES CANOPY = 6817SF
SERVICE CANOPY = 4146SF
ROOFTOP PARKING = 64580SF
Structure is concrete block on concrete slab on compacted fill. Wood post and beam with concrete block exterior walls. Flat roof with parking.
HEAT = Forced Air
AC= Central HVAC
Fluorescent lights in showroom/ LED lights in service area.
Fire Sprinkler system and smoke alarms.
Elevators- YES
Low-Maintenance irrigation system for landscaping.
GENERAL INFO:
COMMERCIAL REGIONAL/AUTO SALES AND SERVICE (CR/ ROSE-SANTA CLARA SPECIFIC PLAN) ZONING
Financial Summary (Actual - 2023) |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
£845,046
|
£11.90
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
£845,046
|
£11.90
|
| Net Operating Income |
-
|
-
|
Financial Summary (Actual - 2023)
| Gross Rental Income | |
|---|---|
| Annual | £845,046 |
| Annual Per SF | £11.90 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | £845,046 |
| Annual Per SF | £11.90 |
| Net Operating Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Auto Dealership
Building Size
70,999 SF
Building Class
C
Year Built
2000
Price
£17,213,900
Price Per SF
£242
Net Initial Yield
4.91%
NOI
£845,046
Tenancy
Single
Number of Floors
1
Building FAR
0.20
Lot Size
8.00 AC
Zoning
C2, Oxnard - Commercial Regional/Auto Sales and Service
Parking
850 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Corner Lot
- Signalised Intersection
- Monument Signage
Nearby Major Retailers
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | £6,390,378 | |
| Land Assessment | £8,140,610 | Total Assessment | £14,530,988 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
£8,140,610
Improvements Assessment
£6,390,378
Total Assessment
£14,530,988
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Vista Ford Of Oxnard | 1501 Auto Center Dr
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