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1323 Newbury Rd 12,700 SF 100% Leased Office Building Newbury Park, CA 91320 $3,600,000 ($283.46/SF) 3.38% Cap Rate
Executive Summary
Prime location in Newbury Park with easy access to the 101 Freeway with adjacent on and off ramps.
location is ideal for a charging station for additional income with the proximity to 101 Freeway retail and hospitality properties.
Owner-User Opportunity currently 68.5%leased with 3,992 square feet available.
This location is adjacent to Thousand Oaks in a highly sought after area with safe and affluent communities.
Close to a variety of retail and hospitably amenities
location is ideal for a charging station for additional income with the proximity to 101 Freeway retail and hospitality properties.
Owner-User Opportunity currently 68.5%leased with 3,992 square feet available.
This location is adjacent to Thousand Oaks in a highly sought after area with safe and affluent communities.
Close to a variety of retail and hospitably amenities
Property Facts
Sale Type
Investment
Sale Condition
High Vacancy Property
Property Type
Office
Building Size
12,700 SF
Building Class
B
Year Built
1982
Price
$3,600,000
Price Per SF
$283.46
Cap Rate
3.38%
NOI
$121,819
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
6,350 SF
Slab To Slab
11’
Building FAR
0.22
Lot Size
1.34 AC
Zoning
C2 - "Commercial - C1.5 Uses; Retail w/ Limited Manufacturing, Service Stations and Garages, Retail Contr. Business, Churches, Schools, Auto Sales, R4 Uses
Parking
56 Spaces (4.41 Spaces per 1,000 SF Leased)
Amenities
- Signage
- Balcony
1 1
Walk Score®
Very Walkable (74)
Property Taxes
| Parcel Number | 660-0-010-720 | Improvements Assessment | $584,156 |
| Land Assessment | $755,857 | Total Assessment | $1,340,013 |
Property Taxes
Parcel Number
660-0-010-720
Land Assessment
$755,857
Improvements Assessment
$584,156
Total Assessment
$1,340,013
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Presented by
Dimeo Realty & Investment Co.
1323 Newbury Rd
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