For Sale
$14,710,585

29219 Canwood StAgoura Hills, CA 91301

Class A Office Campus: Prime Agoura Hills Location

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional investment opportunity presents the chance to acquire the fee simple interest in the Canwood Corporate Center, a two-building Class A office campus situated in Agoura Hills, California. The property, located at 29219-29229 Canwood Street, encompasses a total of 94,907 square feet, with 47,454 square feet of net rentable space. Currently vacant, this property offers significant upside potential for owner-users or value-add investors. Built in 2001, the two-story complex sits on a 6.31-acre lot and boasts ample parking (3.5 spaces per 1,000 sq ft). The asking price is $14,710,585, translating to $155 per square foot. The property is zoned AH-C3 and features convenient access to the Ventura (101) freeway, providing easy commutes to Thousand Oaks, Westlake Village, Calabasas, Malibu, and greater Los Angeles. The Agoura Hills location offers a strong demographic profile and benefits from a business-friendly environment, free from Los Angeles' gross receipts tax. This prime location, coupled with the current market demand for suburban office space, makes this a compelling investment opportunity. The property's APN is 2053-001-027: 2053-001-026. The property is currently 18% occupied.

Highlights

  • Excellent freeway access via the Ventura (101) Freeway to Thousand Oaks, Westlake Village, Calabasas, Malibu, and greater Los Angeles.
  • Convenient location with nearby amenities and shopping.
  • Strong demographics and high-quality housing in the area.
  • Class A office campus in a business-friendly city, avoiding Los Angeles gross receipts tax.
  • Class A suburban office park offering significant upside potential; core Conejo Valley asset available at a discount.

Property Details for 29219 Canwood St

Property type
Retail properties, Office properties
Square Feet
94,907 SF
Class
A
Year Built
2001
Stories
2
Lot Size (sq. ft)
274,864 SF

Location Insight

City
Agoura Hills
County
Los Angeles
State
California
Latitude
34.1482892
Longitude
-118.7623388
29219 Canwood St, Agoura Hills, California

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29219 Canwood St
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