386-398 Lombard St - Medical FOR SALE


Thousand Oaks, CA 91360- Downtown Thousand Oaks
$3,500,000 USD
909-239-9104
386-398 Lombard St, Thousand Oaks, CA for Sale
$3,500,000 USD
Medical - FOR SALE
1/19
null | 6.06% Cap Rate

386-398 Lombard St
Thousand Oaks, CA 91360
Downtown Thousand Oaks


HIGHLIGHTS

  • Prime Medical and Dental Location
  • 1.09 AC lot with 40 parking spaces
  • On the market for the first time in over 20 years
  • Easy management with long term tenants
  • Great for 1031 exchange / Investment
  • Medical Dental

OVERVIEW

So Cal Commercial Group is pleased to present 386–398 Lombard St. to the market — offered for the first time in over 20 years. Centrally located in the heart of Thousand Oaks, just off Thousand Oaks Boulevard and near multiple assisted living communities, this well-maintained medical and dental office complex offers an exceptional investment opportunity. Situated on a 1.09-acre lot, the property features four freestanding buildings totaling approximately 8,474 SF. The site includes 40 surface parking spaces, offering an excellent 5:1 parking ratio — ideal for medical use. The tenant mix consists of long-term medical and dental professionals. The property is easy to manage, with tenants responsible for the majority of CAM charges and property taxes. Each unit is separately metered for electricity. This is a rare chance to acquire a stable, income-generating medical asset in a prime location — ideal for investors, 1031 exchange buyers, or those seeking a long-term hold. Currently, only one small dental suite is available for lease and accepting applications. Showings By Appointment Only — Please Contact Listing Agents.

FOR SALE DETAILS

PRICE

$3,500,000 USD

PRICE/SF

$413 USD /SF

CAP RATE

6.06%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Medical / Dental Plaza

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1976

SPRINKLERS

-

PARKING SPACES

40

LAND DETAILS

LAND ACRES

1.09 AC

LAND SF

47,480 SF

ZONING

C2, Thousand Oaks

APN/PARCEL ID

525-0-012-285

ASK ABOUT THIS PROPERTY

Greg EngelThe AgencyMore Info
909-239-9104

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Greg EngelThe AgencyMore Info
909-239-9104

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