Other Retail
Best Buy – Oxnard, CA
Other Retail Offerings
Best Buy – Oxnard, CA
2300 N Rose Ave
Oxnard, CA 93036
- Price:
- $16,400,000
- Cap Rate:
- 6.00%
- NOI:
- $984,166
- Rentable SQFT:
- 48,168 SF
- Year Built:
- 1995
- Lot Size:
- 5.70 AC
- Lease Type:
- Absolute NNN
- Lease Term:
- 5+ Yrs
- Type of Ownership:
- Fee Simple
- Status:
- Available
Investment Highlights
- Investment Grade Asset
- Absolute NNN Lease
- Historical Track Record
- Attractive Financing
Marcus & Millichap is pleased to present this exclusive opportunity to acquire a Best Buy in Oxnard, California, backed by an Absolute NNN lease to an investment-grade tenant (S&P: BBB). The offering features a long-term commitment from one of the nation’s top-performing electronics retailers, ranking within the top 1% of Best Buy stores in both California and the U.S. Ownership has recently invested approximately $289,000 in a new roof with a 20-year warranty, underscoring the property’s turnkey, low-maintenance profile. Offered at $16,400,000 with a 6.00% cap rate, this Absolute NNN Best Buy represents a premier opportunity to acquire a high-credit, passive investment in one of Southern California’s strongest trade areas.
Strategically positioned along a dominant retail corridor with combined traffic counts exceeding 183,900 vehicles per day, the property benefits from exceptional visibility and access in a thriving coastal market. The surrounding area is home to major national retailers and serves a dense and affluent consumer base within Ventura County.
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