3615 Old Conejo Rd - Manufacturing FOR SALE


Newbury Park, CA 91320
$6,000,000 USD
805-626-7120
3615 Old Conejo Rd, Newbury Park, CA for Sale
$6,000,000 USD
Manufacturing - FOR SALE
1/21
null | Request Cap Rate

3615 Old Conejo Rd
Newbury Park, CA 91320


HIGHLIGHTS

  • 23,919 SF single story industrial building on a 1.16 AC lot in Newbury Park's Conejo Business Park, zoned M1 for light manufacturing in Thousand Oaks.
  • Roughly 17,088 square feet delivers vacant at close of escrow, letting an owner-user occupy immediately without waiting out an existing lease.
  • Remaining 6,831 SF is leased to gymnastics training tenant (through 12/2028 @ $15.00/SF IG) generating income that can offset acquisition costs.
  • Positioned inside a gated, master-planned business park off the 101 Freeway, with daily traffic near 137,000 vehicles, strong signage visibility.
  • Infrastructure supports flexible use: 19 FT clear ceilings, 2 grade-level/drive-in doors, 600-amp 3-phase power suited to manufacturing, distribution.
  • Built in 2002 (Class B), with parking at 2.63 spaces per 1,000 SF, skylights, a breakroom, reception area, and monument signage on Old Conejo Road.

OVERVIEW

3615 Old Conejo Rd is a 23,919 SF industrial building for sale in Newbury Park, California (Ventura County), priced at $6,000,000 ($250.85/SF). Built in 2002 and zoned M1 for light manufacturing under the City of Thousand Oaks, the single-story property sits on a 1.16 AC lot within a gated, master-planned business park just off the 101 Freeway, one of the primary commuter and freight corridors through the Conejo Valley. The building offers a hybrid opportunity for owner-users and investors. Approximately 17,088 SF will be vacant at close of escrow for immediate occupancy, while the remaining 6,831 SF is under lease to a gymnastics training center through 12/2028, providing income that can offset carrying costs during a transition to owner use. On-site features include 19 FT clear ceilings, 2 grade-level drive-in doors, 600-amp 3-phase power, skylights, a breakroom, reception area, and monument signage — infrastructure suited to light manufacturing, distribution, laboratory, or corporate headquarters use. Newbury Park is part of the broader Thousand Oaks/Conejo Valley industrial submarket in Ventura County, home to established manufacturing, biotech, and distribution users seeking 101 Freeway access and proximity to the San Fernando Valley and greater Los Angeles markets.

FOR SALE DETAILS

PRICE

$6,000,000 USD

PRICE/SF

$251 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

$500K PRICE REDUCTION

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Manufacturing

ADD'L SUBTYPES

undefined, Distribution, Warehouse

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2002

UTILITIES

Lighting - Metal Halide, Gas, Water, Sewer, Heating

CLEAR CEILING HT

19 Ft

DOCKS

-

DRIVE INS

2

PARKING SPACES

63

LAND DETAILS

LAND ACRES

1.16

LAND SF

50,530

ZONING

M1 Thousand Oaks

APN/PARCEL ID

235-0-260-065

ASK ABOUT THIS PROPERTY

Bentley McKean, CCIMKidder MathewsMore Info
805-626-7120

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Bentley McKean, CCIMKidder MathewsMore Info
805-626-7120

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