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.