883 Patriot Drive C,D,E, Moorpark CA, 93021

Active

883 Patriot Drive C,D,E

Moorpark CA, 93021

$7,200,000

$621.01 per sqft

Active

11,594 sqft

Commercial

Built in 2009

Listed by Grady Liu with MacroReal Inv Grp Inc. 626-898-5868

*** $335,000 REDUCTION ON PRICE*** 5.65% CAP RATE***The sale of this property is only subject to Condo units C,D,E. This is a recession resistant investment and a rare opportunity to purchase Three (3) retail condo units 100% occuiped by DaVita. Original lease 15 years from November 2012 with (2) Five-Year Options to renew at FMV. (High Income Demographics) With a 5-mile radius with Average Household Income is over $146,000; (Dialysis Demend) Within 5-mile radius, expecting over 11% growing population in the age group from 65 to 84 by 2027. (Affordability) Within 5-mile radius, Age 55-74 population with average household income of approximate $150,000.

TR23034573

MLSⓇ ID

March 1, 2023

Listed

March 28, 2024

Updated

Map

883 Patriot Drive C,D,E
Moorpark CA, 93021

Interior Features

Laundry Description: None
Fireplace: No
Cooling: No
Heating: No

Exterior/Building Features

Lot Size: 1.65 Acres
Lot Features: Cul-De-Sac

Other Property Details

Area Name: SMP - South Moorpark
Days on Market: 390
Garage: No
View: No
County: Ventura
Water Source: Public
Pool: No
Buyer Agency Compensation: 2%

Listing Contact: 626-898-5868

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 3/28/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

Data last updated on 3/28/2024 at 3:37 PM UTC