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Cedar Valley Logo

31200 Cedar Valley Drive
Westlake Village, CA 91362

Price: $8,500,000 Bldg SF: 31,173 SF
Price/SF: $273 Land SF: 57,063 SF
CAP Rate: 5.90% Property Type: Office
Year Built: 1981 Zoning: WVM1
Click to View Offering MemorandumClick to Print Offering Memorandum

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

Price: $8,500,000
Price/SF: $273
CAP Rate: 5.90%
Bldg SF: 31,173 SF
Land SF: 57,063 SF
Year Built: 1981
Property Type: Flex
Zoning:  WVM1
Click to View Offering MemorandumClick to Print Offering Memorandum

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

Investment Highlights

IRREPLACEABLE WESTLAKE VILLAGE LOCATION

  • Located directly across from the Four Seasons Hotel and
    the Corporate Headquarters for Dole Food Company
  • High-end and affluent sub-market
  • Home to high-end retailers, restaurants, large commercial
    offices and company headquarters, world class hotels, and
    multi-million dollar homes
  • