Price Reduced! | 29209 Canwood St
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Price Reduced! 29209 Canwood St
21,436 SF 25% Leased Office Building Agoura Hills, CA 91301 $2,500,000 ($117/SF)
Investment Highlights
- Class “A” office property on hillside setting offering spectacular views, 25% leased to Novastor
- Priced at 75% below replacement cost
- Convenient access to Ventura (101) Freeway via Kanan Road and Close proximity to abundant amenities including retail, hotels and banking
- Owner-User opportunity - Attractive pricing creates chance to own vs leasing
- Strong area demographics - 5-mile trade area is supported by a population of over 73,000 with a median household income of over $141,343
- Numerous affordable and executive housing options in immediate area
Executive Summary
*Price Reduced!!!*
$2,500,000 ($116.62 psf)
Beautiful 21,436 sf Office on 41 year Leasehold
*Seller motivated!!!*
The property, which is offered at a purchase price that is significantly below replacement cost, presents a terrific opportunity for an owner-user to acquire a premier office property and immediately occupy up to approximately 16,076 rentable square feet. Current and potential rental income offers an attractive offset to occupancy expenses. Nestled within the vibrant City of Agoura Hills, part of the Conejo Valley region renowned for its exceptional demographics and advantageous municipal tax policies (including the absence of gross receipts tax), this office building presents a prestigious office environment. The area boasts top-tier educational institutions, abundant open spaces, and prestigious master-planned communities, ensuring an exceptional quality of life for its residents.
Strategically positioned with immediate access to the Ventura (101) freeway via Kanan Road—serving approximately 179,000 vehicles daily—the property affords seamless connectivity to neighboring markets such as Westlake Village, Thousand Oaks, Calabasas, San Fernando Valley, and Malibu. Its central location also places a myriad of dining, retail, and entertainment options within close reach, creating an ideal live-work-play setting for prospective owner-users.
Qualified buyers can benefit from attractive financing options (75%-85% LTC) tailored to facilitate this acquisition opportunity. For those seeking to elevate their investment portfolio or secure a prime location for their business operations, 29209 Canwood Street stands as an embodiment of strategic positioning and enduring value in the dynamic Agoura Hills market.
Leasehold - 41 Years
Municipal Code Use Table: https://library.municode.com/ca/agoura_hills/codes/code_of_ordinances?nodeId=ARTIXZO_CH3CODI_PT2COUSTA
Parking Allocation table: https://library.municode.com/ca/agoura_hills/codes/code_of_ordinances?nodeId=ARTIXZO_CH6REPR_PT2SPRE_DIV4OREPALOLA_9654.6PAAL.
Contacts:
JoAnn Horeni
Associate Vice President Director, Corion Enterprises
(310) 283-8058 (p) | (312) 209-0203 (m)
jhoreni@corionenterprises.com
Fred Cordova
CEO, Founder, Corion Enterprises
(310) 283-8058 (p) | (818) 679-7879 (m)
fcordova@corionenterprises.com
$2,500,000 ($116.62 psf)
Beautiful 21,436 sf Office on 41 year Leasehold
*Seller motivated!!!*
The property, which is offered at a purchase price that is significantly below replacement cost, presents a terrific opportunity for an owner-user to acquire a premier office property and immediately occupy up to approximately 16,076 rentable square feet. Current and potential rental income offers an attractive offset to occupancy expenses. Nestled within the vibrant City of Agoura Hills, part of the Conejo Valley region renowned for its exceptional demographics and advantageous municipal tax policies (including the absence of gross receipts tax), this office building presents a prestigious office environment. The area boasts top-tier educational institutions, abundant open spaces, and prestigious master-planned communities, ensuring an exceptional quality of life for its residents.
Strategically positioned with immediate access to the Ventura (101) freeway via Kanan Road—serving approximately 179,000 vehicles daily—the property affords seamless connectivity to neighboring markets such as Westlake Village, Thousand Oaks, Calabasas, San Fernando Valley, and Malibu. Its central location also places a myriad of dining, retail, and entertainment options within close reach, creating an ideal live-work-play setting for prospective owner-users.
Qualified buyers can benefit from attractive financing options (75%-85% LTC) tailored to facilitate this acquisition opportunity. For those seeking to elevate their investment portfolio or secure a prime location for their business operations, 29209 Canwood Street stands as an embodiment of strategic positioning and enduring value in the dynamic Agoura Hills market.
Leasehold - 41 Years
Municipal Code Use Table: https://library.municode.com/ca/agoura_hills/codes/code_of_ordinances?nodeId=ARTIXZO_CH3CODI_PT2COUSTA
Parking Allocation table: https://library.municode.com/ca/agoura_hills/codes/code_of_ordinances?nodeId=ARTIXZO_CH6REPR_PT2SPRE_DIV4OREPALOLA_9654.6PAAL.
Contacts:
JoAnn Horeni
Associate Vice President Director, Corion Enterprises
(310) 283-8058 (p) | (312) 209-0203 (m)
jhoreni@corionenterprises.com
Fred Cordova
CEO, Founder, Corion Enterprises
(310) 283-8058 (p) | (818) 679-7879 (m)
fcordova@corionenterprises.com
Data Room Click Here to Access
- Offering Memorandum
Property Facts
Sale Type
Investment or Owner User
Sale Condition
Ground Lease (Leasehold)
Property Type
Office
Building Size
21,436 SF
Building Class
A
Year Built
2008
Price
$2,500,000
Price Per SF
$117
Percent Leased
25%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
10,718 SF
Slab To Slab
12’
Building FAR
0.28
Lot Size
1.77 AC
Zoning
BP-OR-FC - Business Park - Office Retail - Freeway Corridor
Parking
74 Spaces (3.45 Spaces per 1,000 SF Leased)
MAJOR TENANTS Click Here to Access
- Tenant
- Industry
- SF OCCUPIED
- RENT/SF
- Lease Type
- Lease End
-
- Information
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| Tenant | Industry | SF OCCUPIED | RENT/SF | Lease Type | Lease End | |
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Price Reduced! | 29209 Canwood St
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