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1240 Newbury Road
Thousand Oaks, CA 91320

Price: $815,000 Zoning: C2
Bldg SF: 2,206 SF Price/SF: $369.45
Land SF: 8,000 SF Occupancy: Vacant
Year Built: 1971 Property Type: Retail
Click to View Offering MemorandumClick to Print Offering Memorandum

Exclusively Listed by:
Brandon Michaels
(818) 212-2794
bmichaels@marcusmillichap.com
License # 01434685

Address: 1240 Newbury Road, Thousand Oaks, CA 91320
Price: $815,000
Bldg SF: 2,206 SF
Land SF: 8,000 SF
Price/SF: $369.45
Occupancy:  Vacant
Property Type: Retail
Click to View Offering MemorandumClick to Print Offering Memorandum

Exclusively Listed by:
Brandon Michaels
(818) 212-2794
bmichaels@marcusmillichap.com
License # 01434685

Investment Highlights

Excellent Thousand Oaks Location

 

  •  Located directly off the Interstate 101 Ventura Freeway

 

  •  Excellent freeway access and visibility

 

  •  Excellent ingress and egress

 

  •  Direct access to the 101 and 23 freeways and neighboring cities

 

  •  Ideally located adjacent to a brand-new residential development

 

Medical Building with Excellent Parking

 

  • Rare Ventura County medical use building

 

  • Excellent Parking

 

  • Parking ratio of 4.34 parking spaces per 1000 SF

 

  • Building amenities ideally tailor towards medical use

 

  • Ideal owner-user opportunity

 

Dense Sub-Market with Affluent Demographics

 

  • Centralized Ventura County location allows for ease of access from  neighboring cities

 

  • Average Household income north of $132,000 with 20% of households north  of $200,000

 

  • Over 126,000 people in the immediate area

 

  • Home to Amgen, a multinational biopharmaceutical company that has over  20,000 employees