260-278 S. SURFSIDE DRIVE - PORT HUENEME, CA · 260-278 S. SURFSIDE DRIVE - PORT HUENEME, CA Chris...

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260-278 S. SURFSIDE DRIVE - PORT HUENEME, CA Chris Roth - Principal (760) 448-2448 [email protected] CalBRE #01789067 John Ochoa, SIOR - Principal (805) 626-1208 [email protected] CalBRE #0986604 Surfside Dr CANNABIS REAL ESTATE OPPORTUNITY

Transcript of 260-278 S. SURFSIDE DRIVE - PORT HUENEME, CA · 260-278 S. SURFSIDE DRIVE - PORT HUENEME, CA Chris...

Page 1: 260-278 S. SURFSIDE DRIVE - PORT HUENEME, CA · 260-278 S. SURFSIDE DRIVE - PORT HUENEME, CA Chris Roth - Principal (760) 448-2448 croth@lee-associates.com. CalBRE #01789067. John

260-278 S. SURFSIDE DRIVE - PORT HUENEME, CA

Chris Roth - Principal (760) [email protected] #01789067

John Ochoa, SIOR - Principal (805) [email protected] #0986604

Surfside Dr

CANNABIS REAL ESTATE OPPORTUNITY

Page 2: 260-278 S. SURFSIDE DRIVE - PORT HUENEME, CA · 260-278 S. SURFSIDE DRIVE - PORT HUENEME, CA Chris Roth - Principal (760) 448-2448 croth@lee-associates.com. CalBRE #01789067. John

Table of ContentsI. Investment Summary

II. Cannabis Zoning

III. Maps

IV. Photos

V. About Port Hueneme

VI. About Ventura County

Lee & Associates Commercial Real Estate Services - 1900 Wright Place Suite 200 - Carlsbad, CA 92009No warranty or representation is made to the accuracy of the foregoing transaction. Terms of sale or lease and availability are subject to change or withdrawal without notice.

Page 3: 260-278 S. SURFSIDE DRIVE - PORT HUENEME, CA · 260-278 S. SURFSIDE DRIVE - PORT HUENEME, CA Chris Roth - Principal (760) 448-2448 croth@lee-associates.com. CalBRE #01789067. John

Investment Summary260-278 S. Surfside offers the unique opportunity to purchase income producing cannabis zoned property in the coastal city of Port Hueneme, CA. The property currently is operated as a multi-tenant industrial and RV park and could continue to operate in that fashion for an investor not interested in cannabis related activities.

Sale Price: Submit Offer

Address: 260-278 S. Surfside Dr - Port Hueneme, CA

Building SF: Six Buildings Totaling 20,000 SF

Land Size: 100,188 (2.3 Acres)

INVESTMENT HIGHLIGHTS

Rare Cannabis ZoningThe property is one of a handful of properties in the M-1 zoning allowing multiple cannabis related activities including manufacturing, processing, and cultivation with a conditional use permit, development agreement and certificate of approval.

Short Term LeasesThe short term leases offer a cannabis user flexibility to occupy the property once they are approved for their business license and an investor the ability to increase rents immediately.

Income in PlaceThe income being produced allows a cannabis user income while going through the city approval process.

LocationThe property is located within walking distance to the Pacific Ocean and has excellent proximity to the Port of Hueneme

No warranty or representation is made to the accuracy of the foregoing information. Terms of sale or lease and availability are subject to change or withdrawal without notice. Any of the foregoing information will need to be separately verified by Buyer.

Surf

side

Dr

Surfside Dr

Page 4: 260-278 S. SURFSIDE DRIVE - PORT HUENEME, CA · 260-278 S. SURFSIDE DRIVE - PORT HUENEME, CA Chris Roth - Principal (760) 448-2448 croth@lee-associates.com. CalBRE #01789067. John

Cannabis ZoningM-1 ZONING• Allowing for cannabis cultivation, possession, manufacture, storing, processing and distribution subject to a conditional use permit,

development agreement and certificate of approval. • 260-278 S. Surfside is currently the only M-1 zoned property available for sale in Port Hueneme

Below is an aerial of all M-1 Zoned land in Port Hueneme.

