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Attributes
Year Built | 1991 |
Building Area Net |
|
Asset Description
JLL has been exclusively retained by Ownership to offer qualified investors the exciting opportunity to acquire the former Sears spaces at the Pacific View Mall (the “Property”), a 164,433 square-foot box and a 14,130 square foot outparcel located in the commercial hub of Ventura, CA. The offering allows for an immediate redevelopment opportunity of the former Sears spaces which are part of the greater mall that contains a portfolio of high-volume retailers that benefit from the first-class location just Northwest of the interchange of the Santa Paula Fwy (48,329 VPD) and the Ventura Fwy (130,635 VPD).
Investment Highlights
- SIGNIFICANT VALUE-ADD POTENTIAL
- HIGHLY VISIBLE LOCATION WITH EXCELLENT ACCESSIBILITY
- WELL POSITIONED WITHIN RETAIL NODE
- HEAVY FOOT TRAFFIC
- SUPERIOR DEMOGRAPHICS
- HIGH BARRIERS TO ENTRY
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