Oakbrook Plaza_Property for Sale
Oakbrook Plaza_Property for Sale
1724 E Avenida de Los Arboles, Thousand Oaks, CA, 91362-1358, US

Oakbrook Plaza

Asset description

Jones Lang LaSalle, as exclusive advisor, has been retained by ownership to offer qualified investors the opportunity to acquire Oakbrook Plaza (the “Property”), an 83,344 square foot grocery-anchored retail center located in the highly affluent and desirable suburb of Thousand Oaks, California. The Property benefits from significant visibility and street frontage via Interstate-23 (Moorpark Freeway) and East Avenida de Los Arboles (31,000 VPD). Oakbrook Plaza is anchored by Gelson’s Markets, known as high-end grocery chain with the ability to attract affluent shoppers. The Property benefits from this affluent customer base where average household incomes exceed $140,000 within a one-mile radius. Oakbrook Plaza is further bolstered by a roster of synergistic, daily-needs oriented tenants that solidify its position as the “go-to” neighborhood center within the community. Currently at 90.0% occupancy, Oakbrook Plaza offers qualified investors the opportunity to immediately add value through the lease-up of several in-line shop spaces.

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Attributes

Building area net
83,344 sf
Land area net
9.4 acres
Occupancy
90%
Parking spaces
476
NOI
$1,623,000

Media

Investment highlights

  • PRIME LOCATION IN AFFLUENT SUBURB
  • GROCERY ANCHOR WITH UPSIDE
  • SIGNIFICANT UPSIDE POTENTIAL FROM FITNESS 19 SUBLEASE
  • HIGH-TRAFFIC LOCATION WITH EXCELLENT VISIBILITY
  • PRIME FRONTAGE ON THE “GOING HOME” SIDE OF A MAJOR THOROUGHFARE
  • DIVERSE, INTERNET-RESISTANT TENANT MIX
  • LONG-TERM LEASES WITH STAGGERED EXPIRATIONS
Oakbrook Plaza 4_Property for Sale
Oakbrook Plaza 4_Property for Sale

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Oakbrook Plaza (0 Properties)

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Last updated
Mar 5, 2025