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Shake Shack w/ Double Drive-Thru 711 Town Center Drive

3,286 SF Retail Building Oxnard, CA 93036 £6,753,169 (£2,055/SF) 4.35% Net Initial Yield

Investment Highlights

  • 2024 Construction. 3,286+/- SF Building on 1.01+/- Acre Site
  • Located on Town Center Drive (17,849+ VPD) & Oxnard Blvd (42,562+ VPD), Directly off of US-101 (124,938+ VPD)
  • Shake Shack has Been One of the Fastest-Growing Food Chains in the US with over 552 Locations Globally
  • New Prototype Building Featuring a Double Lane Drive-Thru, Shake Shack’s Newest Store Concept
  • Nearby Nationally Recognized Tenants Include Chick-fil-A, Panda Express, Walmart Neighborhood Market, Home Depot, & More
  • Oxnard | Ranked #2 Place in US to Retire and Buy a New Home | Population: 200,415+

Executive Summary

Brand New, 2024 Construction, 15-Year Ground Lease with 10% Rental Increases Every 5 Years

Attachments

SECURE NET LEASE OM

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Fast Food
Building Size
3,286 SF
Building Class
B
Year Built
2024
Price
£6,753,169
Price Per SF
£2,055
Net Initial Yield
4.35%
NOI
£293,763
Tenancy
Single
Number of Floors
1
Building FAR
0.07
Lot Size
1.01 AC

Links

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Walk Score ®
Very Walkable (85)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
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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.®
Learn How It Works Detailed Scores

Nearby Major Retailers

Lazy Dog Restaurant & Bar
The Cheesecake Factory
Five Guys
Starbucks
Bank of America
Red Robin
Whole Foods
Yard House
24 Hour Fitness
Luna Grill

PROPERTY TAXES

Parcel Number 132-0-470-245 Improvements Assessment £1,188,421
Land Assessment £1,508,417 Total Assessment £2,696,838

PROPERTY TAXES

Parcel Number
132-0-470-245
Land Assessment
£1,508,417
Improvements Assessment
£1,188,421
Total Assessment
£2,696,838
(214) 675-0175

Contacts

  • Listing ID: 33845997

  • Date on Market: 12/11/2024

  • Last Updated:

  • Address: 711 Town Center Drive, Oxnard, CA 93036

The Retail Property at 711 Town Center Drive, Oxnard, CA 93036 is currently available for sale. Contact Secure Net Lease for more information.

Retail PROPERTIES IN NEARBY NEIGHBOURHOODS

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© 2024 CoStar Group

Shake Shack w/ Double Drive-Thru | 711 Town Center Drive
(214) 675-0175 x

Shake Shack w/ Double Drive-Thru | 711 Town Center Drive

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Matthew Scow

(214) 675-0175

(214) 675-0175

Bob Moorhead

(214) 915-8890

(214) 915-8890

Joseph Caputo

(424) 220-6432

(424) 220-6432

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