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386-398 Lombard St, Thousand Oaks, CA for Sale
Medical - FOR SALE
1/19
null | 5.5% Cap Rate

386-398 Lombard St
Thousand Oaks, CA 91360


HIGHLIGHTS

  • Prime Medical and Dental Location
  • 1.09 AC lot with 40 parking spaces
  • On the market for the first time in over 20 years
  • Easy management with long term tenants
  • Great for 1031 exchange / Investment
  • Medical Dental

OVERVIEW

Compass Commercial is proud to bring to market 386-398 Lombard St. On the market for the first time in over 20 years. Centrally located in Thousand Oaks, just off of Thousand Oaks Blvd and in close proximity to multiple assisted living facilities. Long term tenants consisting of medical and dental. Well maintained property. The 1.09 AC lot has 4 individual buildings and boasts approximately 8,474 SF of primely located space. The property has a total of 40 parking spots for a 5:1 parking ratio. Easy management. Tenants pay majority of cam charges, property taxes and are individually metered for electricity. Great investment opportunity for holding a medical building asset. Great for 1031 exchange clients. Easy management. Only one small dental unit currently for rent and taking application. Showings By Appointment Only — Please Contact Listing Agents.

FOR SALE DETAILS

PRICE

Request Info for Price

CAP RATE

5.5%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Medical / Dental Plaza

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1976

SPRINKLERS

-

PARKING SPACES

40

LAND DETAILS

LAND ACRES

1.09 AC

LAND SF

47,480 SF

ZONING

C2, Thousand Oaks

APN/PARCEL ID

525-0-012-285

ASK ABOUT THIS PROPERTY

Greg EngelCompass CommercialMore Info
310-728-9339

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Greg EngelCompass CommercialMore Info
310-728-9339

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