4330 Park Terrace Dr - Flex FOR SALE


Westlake Village, CA 91361
$6,995,000 USD
213-446-7543
4330 Park Terrace Dr, Westlake Village, CA for Sale
$6,995,000 USD
Flex - FOR SALE
1/20
null | Request Cap Rate

4330 Park Terrace Dr
Westlake Village, CA 91361


HIGHLIGHTS

  • Two-Story Elevator-Served Flex Building w/ 2,000amps Power + Ground Level Loading
  • Short Term Income
  • Strategic Freeway Access - 101 (Ventura) Freeway
  • High-end Amenities

OVERVIEW

The Offering CBRE, Inc., as exclusive advisor, is pleased to present the opportunity to acquire a 62,282-square-foot, two-story elevator-served flex building with 2,000 amps and ground- level loading. Located at 4330 Park Terrace Drive (the “Building” or “Property”) in Westlake Village, CA, the Property is situated on a scenic 3.27-acre parcel within a desirable corporate campus setting. The fee simple interest in the Property is being offered on an “as-is, where-is” basis, free and clear of any existing financing. Investment Highlights * Short Term Income | The current credit tenant has vacated the building but is still paying approximately $125,000 per month in net rent through its lease expiration of February 28, 2027, offsetting a portion of the buyer's total cost. * Two ground-level loading door positions on a land-rich site with ample parking | Large 3.27-acre lot with 199 parking spaces. * Strategic freeway access | Situated on the 101 (Ventura) Freeway corridor for convenient transportation and visibility. * High-end amenities | Close proximity to upscale shopping centers, prestigious hotels, and renowned golf courses, including the Shoppes at Westlake Village, Four Seasons Hotel, Westlake Golf Course, North Ranch Country Club, and Sherwood Country Club. * Corporate hub | Nestled within a prestigious business environment with established companies like Farmers Insurance, J.D. Power, Bank of America, UBS, Frontier Aerospace, and General Motors nearby.

FOR SALE DETAILS

PRICE

$6,995,000 USD

PRICE/SF

$112 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY TYPE

Flex

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1989

UTILITIES

Lighting, Gas, Water - City, Sewer - City

CLEAR CEILING HT

-

DOCKS

-

DRIVE INS

1

PARKING SPACES

199

LAND DETAILS

LAND ACRES

3.27

LAND SF

142,245

ZONING

BP

APN/PARCEL ID

2057-022-010

ASK ABOUT THIS PROPERTY

Mark ShafferCBRE, Inc.More Info
213-446-7543

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Mark ShafferCBRE, Inc.More Info
213-446-7543

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