1001 Newbury Rd
24,311 SF Vacant Office Building Thousand Oaks, CA 91320 $8,500,000 ($350/SF)
EXECUTIVE SUMMARY
Jones Lang LaSalle Brokerage, Inc. (“JLL”) is pleased to present to qualified buyers the opportunity to acquire the fee-simple interest in the former California Spine Institute Building located at 1001 Newbury Road, in Thousand Oaks, CA. This integrative medical outpatient center (“MOC”) was designed to provide efficient healthcare services while providing patients with a high-quality experience. The center houses 3 operating rooms designed for minimally invasive image-intensive surgeries, a full radiology unit with X-ray, MRI and CT rooms, 12 exam rooms, a sports medicine / physical therapy department with hydrotherapy pool, physicians and staff offices and a full administrative wing.
The property is located near the border of Ventura and Los Angeles Counties in the heart of the Conejo Valley. Its location offers ideal access to a thriving patient population with strong demographics. The center is being offered at a price significantly below replacement costs, allowing either an owner/user or investor the opportunity to acquire the asset and personalize it for a new intended use.
The property is located near the border of Ventura and Los Angeles Counties in the heart of the Conejo Valley. Its location offers ideal access to a thriving patient population with strong demographics. The center is being offered at a price significantly below replacement costs, allowing either an owner/user or investor the opportunity to acquire the asset and personalize it for a new intended use.
PROPERTY FACTS
Sale Type
Owner User
Property Type
Office
Property Subtype
Medical
Building Size
24,311 SF
Building Class
B
Year Built
2001
Price
$8,500,000
Price Per SF
$350
Percent Leased
Vacant
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
12,156 SF
Slab To Slab
12’
Building FAR
0.25
Lot Size
2.27 AC
Zoning
COPD - Commercial Planned Development
Parking
105 Spaces (4.33 Spaces per 1,000 SF Leased)
AMENITIES
- Atrium
- Controlled Access
- Courtyard
- Fenced Lot
- Fitness Center
- Pond
- Signage
- Kitchen
- Accent Lighting
- Reception
- High Ceilings
- Open-Plan
- Partitioned Offices
- Air Conditioning
- Balcony
SPACE AVAILABILITY
- SPACE
- SIZE
- SPACE USE
- CONDITION
- AVAILABLE
Amenities include physician and staff offices, consult rooms, X-Ray room, CT room, MRI room, multiple waiting rooms and lobbies, indoor pool, staff kitchen/breakroom, outdoor patio/balcony, conference room, library, server room. Equipment and furniture available separately.
| Space | Size | Space Use | Condition | Available |
| 1st Floor | 24,311 SF | Office/Medical | Partial Build-Out | Now |
1st Floor
| Size |
| 24,311 SF |
| Space Use |
| Office/Medical |
| Condition |
| Partial Build-Out |
| Available |
| Now |
1 of 2
PROPERTY TAXES
| Parcel Number | 660-0-010-790 | Improvements Assessment | $5,546,740 |
| Land Assessment | $1,593,165 | Total Assessment | $7,139,905 |
