1
1

2279 Ward Avenue
Simi Valley, CA 93065

Price: $7,250,000 Zoning: GI, Simi Valley
Bldg SF: 42,961 SF Price/SF: $169
Land SF: 72,458 SF Occupancy: Vacant
Pro Forma CAP Rate:  3.21% Property Type: Industrial
Click to View Offering MemorandumClick to Print Offering Memorandum

Exclusively Listed by:
Brandon Michaels
(818) 212-2794
bmichaels@marcusmillichap.com
License # 01434685


Austin Sreden
(818) 212-2805
austin.sreden@marcusmillichap.com
License # 02023489

Address: 2279 Ward Avenue, Simi Valley, CA 93065
Price: $7,250,000
Bldg SF: 42,961 SF
Land SF: 72,458 SF
ProForma CAP Rate: 3.21%
Price/SF: $169
Occupancy:  Vacant
Property Type: Industrial
Click to View Offering MemorandumClick to Print Offering Memorandum

Exclusively Listed by:
Brandon Michaels
(818) 212-2794
bmichaels@marcusmillichap.com
License # 01434685


Austin Sreden
(818) 212-2805
austin.sreden@marcusmillichap.com
License # 02023489

Investment Highlights

  • 42,961 square foot flex industrial building

 

  • Well-appointed office space

 

  • Ideal opportunity for an owner-user Buyer

 

  • Property will be delivered vacant at the close of escrow

 

  • 117 parking spaces, a ratio of 2.72 per 1,000 square feet

 

  • 24 foot clear heights

 

  • 4 roll up doors in the rear of the property, 2 of which are accompanied with loading docks

 

  • Close proximity to the 118 Freeway

 

  • Strong Immediate demographics

 

  • Affluent sub-market with an average income north of $110,000 within one mile of the subject property

 

  • Dense immediate population north of 125,000 people within five miles

 

  • Well amenitized Ventura County sub-market