For Sale
$2,600,000

29209 Canwood StAgoura Hills, CA 91301

Class A office building, owner-user opportunity, excellent location.

Overview

Added:
Dec 11, 2024
Days on market:
115
This exceptional Class A office building, located at 29209 Canwood St, Agoura Hills, CA 91301, presents a compelling owner-user opportunity. The 21,436 square foot property, built in 2008, is currently offered at $2,600,000 ($121.29/sq ft), significantly below replacement cost. This represents a substantial savings for a business seeking to own its space rather than lease. The building boasts a hillside setting with spectacular views and is partially leased to Novastar. Situated in the desirable Conejo Valley, Agoura Hills offers exceptional demographics, with a 5-mile radius boasting a population exceeding 73,000 and a median household income over $141,343. The property benefits from advantageous municipal tax policies, including the absence of gross receipts tax. Its strategic location provides immediate access to the Ventura (101) Freeway via Kanan Road, ensuring seamless connectivity to Westlake Village, Thousand Oaks, Calabasas, the San Fernando Valley, and Malibu. The area also offers a wealth of dining, retail, and entertainment options, creating a desirable live-work-play environment. Attractive financing options (75%-85% LTC) are available for qualified buyers. This presents a rare chance to acquire a premier office property in a thriving location. Approximately 16,076 rentable square feet are available for immediate occupancy. Current and potential rental income provides an attractive offset to occupancy expenses.

Highlights

  • Class A office building with hillside views, 25% leased to Novastor.
  • Owner-user opportunity with attractive pricing.
  • Offered at 75% below replacement cost.
  • Strong demographics: 73,000+ population within a 5-mile radius, $141,343+ median household income.
  • Convenient access to the Ventura (101) Freeway via Kanan Road, near retail, hotels, and banks.
  • Abundant nearby housing options for employees.

Property Details for 29209 Canwood St

Property type
Office properties
Square Feet
21,436 SF
Class
A
Year Built
2008

Location Insight

City
Agoura Hills
County
Los Angeles
State
California
Latitude
34.148477
Longitude
-118.7613095
29209 Canwood St, Agoura Hills, California

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29209 Canwood St
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