Thousand Oaks, CA
Commercial Real Estate Market Trends & Data

Thousand Oaks's Demographic Profile

Thousand Oaks has 45,305 households and a median income of $121,988, providing context for rent absorption and tenant demand across retail and multifamily assets. A -1% five-year population trend is a key signal for evaluating long-term demand in this market.

Key Demographic Metric Value
Population 123,934
# Households 45,305
Median age 45
Median household income $121,988
Avg household size 3.0
Renter-occupied housing units 13,821
5-year population change -1%

{{marketTabHeadings[activeMarketTab]}} Market Metrics Near Thousand Oaks, CA

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Nearby Office Markets Avg Cost/SF Typical Size Cap Max
Thousand Oaks $417 15,027 SF 4.62%
Newbury Park $621 12,597 SF 4.62%
Camarillo $306 21,403 SF 5.40%
Agoura Hills $509 16,816 SF 6.11%
Nearby Retail Markets Avg Cost/SF Typical Size
Thousand Oaks $436 24,238 SF
Santa Rosa Valley $329 16,730 SF
Newbury Park $359 40,313 SF
Camarillo $650 9,674 SF
Oak Park $323 74,381 SF
Nearby Multifamily Markets Avg Cost/SF Typical Size Cap Max
Thousand Oaks $515 8,933 SF 5.30%
Malibu $1,246 2,773 SF 6.81%
Simi Valley $632 8,808 SF 4.38%
West Hills $304 114,220 SF 6.18%
Canoga Park $387 52,400 SF 6.18%

Commercial Properties For Sale in Thousand Oaks

The listings below reflect how current market pricing and building scale translate into active opportunities available today.
For Sale

Oak Manor Apartments

Thousand Oaks, CA 91362

  • 14,665 SF Multifamily
  • 5.30% Cap Rate
  • $6,450,000
For Sale

Bldg 22

Newbury Park, CA 91320

  • 2,813 SF Office Building
  • $1,262,037
For Sale

5707 Corsa Ave

Westlake Village, CA 91362

  • 22,068 SF Office Building
  • $6,995,000
For Sale

950 Hampshire Rd

Westlake Village, CA 91361

  • 15,529 SF Office Building
  • $7,150,000
For Sale

1865 El Monte Dr

Thousand Oaks, CA 91362

  • 3,200 SF Multifamily
  • $1,950,000
For Sale

4330 Park Terrace Dr

Westlake Village, CA 91361

  • 62,282 SF Flex Building
  • $6,995,000

Average Price For Sale

↻ Updated Monthly

Average Price For Lease

↻ Updated Monthly

Number of Listings

↻ Updated Monthly

Cap Rate

↻ Updated Monthly

Nearby Commercial Markets

Comparing nearby markets helps investors see whether Thousand Oaks pricing and building scale sit above, below, or in line with surrounding areas.

Commercial Markets Avg Cost/SF Average Size
Thousand Oaks $524 20,679 SF
Westlake Village $595 16,262 SF
Santa Rosa Valley $329 16,730 SF
Newbury Park $593 25,029 SF
Camarillo $406 15,885 SF

Regional Demographic Comparison

This comparison places Thousand Oaks alongside nearby cities to show how population size, household counts, and income levels differ across the region. Viewing these markets side by side helps investors understand whether local demand and income characteristics are concentrated in Thousand Oaks or distributed across surrounding areas.

City Population # Households Age Median Household Income Avg Household Size Renter Occupied Housing Units Five Yr Pop Growth %
Thousand Oaks 123,934 45,305 45 $121,988 3 13,821 -1%
Westlake Village 7,655 3,082 53 $176,184 2 568 -3%
Santa Rosa Valley 3,187 1,073 52 $167,338 3 104 -4%
Newbury Park 42,610 14,756 44 $134,623 3 3,623 -2%
Camarillo 70,010 26,248 43 $109,569 3 9,048 -1%

Disclaimer: The figures on this page reflect LoopNet's active commercial listings in Thousand Oaks, CA and update as inventory changes. Averages can shift between periods or vary across property types depending on the mix of listings available at a given time, so individual metrics may not reflect broader market trends. These figures are best used as directional benchmarks for early market evaluation. For comprehensive commercial real estate data and analytics, subscribe to CoStar.

FAQs About Commercial Investing in Thousand Oaks

View All Commercial Real Estate For Sale in Thousand Oaks
Is Thousand Oaks a good market for a first-time commercial real estate investor?

Thousand Oaks offers commercial properties across a wide range of sizes and price points. By reviewing the market data and benchmarks on this page, first-time investors can better understand what a typical commercial property looks like before committing capital and narrowing in on specific listings.

How can this market data help me decide whether to buy commercial property for my business in Thousand Oaks?

The pricing and size metrics on this page help business owners compare the cost of ownership against leasing in Thousand Oaks. Typical building sizes and asking prices provide a starting point for evaluating space needs, budget fit, and long term occupancy costs before engaging lenders or brokers.

What should conservative investors focus on when evaluating commercial properties in Thousand Oaks?

Conservative investors often prioritize manageable deal sizes, stable pricing ranges, and cap rate benchmarks shown for Thousand Oaks. These metrics help assess whether current market conditions support steady income potential without relying on aggressive assumptions.

How does Thousand Oaks compare to nearby commercial real estate markets?

Nearby market comparisons highlight differences in pricing, building scale, and cap rate ranges relative to Thousand Oaks. Reviewing these side by side helps experienced investors identify relative value, pricing premiums, or alternative markets that may better align with return targets.

How can this page support early-stage deal screening for Thousand Oaks acquisitions?

This page provides high-level benchmarks for pricing, deal size, and observed cap rates in Thousand Oaks, which are useful for initial market filtering. Institutional and data-driven investors often use these signals to prioritize listings that meet size, pricing, and return thresholds before deeper underwriting.