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Bldg 24 3175 Old Conejo Rd
6,523 SF 84% Leased Office Building Thousand Oaks, CA 91320 £1,955,343 (£300/SF) 4.50% Net Initial Yield
Investment Highlights
- Freeway access (101)
- 2 story with elevator
- All tenants are current.
- Great parking
- Newer roof
- Property is in great condition, pride of ownership property.
Executive Summary
Financial Summary (Pro forma - 2023) |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
£112,673
|
£17.27
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
£112,673
|
£17.27
|
| Taxes |
£17,996
|
£2.76
|
| Operating Expenses |
£6,651
|
£1.02
|
| Total Expenses |
£24,647
|
£3.78
|
| Net Operating Income |
£88,026
|
£13.49
|
Financial Summary (Pro forma - 2023)
| Gross Rental Income | |
|---|---|
| Annual | £112,673 |
| Annual Per SF | £17.27 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | £112,673 |
| Annual Per SF | £17.27 |
| Taxes | |
|---|---|
| Annual | £17,996 |
| Annual Per SF | £2.76 |
| Operating Expenses | |
|---|---|
| Annual | £6,651 |
| Annual Per SF | £1.02 |
| Total Expenses | |
|---|---|
| Annual | £24,647 |
| Annual Per SF | £3.78 |
| Net Operating Income | |
|---|---|
| Annual | £88,026 |
| Annual Per SF | £13.49 |
Property Facts
Amenities
- 24 Hour Access
- Courtyard
- Security System
- Central Heating
- Natural Light
- Air Conditioning
About 3175 Old Conejo Rd , Thousand Oaks, CA 91320
2 Story office building. Elevator. Individually metered electric. Separate HVAC in each office suite. Great location, just off the 101 Freeway. Light and bright. Plenty of parking. 100% occupied, but a second floor unit can be delivered vacant to an owner/user.(approx.664 sq ft). Call for updated availability. Newly zoned to allow medical use,will permit TI's.
Space Availability
- Space
- Size
- Space Use
- Condition
- Available
3 private offices plus reception area. second floor, corner office. Floor to ceiling windows. Great location Newly zoned to allow medical use,will permit TI's.
| Space | Size | Space Use | Condition | Available |
| 2nd Fl-Ste 202 | 1,058 SF | Office/Medical | Full Build-Out | Now |
2nd Fl-Ste 202
| Size |
| 1,058 SF |
| Space Use |
| Office/Medical |
| Condition |
| Full Build-Out |
| Available |
| Now |
2nd Fl-Ste 202
| Size | 1,058 SF |
| Space Use | Office/Medical |
| Condition | Full Build-Out |
| Available | Now |
3 private offices plus reception area. second floor, corner office. Floor to ceiling windows. Great location Newly zoned to allow medical use,will permit TI's.
PROPERTY TAXES
| Parcel Number | 668-0-370-015 | Total Assessment | £1,111,600 |
| Land Assessment | £444,641 | Annual Taxes | £17,996 (£2.76/sf) |
| Improvements Assessment | £666,960 | Tax Year | 2023 |
PROPERTY TAXES
Presented by
Bldg 24 | 3175 Old Conejo Rd
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