S. S

urfs

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DrPort Hueneme Rd

SUBJECT

Page 5: 260-278 S. SURFSIDE DRIVE - PORT HUENEME, CA · 260-278 S. SURFSIDE DRIVE - PORT HUENEME, CA Chris Roth - Principal (760) 448-2448 croth@lee-associates.com. CalBRE #01789067. John

Maps

Ventura

Oxnard

PortHueneme

Saticoy

Santa Paula

Camarillo

Somis

Moorpark

Simi Valley

Thousand Oaks260-278S. Surfside Drive

Page 6: 260-278 S. SURFSIDE DRIVE - PORT HUENEME, CA · 260-278 S. SURFSIDE DRIVE - PORT HUENEME, CA Chris Roth - Principal (760) 448-2448 croth@lee-associates.com. CalBRE #01789067. John

Maps

260-278 S. Surfside Dr

Page 7: 260-278 S. SURFSIDE DRIVE - PORT HUENEME, CA · 260-278 S. SURFSIDE DRIVE - PORT HUENEME, CA Chris Roth - Principal (760) 448-2448 croth@lee-associates.com. CalBRE #01789067. John

Photos

No warranty or representation is made to the accuracy of the foregoing information. Terms of sale or lease and availability are subject to change or withdrawal without notice. Any of the foregoing information will need to be separately verified by Buyer.

Surfside Dr

Surf

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Surfside Dr

Page 8: 260-278 S. SURFSIDE DRIVE - PORT HUENEME, CA · 260-278 S. SURFSIDE DRIVE - PORT HUENEME, CA Chris Roth - Principal (760) 448-2448 croth@lee-associates.com. CalBRE #01789067. John

Port Hueneme OverviewPort Hueneme has an amazing location in Coastal California and is conveniently located 60 miles northwest of Los Angeles and 40 miles south of Santa Barbara. It is known for it’s small town atmosphere, affordable housing, diverse economy, temperate climate, clean air, low crime, quality education, and plentiful recreation.

Port Hueneme is also home to The Port of Hueneme which, along with the Naval Base, makes up approximately 60% of the City’s total land area. The Port is owned and operated by Oxnard Harbor District and has an annual economic impact of over half a billion dollars.

Five Primary Economic Drivers

1. Oil Production

2. Defense

3. Manufacturing

4. Agriculture

5. Tourism

Major Tourist Attractions

• Go to the Beach!

• Tour the Lighthouse

• Walk Port Hueneme Pier

• Enjoy the walking and biking trails

DEMOGRAPHICS 1 mi 3 mi 5mi

Population 22,604 113,072 190,714

Daytime Population 2,836 15,493 41,836

Average HH Income $94,365 $80,977 $84,912

Page 9: 260-278 S. SURFSIDE DRIVE - PORT HUENEME, CA · 260-278 S. SURFSIDE DRIVE - PORT HUENEME, CA Chris Roth - Principal (760) 448-2448 croth@lee-associates.com. CalBRE #01789067. John

Ventura County OverviewVentura County’s ten key cities are Camarillo, Fillmore, Moorpark, Ojai, Oxnard, Port Hueneme, Thousand Oaks, Santa Paula, Simi Valley and Ventura.

Whether starting a business, expanding a business or relocating a business, the advantages of this remarkable county are unmatched.

Access to Markets• Freeway access to Los Angeles.

• Amtrak and Metrolink service through five locations.

• International trade through the Port of Hueneme deepwater port of entry and foreign trade zone.

• Located between three commercial airports, Santa Barbara, Burbank and LAX

Good Access to Both Skilled and Unskilled Labor• A highly educated workforce with 30% of the

population has a bachelor’s degree or more.*

• 82% of the population has a high school diploma

Diverse Economic Base• Tourism and hospitality, wholesale trade and logistics,

health services and biomedical, direct international trade, agriculture, and professional and business services.

• A significant cluster of new technology activities.

Great Quality of Life• Safe – FBI rankings rate many Ventura County cities as

some of the safest cities in America (pop. >100,000)

• Education – Public K-12 schools are among the best in the state. Three community colleges, Cal State Channel Islands, and Cal Lutheran

• Climate – Some areas have more than 300 sunny days a year.

• Open Space – Permanent, natural open space combined with a healthy agriculture industry, contribute to an overall pastoral ambiance.

• Affordable – An affordable alternative to affluent areas in neighboring regions, while offering a comparable quality of life. You can live better for less in Ventura County

Page 10: 260-278 S. SURFSIDE DRIVE - PORT HUENEME, CA · 260-278 S. SURFSIDE DRIVE - PORT HUENEME, CA Chris Roth - Principal (760) 448-2448 croth@lee-associates.com. CalBRE #01789067. John

PREPARED BY:

Chris Roth - Principal (760) 448-2448

[email protected] #01789067

John Ochoa, SIOR - Principal (805) 626-1208

[email protected] #0986604

No warranty or representation is made to the accuracy of the foregoing information. Terms of sale or lease and availability are subject to change or withdrawal without notice. Any of the foregoing information will need to be separately verified by Buyer.

Lee & Associates Commercial Real Estate Services, Inc. - LA North | 1000 Town Center Drive, Suite 310, Oxnard, CA 93036

Lee & Associates Commercial Real Estate Services, Inc. - NSDC | 1900 Wright Place, Suite 200, Carlsbad, CA 92008