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Investment Highlights

  • Attractive owner/user opportunity with built-in cash flow and 101 Freeway visibility
  • Significant lease-up potential in a tightening submarket, which has observed only 1,900 square feet of new office deliveries in the past 7 years
  • Immediate access to premier amenities and hospitality such as Target, Costco, Four Seasons Hotel, and Sprouts Farmers Market
  • Strategic location with executive appeal, neighboring a slew of major tenants like Zebra Technologies and A2 Biotherapeutics
  • Exceptional local demographics drive tenant demand, with over 61% of the population within a 1-mile radius holding a college degree or higher
  • 14% occupancy gain from 4 new leases at the Property since June 2025

Executive Summary

PROPERTY WEBSITE: https://www.collierswesternregion.com/office/for-sale/the-heritage-building-agoura-hills-california/85677175/
Colliers is pleased to present the opportunity to acquire the fee simple interest in The Heritage Building at 30851 Agoura Road, a 67,331-square-foot office building in Agoura Hills, California. Currently 66% leased, the office property offers a compelling owner/user or investment opportunity in the heart of the Conejo Valley 101 Technology Corridor, with in-place cash flow supporting near-term stability and flexible vacancy, allowing for a customized corporate footprint in a premier location.

Located at the intersection of Agoura Hills and Westlake Village, the Property sits within the highly desirable Conejo Valley submarket, which has observed only 1,900 square feet of new office deliveries in the past 7 years. With vacancy at 13% and no new development on the horizon, investors can benefit from strong market fundamentals, rising demand, and constrained supply, as evidenced by the Property's 14% occupancy increase since June 2025.

Strategically positioned along the 101 Technology Corridor, this superb office destination benefits from access to a deep labor pool and proximity to over 200 innovation-driven companies in technology, life sciences, and defense. The surrounding area boasts median household incomes exceeding $150,000, top-rated public schools, and immediate access to premier amenities, including luxury hotels, retail destinations, and recreational offerings, further enhancing its appeal to businesses and employees.

With its combination of stable in-place income, strategic vacancy, and exceptional location within a high-barrier-to-entry submarket, The Heritage Building represents a rare opportunity for an investor or user to acquire a high-quality asset positioned for both immediate utility and long-term value creation.

Property Facts

Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Loft/Creative Space
Building Size
67,331 SF
Building Class
B
Year Built/Renovated
1984/2019
Price
$10,000,000
Price Per SF
$148.52
Percent Leased
43%
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
22,444 SF
Building FAR
0.50
Lot Size
3.12 AC
Zoning
BP-M-FC - Business Park – Manufacturing, Freeway Corridor (City of Agoura Hills)
Parking
185 Spaces (2.75 Spaces per 1,000 SF Leased)

Amenities

  • Atrium
  • Skylights
  • Wheelchair Accessible
  • Balcony

Space Availability

  • Space
  • Size
  • Space Use
  • Build-Out
  • Available
  • 1st Fl-Ste 101
  • 2,469 SF
  • Office
  • Full Build-Out
  • Now

Our spec suites present a contemporary and sophisticated answer to office space needs. These thoughtfully designed spaces feature exposed ceilings, floor-to-ceiling glass elements, upgraded flooring, and open-style kitchenettes, providing tenants with a modern and elegant work environment.

  • 2nd Fl-Ste 200A
  • 1,067 SF
  • Office
  • Full Build-Out
  • Now
  • 2nd Fl-Ste 201
  • 1,791 SF
  • Office
  • Full Build-Out
  • Now
  • 2nd Fl-Ste 203
  • 4,428 SF
  • Office
  • Partial Build-Out
  • Now
  • 3rd Fl-Ste 304
  • 1,680 SF
  • Office
  • -
  • Now
  • 3rd Fl-Ste 306
  • 1,627 SF
  • Office
  • Partial Build-Out
  • Now
  • 3rd Fl-Ste 308
  • 2,111 SF
  • Office
  • Partial Build-Out
  • Now
Space Size Space Use Build-Out Available
1st Fl-Ste 101 2,469 SF Office Full Build-Out Now
2nd Fl-Ste 200A 1,067 SF Office Full Build-Out Now
2nd Fl-Ste 201 1,791 SF Office Full Build-Out Now
2nd Fl-Ste 203 4,428 SF Office Partial Build-Out Now
3rd Fl-Ste 304 1,680 SF Office - Now
3rd Fl-Ste 306 1,627 SF Office Partial Build-Out Now
3rd Fl-Ste 308 2,111 SF Office Partial Build-Out Now

1st Fl-Ste 101

Size
2,469 SF
Space Use
Office
Build-Out
Full Build-Out
Available
Now

2nd Fl-Ste 200A

Size
1,067 SF
Space Use
Office
Build-Out
Full Build-Out
Available
Now

2nd Fl-Ste 201

Size
1,791 SF
Space Use
Office
Build-Out
Full Build-Out
Available
Now

2nd Fl-Ste 203

Size
4,428 SF
Space Use
Office
Build-Out
Partial Build-Out
Available
Now

3rd Fl-Ste 304

Size
1,680 SF
Space Use
Office
Build-Out
-
Available
Now

3rd Fl-Ste 306

Size
1,627 SF
Space Use
Office
Build-Out
Partial Build-Out
Available
Now

3rd Fl-Ste 308

Size
2,111 SF
Space Use
Office
Build-Out
Partial Build-Out
Available
Now

1st Fl-Ste 101

Size 2,469 SF
Space Use Office
Build-Out Full Build-Out
Available Now

Our spec suites present a contemporary and sophisticated answer to office space needs. These thoughtfully designed spaces feature exposed ceilings, floor-to-ceiling glass elements, upgraded flooring, and open-style kitchenettes, providing tenants with a modern and elegant work environment.

Fairly walkable
40/100
Exceptionally drivable
100/100
Fairly bikeable
50/100

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • 2061-001-018
  • 2061-001-016
Land Assessment
$5,199,919
Improvements Assessment
$4,881,556
Total Assessment
$10,081,475
  • Listing ID: 36174357

  • Date on Market: 6/9/2025

  • Last Updated:

  • Address: 30851 Agoura Rd, Agoura Hills, CA 91301

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