SoCal Best Buy | Top Performing Location | 5-Year Option Recently Exercised | Brand New Roof | Absolute NNN Lease

Highlights:

• Investment Grade Asset
• Absolute NNN Lease
• Historical Track Record
• Attractive Financing
• New Roof & 20 Yr Warranty

Description:

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.

Tony Solomon
Broker of Record
License # 01238010
23975 Park Sorrento
Suite 400
Calabasas, CA 91302
(310) 909-5500

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