1451 Pacific Ave

Marcus & Millichap is pleased to present 1451 Pacific Ave (“The Property”), a 14,400 square vacant industrial facility on 36,590 square feet of MLPD zoned land. With two separately-metered units, 1451 Pacific presents the opportunity to either occupy the entire property or lease one unit for additional income and future expansion plans. The Property benefits from a 20’ clear height, heavy power, and an ideal location near the Port of Hueneme and major transportation routes. 

The Property sits in the city of Oxnard in western Ventura County, directly between Los Angeles and Santa Barbara. Home to over 337,000 people with an average household income exceeding $102,000 within ten miles, the area benefits from a dense and highly educated workforce, excellent weather, and more affordable housing and a lower cost of doing business than neighboring Los Angeles and Santa Barbara Counties. Strong market fundamentals exist in the high barrier to entry market. As of Q2 2023, Oxnard boasts an industrial vacancy of just 1.3%. 

Highlights

Price - $3,960,000

Gross Rentable Area - 14,400 SF

Ste Area - 0.84 Acres

Price/SF - $275/SF

Occupancy - Vacant

Year Built - 1999

Zoning - MLPD

Clear Height - 16'

Loading - 2 Grade Level

Parking - 28 Spaces (2:1,000)