3249 Old Conejo Rd - Medical FOR SALE


Newbury Park, CA 91320
$2,131,995 USD
805-217-0791
3249 Old Conejo Rd, Newbury Park, CA for Sale
$2,131,995 USD
Medical - FOR SALE
1/7
null | Request Cap Rate

3249 Old Conejo Rd
Newbury Park, CA 91320


OVERVIEW

Most Office or Medical uses allowed at this building but buyer to verify it's use with city to make sure. Over standard costly interior improvements of hundreds of thousands of dollars including lots of glass, cabinets and large gourmet kitchen with appliances. In today's inflated dollars these improvements would probably cost about twice as much causing this building to be worth more. HOA fee currently $836 per month and includes the following common area costs: Parking, landscaping, insurance, trash, sidewalks, lighting, pest control, property management, etc. Plenty of extra overflow parking but CoStar shows 19 spaces are allocated to the building at a minimum but buyer to verify. Building to be delivered vacant as current tenant will vacate with the applicable lease terminating February 28, 2026. It is possible that this tenant might renew their lease but their option to renew has expired so that would be between the new buyer and this tenant to work out. Current main tenant is in the elderly health care industry. Building is currently configured into two spaces, one of about 3,593 RSF and the other about 1,198 RSF. Seller also has a plan that shows how to configure existing building into 3 spaces if a buyer desires to see it. Building currently being measured by seller's architect so square footage subject to change but probably won't change by much but building is sold on a sf basis so any change will affect the asking price. Do not contact tenants onsite or enter into building without approval from David Massie of DJM Commercial RE first. Tenant will not show potential buyers the space without going through David Massie. Listing will be updated with photos and brochures and any other applicable information soon unless the property goes into escrow beforehand.

FOR SALE DETAILS

PRICE

$2,131,995 USD

PRICE/SF

$445 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Building 15

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

2008

SPRINKLERS

-

PARKING SPACES

23

LAND DETAILS

LAND ACRES

0.11 AC

LAND SF

4,584 SF

ZONING

C2

APN/PARCEL ID

668-0-360-135

ASK ABOUT THIS PROPERTY

David MassieDJM Commercial Real EstateMore Info
805-217-0791

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David MassieDJM Commercial Real EstateMore Info
805-217-0791

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