2101 Pickwick Dr 25,360 SF 100% Leased Retail Building Camarillo, CA 93010 $11,300,000 ($445.58/SF) 6.95% Cap Rate

2101 Pickwick Drive is a neighborhood retail investment opportunity consisting of approximately 25,360 rentable square feet situated on an 80,586-square-foot parcel in Camarillo, California. The Property is leased to a diversified tenant roster providing in-place cash flow supported by a balanced mix of medical, grocery, restaurant, fitness, personal care, and specialty retail uses. The Property benefits from a Triple Net (NNN) lease structure, multiple income sources, and annual contractual rent increases throughout much of the rent roll. The combination of current income, tenant diversification, and future lease renewal opportunities makes this an attractive offering for private investors, family offices, and 1031 exchange buyers.
Convenient access to U.S. Highway 101 provides regional connectivity throughout Ventura County and to the greater Southern California market. The surrounding residential base and strong demographic profile continue to support long-term demand for neighborhood-serving retail businesses.
The Property generates approximately $785,422 in annual Net Operating Income, representing an approximate 6.95% capitalization rate based on the asking price of $11,300,000. Income is derived from a diversified tenant roster operating under a predominantly Triple Net (NNN) lease structure that allows ownership to recover a substantial portion of operating expenses through Common Area Maintenance reimbursements. The diversified rent roll, contractual annual rental increases, and established tenant occupancy provide stable cash flow while creating opportunities for future income growth through lease renewals and market rent adjustments. Prospective purchasers should independently verify all financial information during the due diligence period.