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$500K PRICE REDUCTION 3615 Old Conejo Rd 23,919 SF Industrial Building Newbury Park, CA 91320 $6,000,000 ($250.85/SF)
Investment Highlights
- 23,919 SF single story industrial building on a 1.16 AC lot in Newbury Park's Conejo Business Park, zoned M1 for light manufacturing in Thousand Oaks.
- Remaining 6,831 SF is leased to gymnastics training tenant (through 12/2028 @ $15.00/SF IG) generating income that can offset acquisition costs.
- Infrastructure supports flexible use: 19 FT clear ceilings, 2 grade-level/drive-in doors, 600-amp 3-phase power suited to manufacturing, distribution.
- Roughly 17,088 square feet delivers vacant at close of escrow, letting an owner-user occupy immediately without waiting out an existing lease.
- Positioned inside a gated, master-planned business park off the 101 Freeway, with daily traffic near 137,000 vehicles, strong signage visibility.
- Built in 2002 (Class B), with parking at 2.63 spaces per 1,000 SF, skylights, a breakroom, reception area, and monument signage on Old Conejo Road.
Executive Summary
3615 Old Conejo Rd is a 23,919 SF industrial building for sale in Newbury Park, California (Ventura County), priced at $6,000,000 ($250.85/SF). Built in 2002 and zoned M1 for light manufacturing under the City of Thousand Oaks, the single-story property sits on a 1.16 AC lot within a gated, master-planned business park just off the 101 Freeway, one of the primary commuter and freight corridors through the Conejo Valley.
The building offers a hybrid opportunity for owner-users and investors. Approximately 17,088 SF will be vacant at close of escrow for immediate occupancy, while the remaining 6,831 SF is under lease to a gymnastics training center through 12/2028, providing income that can offset carrying costs during a transition to owner use. On-site features include 19 FT clear ceilings, 2 grade-level drive-in doors, 600-amp 3-phase power, skylights, a breakroom, reception area, and monument signage — infrastructure suited to light manufacturing, distribution, laboratory, or corporate headquarters use.
Newbury Park is part of the broader Thousand Oaks/Conejo Valley industrial submarket in Ventura County, home to established manufacturing, biotech, and distribution users seeking 101 Freeway access and proximity to the San Fernando Valley and greater Los Angeles markets.
The building offers a hybrid opportunity for owner-users and investors. Approximately 17,088 SF will be vacant at close of escrow for immediate occupancy, while the remaining 6,831 SF is under lease to a gymnastics training center through 12/2028, providing income that can offset carrying costs during a transition to owner use. On-site features include 19 FT clear ceilings, 2 grade-level drive-in doors, 600-amp 3-phase power, skylights, a breakroom, reception area, and monument signage — infrastructure suited to light manufacturing, distribution, laboratory, or corporate headquarters use.
Newbury Park is part of the broader Thousand Oaks/Conejo Valley industrial submarket in Ventura County, home to established manufacturing, biotech, and distribution users seeking 101 Freeway access and proximity to the San Fernando Valley and greater Los Angeles markets.
Property Facts
Amenities
- 24 Hour Access
- Conferencing Facility
- Security System
- Signage
- Skylights
- Reception
- Storage Space
- Monument Signage
- Breakroom
Utilities
- Lighting - Metal Halide
- Gas
- Water
- Sewer
- Heating
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
- yelena doraschenko
- Transportation and Warehousing
- 6,831 SF
- $15.00
- Industrial Gross
- Dec 2028
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
| yelena doraschenko | Transportation and Warehousing | 6,831 SF | $15.00 | Industrial Gross | Dec 2028 |
1 1
Somewhat walkable
30/100
Exceptionally drivable
100/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | 235-0-260-065 | Improvements Assessment | $4,711,763 |
| Land Assessment | $1,867,726 | Total Assessment | $6,579,489 |
Property Taxes
Parcel Number
235-0-260-065
Land Assessment
$1,867,726
Improvements Assessment
$4,711,763
Total Assessment
$6,579,489
Contacts
-
Bentley McKean, CCIM -
Josh Cunningham -
Jeffrey Crocker -
Erica Binns -
Kidder Mathews
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$500K PRICE REDUCTION | 3615 Old Conejo Rd
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