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155 Wilbur Rd 8,503 SF Office Building Thousand Oaks, CA 91360 $3,400,000 ($399.86/SF)
Investment Highlights
- Freestanding building with street identity.
Executive Summary
Unique opportunity to purchase a small, professional office building that is 100% occupied by the current owner.
The current owner-occupant will lease-back the entire building for an extended term or move-out to allow for an owner/user opportunity. Currently paying above market rent of $2.90 PSF with low expenses.
PROPERTY UPGRADES:
New carpet throughout
New HVAC ducting throughout
Rewired entire office space for network compatibility
Added ten (10) new offices
Resealed / restriped parking lot
Repaired parking lot lights and front sign
The current owner-occupant will lease-back the entire building for an extended term or move-out to allow for an owner/user opportunity. Currently paying above market rent of $2.90 PSF with low expenses.
PROPERTY UPGRADES:
New carpet throughout
New HVAC ducting throughout
Rewired entire office space for network compatibility
Added ten (10) new offices
Resealed / restriped parking lot
Repaired parking lot lights and front sign
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Medical
Building Size
8,503 SF
Building Class
B
Year Built
1989
Price
$3,400,000
Price Per SF
$399.86
Tenancy
Single
Building Height
2 Stories
Typical Floor Size
4,252 SF
Building FAR
0.39
Lot Size
0.50 AC
Zoning
C2, Thousand Oaks
Parking
24 Spaces (2.82 Spaces per 1,000 SF Leased)
Amenities
- 24 Hour Access
- Signage
- Skylights
- Monument Signage
- Outdoor Seating
- Air Conditioning
- Balcony
- Fiber Optic Internet
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Walk Score®
Very Walkable (80)
Property Taxes
| Parcel Number | 669-0-010-305 | Improvements Assessment | $1,530,000 |
| Land Assessment | $670,000 | Total Assessment | $2,200,000 |
Property Taxes
Parcel Number
669-0-010-305
Land Assessment
$670,000
Improvements Assessment
$1,530,000
Total Assessment
$2,200,000
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155 Wilbur Rd
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