28610 Canwood St - Freestanding FOR SALE


Agoura Hills, CA 91301
$8,500,000 USD
213-943-1822
28610 Canwood St, Agoura Hills, CA for Sale
$8,500,000 USD
Freestanding - FOR SALE
1/9
null | Request Cap Rate

28610 Canwood St
Agoura Hills, CA 91301


HIGHLIGHTS

  • Versatile Retail Use Building Totaling 30,891 Square Feet Situated Upon 76,842 Square Feet of Land
  • High Ceilings (19-25 FT), Extensive Electrical Capacity (2,400 + Amps), Ample Parking, an Elevator, Warehouse and Office Space with a Variety of Uses
  • SBA 504 Financing Available, Downpayment of 10-15% with NEW SBA Incentives
  • Convenient access off the 101 N Freeway Off Highly Used Kanan Road Exit & Over 30,000 Cars Per Day at Canwood & Kanan
  • Potential for 250 Linear Feet of Billboard-like Signage Visible from the 101 Freeway Over 178,000 Cars Per Day
  • Highly Desirable Retail Use in High Barrier to Entry Market of Agoura Hills

OVERVIEW

The Ovaness-Rostamian Group of Marcus & Millichap is pleased to present a rare opportunity to acquire a prime owner/user retail building located in the city of Agoura Hills, CA. The subject property, 28610 Canwood Street offers a prime location, situated just off the 101 North Freeway and comprises of 30,891 square feet of building and 76,482 square feet of land. The property is equipped with 1st floor retail showroom, warehouse/storage space, 2 restrooms, high ceilings, and a 2nd floor office space with 6 suites, reception area, lunchroom and 2 restrooms and 42 parking spaces. Utilities to the site include water, sewer and electricity (+2,400 amps). The property is paved in concrete, exterior walls are painted stucco and decorative stone trim, arches and columns and suspended LED lights throughout the showroom. Zoning on the site is Commercial Retail Service-Freeway Corridor (CRS-FC), contact listing agent for more information. Property will be delivered vacant giving new ownership the ability to reposition and/or occupy the subject property. An Owner/User can obtain Small Business Administration (SBA) financing. Effectively, it may be more economical to own the building rather than to lease space considering the low-down payment needed (10-15%) coupled with potential tax advantages of real estate ownership. The subject property greatly benefits being located just off 101 N Freeway with direct visibility (178,000 VPD). In addition, the subject property is near multiple consumer destinations such as Ralphs, CVS, Trader Joes, Vons, Tesla and more. Along with the retail and industrial synergies around the site, the location also benefits from an above average household income of $197,981 and nearly 70,000 people in a 5-mile radius.

FOR SALE DETAILS

PRICE

$8,500,000 USD

PRICE/SF

$275 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY NAME

Value Add Showroom Retail 101 Fwy Accessible

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

undefined, Storefront, Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

2000

SPRINKLERS

-

PARKING SPACES

50

LAND DETAILS

LAND ACRES

1.72 AC

LAND SF

74,923 SF

ZONING

AH CRS-FC

APN/PARCEL ID

2048-012-016

ASK ABOUT THIS PROPERTY

Orbell OvanessMarcus & MillichapMore Info
213-943-1822

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Orbell OvanessMarcus & MillichapMore Info
213-943-1822

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.