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2380 Conejo Spectrum St 97,193 SF Vacant Office Building Thousand Oaks, CA 91320 $20,500,000 ($210.92/SF)
Investment Highlights
- 100% of the Property Immediately Available For Owner/User.
- 6-Acre Site with Ample Parking.
- Strong Location within Established Innovation Hub.
- The Property's high ceilings, strong floor load capacity, efficient floor plates, along with M-1 zoning allow for wide range of uses.
- Offered Below Replacement Cost.
- Turn-Key Improvements from 2019 Renovation.
Executive Summary
Originally built in 2001 and comprehensively renovated in 2019, the building features 16’2” slab-to-slab ceiling heights, 100-pound floor live load capacity, large rectangular floor plates, M-1 zoning, and a 4/1,000 SF parking ratio—physical attributes that support a wide range of uses including office, R&D, life science, and flex. The Property is strategically positioned within one of Greater Los Angeles’ most established life science and corporate nodes, anchored by Amgen’s 2.9-million-square-foot global headquarters and its recently announced $600+ million Center for Science and Innovation expansion. Surrounding occupiers include Takeda, Sage Publishing, Atara Bio, Sensata Technologies, Charles River Labs, and FUJIFILM Diosynth Biotechnologies, creating one of the deepest concentrations of life science and R&D talent in Southern California.
For an owner-user, the acquisition delivers compelling economics relative to leasing, while unlocking meaningful tax efficiency through bonus depreciation, long-term occupancy cost certainty, and full control over the asset. With no new office construction in the pipeline and continued removal of inventory through owner-user acquisitions and conversions, 2380 Conejo Spectrum is ideally suited for a corporate user seeking a long-term headquarters location.
Property Facts
Space Availability
- Space
- Size
- Space Use
- Build-Out
- Available
2380 Conejo Spectrum offers a rare turnkey opportunity for tenants seeking high-performance office, flex, life science, or technology space in the heart of Thousand Oaks. This two-story low-rise building features floor-to-ceiling glass, 16’2” slab-to-slab ceiling heights, and rectangular floor plates designed to support collaboration and adaptability. With pristine furniture, fixtures, and equipment (FF&E) already in place, tenants can move in immediately and benefit from a modern, efficient layout. The first floor is divisible into two pods—North and South—each with private offices, huddle rooms, and conference spaces. The North Pod supports 113 occupants with 107 furniture systems, while the South Pod accommodates 104 with 96 systems. The second floor offers an additional ±51,160 RSF of contiguous space. The building’s 4/1,000 parking ratio and easy ingress/egress enhance accessibility for teams and visitors alike. Located in Thousand Oaks, a city known for its biotech and tech cluster, the property is surrounded by a vibrant business ecosystem and offers proximity to major freeways, retail amenities, and executive housing. The site’s flexibility makes it ideal for lab conversion, tech deployment, or collaborative office use.
2380 Conejo Spectrum offers a rare turnkey opportunity for tenants seeking high-performance office, flex, life science, or technology space in the heart of Thousand Oaks. This two-story low-rise building features floor-to-ceiling glass, 16’2” slab-to-slab ceiling heights, and rectangular floor plates designed to support collaboration and adaptability. With pristine furniture, fixtures, and equipment (FF&E) already in place, tenants can move in immediately and benefit from a modern, efficient layout. The first floor is divisible into two pods—North and South—each with private offices, huddle rooms, and conference spaces. The North Pod supports 113 occupants with 107 furniture systems, while the South Pod accommodates 104 with 96 systems. The second floor offers an additional ±51,160 RSF of contiguous space. The building’s 4/1,000 parking ratio and easy ingress/egress enhance accessibility for teams and visitors alike. Located in Thousand Oaks, a city known for its biotech and tech cluster, the property is surrounded by a vibrant business ecosystem and offers proximity to major freeways, retail amenities, and executive housing. The site’s flexibility makes it ideal for lab conversion, tech deployment, or collaborative office use.
| Space | Size | Space Use | Build-Out | Available |
| 1st Floor | 46,193 SF | Office | Partial Build-Out | Now |
| 2nd Floor | 51,160 SF | Office | Partial Build-Out | Now |
1st Floor
| Size |
| 46,193 SF |
| Space Use |
| Office |
| Build-Out |
| Partial Build-Out |
| Available |
| Now |
2nd Floor
| Size |
| 51,160 SF |
| Space Use |
| Office |
| Build-Out |
| Partial Build-Out |
| Available |
| Now |
1st Floor
| Size | 46,193 SF |
| Space Use | Office |
| Build-Out | Partial Build-Out |
| Available | Now |
2380 Conejo Spectrum offers a rare turnkey opportunity for tenants seeking high-performance office, flex, life science, or technology space in the heart of Thousand Oaks. This two-story low-rise building features floor-to-ceiling glass, 16’2” slab-to-slab ceiling heights, and rectangular floor plates designed to support collaboration and adaptability. With pristine furniture, fixtures, and equipment (FF&E) already in place, tenants can move in immediately and benefit from a modern, efficient layout. The first floor is divisible into two pods—North and South—each with private offices, huddle rooms, and conference spaces. The North Pod supports 113 occupants with 107 furniture systems, while the South Pod accommodates 104 with 96 systems. The second floor offers an additional ±51,160 RSF of contiguous space. The building’s 4/1,000 parking ratio and easy ingress/egress enhance accessibility for teams and visitors alike. Located in Thousand Oaks, a city known for its biotech and tech cluster, the property is surrounded by a vibrant business ecosystem and offers proximity to major freeways, retail amenities, and executive housing. The site’s flexibility makes it ideal for lab conversion, tech deployment, or collaborative office use.
2nd Floor
| Size | 51,160 SF |
| Space Use | Office |
| Build-Out | Partial Build-Out |
| Available | Now |
2380 Conejo Spectrum offers a rare turnkey opportunity for tenants seeking high-performance office, flex, life science, or technology space in the heart of Thousand Oaks. This two-story low-rise building features floor-to-ceiling glass, 16’2” slab-to-slab ceiling heights, and rectangular floor plates designed to support collaboration and adaptability. With pristine furniture, fixtures, and equipment (FF&E) already in place, tenants can move in immediately and benefit from a modern, efficient layout. The first floor is divisible into two pods—North and South—each with private offices, huddle rooms, and conference spaces. The North Pod supports 113 occupants with 107 furniture systems, while the South Pod accommodates 104 with 96 systems. The second floor offers an additional ±51,160 RSF of contiguous space. The building’s 4/1,000 parking ratio and easy ingress/egress enhance accessibility for teams and visitors alike. Located in Thousand Oaks, a city known for its biotech and tech cluster, the property is surrounded by a vibrant business ecosystem and offers proximity to major freeways, retail amenities, and executive housing. The site’s flexibility makes it ideal for lab conversion, tech deployment, or collaborative office use.
Property Taxes
| Parcel Number | 667-0-350-015 | Improvements Assessment | $17,931,967 |
| Land Assessment | $5,131,388 | Total Assessment | $23,063,355 |
Property Taxes
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2380 Conejo Spectrum St
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