455 Cochran Street

  • For Sale $8,250,000
  • Simi Valley, CA 93065
  • Retail | ±19,240 SF

Details

  • Offer For Sale
  • Property Type Retail
  • Building Size 19,240 SF
  • Land Size 132,422 SF
  • Year Built 2003
  • Tenant PetSmart, Inc.
  • Lease Expiration January 31, 2024
  • Lease Options Three [3], five [5] year options remaining
  • Lease Increases 8% every five [5] years
  • Lease Type Triple net
  • NOI (Year 1) $432,966
  • Cap Rate (Year 1) 5.25%

Highlights

  • Sector Leading Operator | Dominant Brand
  • Tenant just renewed for five [5] years and made capital investments in the building
  • Occupied the building since 2003
  • High credit SNTL
  • Internet Resistant Tenancy
  • Long-Term Tenancy
  • Signature Shopping Center
  • Proven Location
  • Coupon Clipper
  • High-Identity, High-Traffic Location
  • High Growth Trade Area
  • Affluent Surrounding Areas
  • Desireable Ventura County Location
  • Pride of Ownership Asset

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Address

455 Cochran Street
Simi Valley, CA 93065
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