31111 Agoura Rd - Office FOR SALE


Westlake Village, CA 91361
$12,500,000 USD
213-446-7543
31111 Agoura Rd, Westlake Village, CA for Sale
$12,500,000 USD
Office - FOR SALE
1/15
null | Request Cap Rate

31111 Agoura Rd
Westlake Village, CA 91361


HIGHLIGHTS

  • HIGH IMAGE FREEWAY VISIBLE OWNER/USER OPPORTUNITY - WESTLAKE VILLAGE, CA

OVERVIEW

INVESTMENT HIGHLIGHTS HIGH IMAGE FREEWAY VISIBLE OWNER/USER OPPORTUNITY - WESTLAKE VILLAGE, CA * High Image Two-Story Surface Parked Office Building | Ability to accommodate an owner/user up to 41,306 RSF (64.5% of the building) | Multitenant corridors allow for flexibility to expand and contract | Freeway visible along Ventura (101) FWY, with approximately 350K vehicles passing each day and prominent monument signage on Agoura Road. * Flexible Zoning Allows for Outpatient Medical Uses | Ample surface parking allows for the ability to convert up to approximately 90% of the building area to outpatient medical | Outpatient medical rents are approximately 75% higher than office rents. * Professionally managed and maintained with recent improvements including lobby, landscaping and roof replacement totaling over $450K. HIGHLY DESIRABLE CONEJO VALLEY MARKET * Home to some of the highest per capita incomes in the state and is one of the nation’s finest master-planned executive housing communities. * Over 540,000 people reside in Westlake Village, Thousand Oaks, Agoura Hills, Camarillo, Moorpark and Calabasas. The average household income for Westlake Village is $234,701, almost 2x higher than the Los Angeles County average. ESTABLISHED LIFE SCIENCE COMMUNITY * The Conejo Valley is a growing biotech hub only 10- 15 years behind the hubs in Boston and San Francisco Bay Area. * Home to 34.4% of Los Angeles' life science workforce with over 60 Life Science companies operating businesses in the Conejo Valley inclusive of: Amgen, Takeda, FujiFilm Diosynth, A2 Bio and Capsida Biotherapeutics. PREMIER WESTLAKE VILLAGE LOCATION * Located in the heart of Westlake Village’s central business district, neighboring the Shoppes at Westlake, Westlake Plaza, and the Four Seasons Westlake. * Immediate access to the surrounding affluent communities of Thousand Oaks, Agoura Hills and Calabasas via the 101 (Ventura) Freeway which provides regional connectivity to the Greater Los Angeles region and Ventura County.

FOR SALE DETAILS

PRICE

$12,500,000 USD

PRICE/SF

$195 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

West Bldg

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

A

YEAR BUILT

2001

SPRINKLERS

-

PARKING SPACES

200

LAND DETAILS

LAND ACRES

4.04 AC

LAND SF

175,982 SF

ZONING

M1

APN/PARCEL ID

2057-001-030

ASK ABOUT THIS PROPERTY

Mark ShafferCBRE, Inc.More Info
213-446-7543

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Mark ShafferCBRE, Inc.More Info
213-446-7543

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