Marcus & Millichap has been selected to exclusively market for SALE or LEASE the fee simple interest in an approximate 10,000 square foot out-parcel building to the Westlake Plaza & Center located at the signalized intersections of Townsgate Road and South Westlake Boulevard, Westlake Village, CA 91361. The Property benefits from hard-corner visibility of the primary ring road and shares cross-access parking with the 263-room Hyatt Regency Hotel and the 286,000 square foot Westlake Plaza. Area retailers include Gelsons, Vons and Sprouts and wide range of specialty shops and daily needs services.
The master planned Westlake Plaza and Center draws more than 4 million business travelers and local consumers annually. The affluent area touts a primary five-mile trade area of over 112,750 residents earning over $217,104 Average Household Income.
The building is situated on a pad site that is part of the larger Westlake Plaza Center, which includes a 262 room Hyatt Regency Hotel, a four-story multi-tenant office building, and numerous other retail stores throughout the center. A single-story structural steel frame with stucco siding commercial restaurant building on a reinforced concrete slab foundation with concrete footings under perimeter walls, with a flat asphalt roof covered with Mission Spanish Tile and some hip and mansard accents.
An approximate 975 square foot basement provides dry storage space and the restaurant offers maximum seating capacity of 323 seats.