Camarillo Premium Outlets

The Promenade Restaurant Pads

Attached for your review is information on restaurant locations available at the most successful retail center in Ventura County, California. 
Construction is complete on the Camarillo Promenade immediately adjacent to the  Camarillo Premium Outlets.  We currently have restaurant/retail pads available facing Ventura Boulevard / Highway 101.
This center is located adjacent to the top tourist shopping attraction in Ventura County.and the top retail draw within this coastal area of the 101 Freeway corridor. 
Nearly 100,000 people reside within a 3 mile radius with over 494,000 people within coastal cities trade area of Camarillo , Oxnard and Ventura.
Additionally, over 150,000 cars pass by this site on the 101 Freeway on an average
daily basis.  The immediate west Camarillo area, with over one million square feet retail space within a ½ mile radius, has a high concentration of highly successful retail tenants which should compliment the success of the new restaurants.  Additional generators of restaurant traffic include the Camarillo Airport , Pt. Mugu Naval Air Station and the strong technology based work force of the community.
Please take a moment to review the attached information and give us a call with any questions.

FREE STANDING RESTAURANT Pads FOR LEASE/SALE 

at
The Camarillo Promenade

Ventura Blvd (101 Fwy) at Las Posas Road
Major Signalized Intersection
Adjacent to Camarillo Premium Outlets
and Edwards Cinemas

Mario Facione
Center Commercial Realty Advisors
79 Daily Drive, #214
Camarillo, CA 93010
888-507-7311
Ph. 805-384-1055, fax 805-293-8603
admin@centercommercial.com
mario@centercommercial.com

Preference is for sit-down restaurants but we have retail/financial proposals.  City also prefers sit-downs but retail is permitted subject to CUP from the City.  Pad C is currently set for a 10,500 SF sit-down restaurant and Pad D is tentatively a build-to-suit for 2 national co-restaurant users.

Camarillo Premium Outlets website:

http://www.premiumoutlets.com/outlets/outlet.asp?id=20

Ground Leases

Asking Rent

Years 1- 5 -        $150,000

Years 5-10-        $168,750

Sales

Since ground leases are difficult to finance at this time, we are offering the improved pads (with parking, lighting and utilities to building pad) for sale at a price of $200 per square foot of building footprint (i.e. $1,500,000 for 7500SF restaurant building)
In addition to Property Taxes and Insurance, Tenant /Buyer to pay $1700 per month as a fixed CAM expense. CAM charges will increase 5% every calendar year.
Tenant/Buyer will be responsible for all construction within the “Premises” including building exterior prototypical architectural elements, patio, building lighting, outside walk-in cooler/dumpster pad and screening wall and perimeter landscaping.  Landlord agrees to construct all parking facilities, landscaping in common area, and adequate lighting necessary for Tenant/Buyer to open for business.