GROUND LEASED INVESTMENT

PROPERTY SUMMARY

Harbor Landing is a 36,043 SF ground-leased coastal investment opportunity, prominently positioned along the scenic Channel Islands Harbor waterfront. Reflecting decades of pride of ownership, the property showcases attractive façades, lush landscaping, and well-maintained tenant spaces. Its high-visibility location between Ventura and Port Hueneme captures steady year-round traffic from both local residents and visitors drawn to the harbor’s active coastal lifestyle and recreation.
Anchored by a strong mix of 14 tenants—including local favorites Mrs. Olsen’s Coffee Hut, The Lookout Bar & Grill, and Harbor Market—the center combines dependable neighborhood services with destination dining that keeps the property vibrant throughout the day. The surrounding area benefits from excellent access via Victoria Avenue and Harbor Boulevard and is surrounded by boutique shopping, fishing charters, and community events that sustain a lively, year-round environment. This blend of accessibility, visibility, and experience positions Harbor Landing as one of the harbor’s premier retail destinations with long-term market resilience.
From an ownership standpoint, the property offers multiple avenues for value creation—including targeted lease-up, repositioning, or full-scale redevelopment. The Ground Lessor has demonstrated a history of flexibility and cooperation, streamlining approvals, permits, and entitlements in collaboration with local officials. This environment makes Harbor Landing especially conducive to creative investment strategies and efficient execution. With its established tenant base, prime waterfront setting, and strong public–private alignment, Harbor Landing combines stability and upside potential—an uncommon opportunity in a tightly held, high-barrier coastal market.

DEVELOPMENT POTENTIAL

Harbor Landing presents an exceptional blend of stability and opportunity. With nine years remaining on the ground lease, the Seller has positioned the next owner for a seamless lease extension with the Ground Lessor—unlocking a long-term, secure investment horizon. This transforms the acquisition into a rare, turn-key coastal opportunity with both immediate income and strategic upside. Subject to approvals, an investor can reposition or redevelop the site—re-striping parking, adding new pads, or integrating EV charging stations—to activate underutilized areas and generate sustainable new revenue streams. It’s a flexible canvas in a prime waterfront setting.

CREATE THE DESTINATION

With abundant parking, open sightlines, and a scenic waterfront backdrop, Harbor Landing is ideally suited for high-traffic, experience-driven uses that elevate its presence and value. The site can support a diverse mix of tenants—food and beverage clusters, fitness or medical users, specialty grocers, or drive-thru pads—without sacrificing flow or convenience. With thoughtful design, the property can be reimagined into a vibrant coastal hub featuring contemporary dining, entertainment, and experiential retail. Outdoor patios, event plazas, and shaded seating areas can extend dwell time, enhance synergy among tenants, and transform the center into a true community destination.

MAXIMIZE OCCUPANCY & MODERNIZE

For investors focused on near-term upside, Harbor Landing offers clear value-add potential. Below-market rents provide immediate pathways to higher returns. By leasing available suites and renewing expiring leases at market rates, ownership have potential to meaningfully boost NOI within 12 to 24 months. Strategic enhancements—façade updates, new signage, refreshed lighting—can modernize the appearance, attract quality tenants, and accelerate long-term rent growth. The result: a more dynamic, resilient asset positioned for lasting success.

Channel Islands Harbor

The Channel Islands Harbor is a large recreational harbor between Marina del Rey and San Francisco, supporting more than 2,500 vessels, four yacht clubs, and nine marinas. The surrounding communities known as Seabridge, Westport, Mandalay Bay, and Harbour Island — include nearly 800 waterfront homes, with residents who expect and sustain high-quality services, dining, and retail. For investors, this is a built-in customer base paired with steady tourism and boating traffic, making commercial properties in the harbor area uniquely positioned to capture both local and visitor demand.

The Harbor is divided into three areas (west, east and peninsula) served by separate public roads, with each area providing different services. The west side consists of marinas, a linear park, restaurants, residential development and retail businesses. The peninsula is dominated by hotel development, marinas, apartments and condominiums. The east side is primarily commercial and serves boaters by offering boat yards, a marine supply store, boat sales, law enforcement, administration and search and rescue facilities. This area of Oxnard is a combination of affluent waterfront residents, a stable working-class base, and steady tourist inflows creates a diversified demand profile not reliant on one segment alone.

City of Oxnard

Beautiful seaside Oxnard lies along the Pacific Coast of Southern California, just 62 miles northwest of downtown Los Angeles and 35 miles south of Santa Barbara. Known for its stunning beaches, thriving harbor, and relaxed coastal lifestyle, Oxnard combines the charm of a classic beach town with the strength of a growing regional economy. As the largest city in Ventura County, Oxnard boasts a diverse population of more than 200,000 residents and serves as the area’s economic and cultural hub. The city is anchored by the Port of Hueneme, the only deep-water commercial port between Los Angeles and San Francisco, which supports international trade, agriculture, and naval operations. In addition, its strong employment base, coastal amenities, and convenient location between Los Angeles and Santa Barbara, Oxnard offers a compelling environment for both residents and businesses.

Demographics and Market Base

The city of Oxnard's population is around 202,000, making it the largest city in Ventura County. The Channel Islands Beach/Silver Strand area is home to about 2,900 residents, median age mid-40s, higher household incomes than city averages, strong owner-occupancy. With nearly three-quarters of its population identifying as Hispanic or Latino, Oxnard has a young, family-oriented workforce and a broad consumer market.

Economics

Port of Hueneme: $7B+ in annual cargo, a regional driver for logistics, trade, and employment.
Major employers include Haas Automation, Kaiser Permanente, U.S. Navy and Harbor Freight Tools
Ventura County Sectors: Agriculture, Healthcare, Manufacturing, Professional/Tech Services