Glossy Quick-Serve in Renovated Mall in Burgeoning Oxnard Area

This glossy counter-service restaurant with great light fixtures was fully built out only one year ago. The well lit, open and airy space seats 44 comfortably inside its 2000 sq ft with another 200 sq ft out front for seating 10 more. The Type 41 beer and wine license works well in the Oxnard area which is so close to Santa Barbara and Central Coast wineries. There is very little restaurant competition (only a pizza place, a Mexican restaurant, and a coffee shop) in this property's shopping mall location just off Hwy 101. The mall was recently renovated and offers plenty of parking. A new anchor has just signed a 16,000 sq ft retail space. Several major corporations and 2 hotels are located across the street and around the mall within walking distance offering great potential for lunch business(especially catering). Two more nearby medical and dental buildings will be completed by fall.
Monthly rent is $4511.25 with $601.50 NNN which includes normal common area charges as well as water and trash. Owner has mentioned that landlord is willing to work with the buyer on the rent. The open kitchen, lighted menu board and vivid paint colors lend themselves to a quick-serve style and lunch-driven menu. The concept could be healthy food considering the hospital nearby as well as the satellite University campus located within the mall. The mall�s hours, the extended stay hotel and the continue education offered by the University to adult students allow for dinner service as well. The addition of upscale furniture and screening behind the counter could transform this casual space into an elegant wine bar. The possibilities are endless.
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Demographics

Population	1-mi.	3-mi.	5-mi
2014 Total Population	46,345	135,122	185,069
Households	1-mi.	3-mi.	5-mi
2010 Number Of Households	11,654	37,061	56,189
2010 Persons Per Household	3.57	3.49	3.16
Median House Value	$357,200	$367,116	$389,646
Income Per Household	$65,432	$63,625	$65,067
Businesses	1-mi.	3-mi.	5-mi
2009 Number Of Businesses	702	2,586	4,989
2012 Number Of Employees	21,864	78,526	145,424
2012 Total Annual Payroll	$415,138,000	$1,551,045,000	$2,958,086,000

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