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Value Add Showroom Retail 101 Fwy Accessible 28610 Canwood St

30,891 SF Retail Building Agoura Hills, CA 91301 $8,500,000 ($275/SF)

Investment Highlights

  • Versatile Retail Use Building Totaling 30,891 Square Feet Situated Upon 76,842 Square Feet of Land
  • SBA 504 Financing Available, Downpayment of 10-15% with NEW SBA Incentives
  • Potential for 250 Linear Feet of Billboard-like Signage Visible from the 101 Freeway Over 178,000 Cars Per Day
  • High Ceilings (19-25 FT), Extensive Electrical Capacity (2,400 + Amps), Ample Parking, an Elevator, Warehouse and Office Space with a Variety of Uses
  • Convenient access off the 101 N Freeway Off Highly Used Kanan Road Exit & Over 30,000 Cars Per Day at Canwood & Kanan
  • Highly Desirable Retail Use in High Barrier to Entry Market of Agoura Hills

Executive Summary

The Ovaness-Rostamian Group of Marcus & Millichap is pleased to present a rare opportunity to acquire a prime owner/user retail building located in the city of Agoura Hills, CA. The subject property, 28610 Canwood Street offers a prime location, situated just off the 101 North Freeway and comprises of 30,891 square feet of building and 76,482 square feet of land.
The property is equipped with 1st floor retail showroom, warehouse/storage space, 2 restrooms, high ceilings, and a 2nd floor office space with 6 suites, reception area, lunchroom and 2 restrooms and 42 parking spaces. Utilities to the site include water, sewer and electricity (+2,400 amps). The property is paved in concrete, exterior walls are painted stucco and decorative stone trim, arches and columns and suspended LED lights throughout the showroom.
Zoning on the site is Commercial Retail Service-Freeway Corridor (CRS-FC), contact listing agent for more information. Property will be delivered vacant giving new ownership the ability to reposition and/or occupy the subject property. An Owner/User can obtain Small Business Administration (SBA) financing. Effectively, it may be more economical to own the building rather than to lease space considering the low-down payment needed (10-15%) coupled with potential tax advantages of real estate ownership.
The subject property greatly benefits being located just off 101 N Freeway with direct visibility (178,000 VPD). In addition, the subject property is near multiple consumer destinations such as Ralphs, CVS, Trader Joes, Vons, Tesla and more. Along with the retail and industrial synergies around the site, the location also benefits from an above average household income of $197,981 and nearly 70,000 people in a 5-mile radius.

Property Facts Under Contract

Sale Type
Owner User
Sale Condition
1031 Exchange
Property Type
Retail
Property Subtype
Freestanding
Building Size
30,891 SF
Building Class
B
Year Built
2000
Price
$8,500,000
Price Per SF
$275
Tenancy
Single
Building Height
2 Stories
Loading Docks
2 Exterior
Building FAR
0.41
Lot Size
1.72 AC
Zoning
AH CRS-FC - Tenant to Verify
Parking
50 Spaces (1.62 Spaces per 1,000 SF Leased)
Frontage
300 FT on US-101 Fwy

Amenities

  • 24 Hour Access
  • Freeway Visibility
  • Signage
  • Tenant Controlled HVAC
  • Drive Thru
  • Monument Signage
  • Air Conditioning

Space Availability

  • Space
  • Size
  • Space Use
  • Position
  • Available
  • 28610
  • 30,891 SF
  • Retail
  • Outparcel
  • 30 Days

Building Total GLA - 30,891 SF Ground Floor - 25,951 SF Second Floor - 4,940 SF Lot Size - 1.72 Acres

Space Size Space Use Position Available
28610 30,891 SF Retail Outparcel 30 Days

28610

Size
30,891 SF
Space Use
Retail
Position
Outparcel
Available
30 Days

28610

Size 30,891 SF
Space Use Retail
Position Outparcel
Available 30 Days

Building Total GLA - 30,891 SF Ground Floor - 25,951 SF Second Floor - 4,940 SF Lot Size - 1.72 Acres

Nearby Major Retailers

Precision Crossfit
Hardcore Fitness
Trader Joe's
Urbane Cafe-agoura Hills
The Habit Burger Grill
IHOP
Bank of America
U.S. Bank
Starbucks
Vons

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
2048-012-016
Land Assessment
$1,318,488
Improvements Assessment
$2,814,264
Total Assessment
$4,132,752
  • Listing ID: 32659713

  • Date on Market: 8/1/2024

  • Last Updated:

  • Address: 28610 Canwood St, Agoura Hills, CA 91301

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