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500K Price Reduction 3615 Old Conejo Rd 23,919 SF 100% Leased Industrial Building Newbury Park, CA 91320 $6,000,000 ($250.85/SF)
Investment Highlights
- 17,088 square feet of immediate vacancy at the close of escrow, allowing a buyer to move their operations in right away
- Positioned just off the 101 Freeway giving the facility excellent exposure to 137K passing vehicles.
- High image industrial building within a master-planned and gated business park
- Features a stable sublease with a gymnastics training center for 6,831 square feet, generating consistent monthly revenue
- Designed to support high-intensity operations, the facility is equipped with a massive 600-amp, 3-phase power system
Executive Summary
Kidder Mathews is pleased to present for sale 3615 Old Conejo Rd, a versatile high image industrial building within a master-planned business park along the 101 Freeway.
This versatile acquisition presents a unique hybrid opportunity for an investor or business owner looking to establish a major regional footprint. The 23,919-square-foot facility offers approximately 17,088 square feet of immediate vacancy at the close of escrow, allowing a buyer to move their operations in right away.
Meanwhile, the remaining square footage provides a reliable income stream via a tenant lease that runs through end of 2028, effectively subsidizing the cost of ownership while the new owner builds equity in a high-value asset.
The property’s true strength lies in its ability to pivot between vastly different industrial needs. This flexibility ensures that the building remains a “future-proof” investment, capable of serving as a sophisticated corporate headquarters, a specialized biotech laboratory, or a high-efficiency distribution warehouse.
This versatile acquisition presents a unique hybrid opportunity for an investor or business owner looking to establish a major regional footprint. The 23,919-square-foot facility offers approximately 17,088 square feet of immediate vacancy at the close of escrow, allowing a buyer to move their operations in right away.
Meanwhile, the remaining square footage provides a reliable income stream via a tenant lease that runs through end of 2028, effectively subsidizing the cost of ownership while the new owner builds equity in a high-value asset.
The property’s true strength lies in its ability to pivot between vastly different industrial needs. This flexibility ensures that the building remains a “future-proof” investment, capable of serving as a sophisticated corporate headquarters, a specialized biotech laboratory, or a high-efficiency distribution warehouse.
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 | $4,619,376 |
| Land Assessment | $1,831,104 | Total Assessment | $6,450,480 |
Property Taxes
Parcel Number
235-0-260-065
Land Assessment
$1,831,104
Improvements Assessment
$4,619,376
Total Assessment
$6,450,480
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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