College Park Shopping Center

Colliers is proud to offer for sale College Park Shopping Center, a ±53,321-square-foot neighborhood retail asset positioned on 5.27 acres at 4751–4815 South Rose Avenue in Oxnard, California. The center benefits from placement at a prominent signalized intersection along South Rose Avenue and East Pleasant Valley Boulevard, capturing strong visibility with traffic volumes exceeding 32,000 cars per day within Ventura County’s highly active Oxnard submarket. College Park Shopping Center is supported by a well-established roster of tenants that cater to the daily needs of the surrounding residential base. The property is anchored by Island Pacific Supermarket, representing approximately 44% of the gross leasable area, and Dollar Tree, which accounts for roughly 29%, together comprising 73% of the center’s occupancy. Island Pacific Supermarket is a Walnut, California–based Filipino and Asian grocery operator with 17 locations throughout California and Nevada. The brand is known for its specialty offerings, including fresh seafood, meats, produce, and culturally focused grocery items tailored

to Filipino and Asian communities. The center offers ample parking with 342 stalls, equating to a ratio of 6.41 spaces per 1,000 square feet. Its layout provides excellent access and exposure, featuring approximately 495 feet of frontage on East 4 Gross Leasable Area 53,321 SF $ Per SF $309.44 Year Built 1973 Pleasant Valley Boulevard and 300 feet along South Rose Avenue. Given the size of the parcel and its designation within an Opportunity Zone, the site offers the potential to add up to ±10,000 square feet of additional retail development, presenting a value-add component for investors. Situated just 0.6 miles from Oxnard College, a public community college offering a wide array of degree and certification programs, the center is embedded within a densely populated residential area: 1-mile radius: 8,886 households | 42,058 residents. 3-mile radius: 62,543 households | 171,639 residents The property is located approximately 3.5 miles from Naval Base Ventura County at Port Hueneme, the region’s largest employer with over 19,000 personnel, and roughly 7.5 miles from U.S. Highway 101, providing convenient regional connectivity. The center is home to 14 tenants offering a variety of essential retail and service-oriented uses, including a salon, laundromat, bakery, liquor store, and shoe retailer. Excluding the anchor tenants, the average suite size is approximately ±1,655 square feet, allowing for flexible leasing opportunities and reduced costs associated with tenant turnover.

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