29209 Canwood St - Office FOR SALE


Agoura Hills, CA 91301- South End
$2,500,000 USD
310-283-8058
29209 Canwood St, Agoura Hills, CA for Sale
$2,500,000 USD
Office - FOR SALE
1/20
null | Request Cap Rate

29209 Canwood St
Agoura Hills, CA 91301
South End


HIGHLIGHTS

  • Class “A” office property on hillside setting offering spectacular views, 25% leased to Novastor
  • Owner-User opportunity - Attractive pricing creates chance to own vs leasing
  • Priced at 75% below replacement cost
  • 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
  • Convenient access to Ventura (101) Freeway via Kanan Road and Close proximity to abundant amenities including retail, hotels and banking
  • Numerous affordable and executive housing options in immediate area

OVERVIEW

*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

FOR SALE DETAILS

PRICE

$2,500,000 USD

PRICE/SF

$117 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

ON GROUND LEASE

Yes

BUILDING DETAILS

PROPERTY NAME

Seller Motivated

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

A

YEAR BUILT

2008

SPRINKLERS

-

PARKING SPACES

74

LAND DETAILS

LAND ACRES

1.77 AC

LAND SF

77,101 SF

ZONING

BP-OR-FC

APN/PARCEL ID

2053-001-804

ASK ABOUT THIS PROPERTY

JoAnn HoreniCorion EnterprisesMore Info
310-283-8058

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JoAnn HoreniCorion EnterprisesMore Info
310-283-8058

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.