This feature is unavailable at the moment.

We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.

Please check back in a few minutes. We apologize for the inconvenience.

- LoopNet Team

You must register your contact information to view secure information on this listing.
You must register your contact information to view secure information on this listing.

Share This Listing

Please enter a valid email address.

Note: To send this property to multiple individuals, insert a semi-colon between each recipient's email address.

LoopNet has taken a strong stance against the practice of sending unsolicited commercial emails, also known as "spam." Please send these emails only to people you know who would be interested in this property. If someone asks you not to send these emails to them, please comply.

thank you

Your email has been sent!

3775 Market St

8,393 SF 45% Leased Industrial Building Ventura, CA 93003 £1,538,550 (£183/SF)

Investment Highlights

  • Rare Multi-Tenant M1 Zoned Industrial Building with Yard
  • Buyer may occupy second floor offices or add value through leasing
  • Corner location with drive-through yard
  • Rayne Water leases 72.7% of the building on a NNN basis
  • Close proximity to 101 Freeway, 126 Hwy and many restaurants and amenites
  • Building has significant Tenant Improvements for water softening & purification

Executive Summary

3775 Market St, Ventura is a freestanding multi-tenant industrial building with significant tenant improvements supporting water treatment use. The primary tenant (72.7% of the building), Rayne Water, occupies the entire ground floor and yard. The second floor (Unit B) is currently vacant providing upside for an investor or potential to occupy for and owner/user. A rare opportunity to purchase one of the few multi-tenant M1 Industrial Buildings in the City of Ventura with secured yard. Current vacancy rates for the Ventura County industrial market are approximately 2.1% per CoStar, increasing demand for the asset type.
3775 Market Street, Ventura is an approximately 8,427sf industrial building (built 1984) on 26,708sf lot and is located on the corner of Fleet Ave and Market St with close proximity to the 101 Freeway and 126 Highway. There are numerous surrounding amenities including restaurants, retail and financial institutions.
The M1 zoning is a flexible industrial zoning allowing for a number of uses not permitted by right in the more restrictive MPD zoning (Buyer to complete their own investigations with the City of Ventura). The property provides an excellent Investor opportunity with a the ability to add-value through the vacant 2nd story offices.

Attachments

3775 Market St

Property Facts

Price £1,538,550
Price Per SF £183
Sale Type Investment or Owner User
Property Type Industrial
Property Subtype
Service
  • Industrial Manufacturing
  • Industrial Warehouse
  • OfficeLoft Creative Space
Building Class C
Lot Size 0.44 AC
Rentable Building Area 8,393 SF
Number of Floors 2
Year Built 1984
Parking Ratio 1.2/1,000 SF
Level Access Doors 2

Amenities

  • Signage

Utilities

  • Lighting
  • Gas
  • Water
  • Sewer
  • Heating

MAJOR TENANTS

  • Tenant
  • Industry
  • SF OCCUPIED
  • RENT/SF
  • Lease Type
  • Lease End
  • Service type
  • 6,130 SF
  • £1.08
  • Triple Net
  • May 2025

Rayne Water is a trusted water softener company that has been providing clean drinking water since 1928. Whether anyone needs a residential water softening system for hard water problems or a water filtration treatment system for their commercial use, they have it all. At Rayne, their Water Softening Systems will treat hard water and save their customers money from the very moment they begin to use them. Water Softeners, Water Purification, Whole House Conditioners, Hybrid Softener/ Conditioners, Drinking Water Systems, Portable Exchange Service and more.

Tenant Industry SF OCCUPIED RENT/SF Lease Type Lease End
Service type 6,130 SF £1.08 Triple Net May 2025

Space Availability

  • Space
  • Size
  • Space Use
  • Condition
  • Available
  • 2nd Fl - Unit B
  • 2,297 SF
  • Industrial
  • Full Build-Out
  • Now

Second story office space with private balcony. Office space for lease in Ventura! Multi-tenant office/industrial building.

Space Size Space Use Condition Available
2nd Fl - Unit B 2,297 SF Industrial Full Build-Out Now

2nd Fl - Unit B

Size
2,297 SF
Space Use
Industrial
Condition
Full Build-Out
Available
Now

2nd Fl - Unit B

Size 2,297 SF
Space Use Industrial
Condition Full Build-Out
Available Now

Second story office space with private balcony. Office space for lease in Ventura! Multi-tenant office/industrial building.

Walk Score ®
Very Walkable (70)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
138-0-140-210
Land Assessment
£304,234
Improvements Assessment
£494,293
Total Assessment
£798,527

zoning

Zoning Code M1D (residential/Mixed Use zone)
M1D (residential/Mixed Use zone)
  • Listing ID: 27548756

  • Date on Market: 19/01/2023

  • Last Updated:

  • Address: 3775 Market St, Ventura, CA 93003

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() }} characters 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') }}