Erringer Plaza

Erringer Plaza 1716-1776 Erringer Rd
Simi Valley, CA 93065

  • $5,750,000

    Sale Price

  • $185

    Sale Price PSF

  • 10/25/2021

    Closing Date

  • 79%

    Occupancy

  • Office

    Property Type

  • 31,134

    Square Feet

Sale Summary

Address

  • 1716-1776 Erringer Rd
    Simi Valley, CA 93065

Sale Details

  • Sale Price$5,750,000
  • Sale Price PSF$185
  • Closing Date10/25/2021

Sale Description

Newmark is pleased to have represented the seller in the successful disposition of Erringer Plaza, a 31,134-square-foot, two-building retail and office center in Simi Valley, California. The value add opportunity had approximately 10% below market rents and a weighted average tenancy of 13.3 years.

Address

  • 1716-1776 Erringer Rd
    CA 93065

Sale Details

  • Sale Price$5,750,000
  • Sale Price PSF$185
  • Closing Date10/25/2021