New Listing
Description
PRIME SIGNALIZED CORNER | LONG-TERM GROUND LEASE OPPORTUNITYExceptional opportunity for a national or regional tenant to secure a long-term ground lease at the southwest corner of Teal Club Road and South Ventura Road in Oxnard, California. This highly visible, signalized intersection offers excellent exposure and a strategic location within an area positioned for significant future growth.The property is located directly across from the approved Teal Club Specific Plan, a master-planned development encompassing approximately 150 acres and allowing for up to 990 new residential units, along with commercial, business park, recreational, and open-space uses.With substantial residential development planned nearby, this location presents an attractive opportunity for businesses seeking to establish a long-term presence in a growing market. Potential uses include drive-through coffee, quick-service restaurants, convenience retail, financial institutions, medical offices, neighborhood retail, and other commercial or service-oriented businesses, subject to City of Oxnard approval.GROUND LEASE TERMS & PROPERTY HIGHLIGHTSAnnual Ground Rent: $100,000Monthly Equivalent: $8,333.33Lease Structure: Absolute Triple Net (NNN) Ground Lease.Lease Term: 20-30 years or longer, negotiableZoning: C-2-PD (General Commercial - Planned Development)Location: Southwest Corner of Teal Club Road and South Ventura RoadAPN: 183-0-110-370Offering Type: Vacant Commercial Land - Absolute Triple Net (NNN) Ground Lease.Secure a prominent commercial corner today and position your business to benefit from the continued growth and development of the surrounding community.All proposed uses are subject to City of Oxnard review and approval. Ground lease terms are negotiable and subject to a mutually acceptable agreement.
Details
| MLS # | V1-39622 |
|---|---|
| Listing Type | For Lease |
| Style | Unimprovedland |
| Status | Active |
| Days On Site | 5 |
| Listing Provided By | eXp Realty of California Inc | Kay Wilson-Bolton |
Features
| Zoning | Commercial Planned Dev |
|---|---|
| Acreage | 0.42 |
Interior
| Cooling | None |
|---|---|
| Heating | None |
| Heating Yes / No | No |
| Cooling Yes / No | No |
Exterior
| Lot Features | Corner Lot, Sprinklers None |
|---|---|
| Fencing | None |
Area Information
| State | CA |
|---|---|
| County | Ventura |
| City | Oxnard |
| Zip Code | 93036 |
| Area | VC31 Oxnard Northwest |
| Listing VS Median (in 93036) | |
Price: $100,000 low | high Med: $675,000 On site: 5 low | high Med: 111 | |
Market Activity 93036
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Learn More About This Property
| State | CA |
|---|---|
| County | Ventura |
| City | Oxnard |
| Zip Code | 93036 |
| Area | VC31 Oxnard Northwest |
| Listing VS Median (in 93036) | |
Price: $100,000 low | high Med: $675,000 On site: 5 low | high Med: 111 | |