310-363-4906
1 Dole Dr, Westlake Village, CA for Sale
Office - FOR SALE
1/36
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1 Dole Dr
Westlake Village, CA 91362


HIGHLIGHTS

  • Owner-User Opportunity: Currently, 46% of the Property is leased, with 96,233 SF immediately available for an owner-user.
  • Secure Campus Environment: Campus-like atmosphere with landscaped outdoor spaces and large, efficient floor plates.
  • Recent Renovation: Property boasts best-in-class features (a result of Ownership's $2.5M investment since 2018)
  • Ample Parking: 358 Stalls (including 158 subterranean stalls)
  • Executive Location: Westlake Village is a highly sought-after location in northwest Los Angeles County, situated amidst affluent communities.
  • Flexible Zoning: The Building is zoned BP–Business Park (R&D allowed), permitting outpatient medical uses.

OVERVIEW

CBRE Capital Markets, as exclusive advisor, is pleased to present the opportunity to acquire One Dole Drive, a three-story, Class-A office building located in Westlake Village, CA - a prestigious and highly sought-after location in northwest Los Angeles County. Originally constructed in 1999 as the prior owner's corporate headquarters, the Property offers flexibility with a short-term leaseback option to facilitate a smooth transition. Currently, 46% of the Property is leased, with 96,233 SF immediately available for an owner-user. Portions of the first and third floors are move-in ready, providing options for immediate occupancy ranging from 984 RSF to 21,284 SF. The Building's layout allows for a clear path to full building utilization as needed. For those seeking a smaller footprint, the in-place leaseback income, combined with the potential to lease out the remaining space, offers a compelling investment opportunity. As part of a planned development that includes the adjacent Four Seasons Hotel, the Property boasts best-in-class features within a unique, expansive land-rich site with ample parking (358 spaces). The Building offers a secure, campus-like atmosphere with landscaped outdoor spaces and large, efficient floor plates, creating a comfortable and productive work environment. The Property is being offered on a fee simple basis, free and clear of any existing debt.

FOR SALE DETAILS

PRICE

Request Info for Price

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY NAME

One Dole Drive

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

3

BUILDING CLASS

A

YEAR BUILT

1999

SPRINKLERS

-

PARKING SPACES

358

LAND DETAILS

LAND ACRES

10.26 AC

LAND SF

446,926 SF

ZONING

BP - Business Park

APN/PARCEL ID

2054-032-081

ASK ABOUT THIS PROPERTY

310-363-4906

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310-363-4906

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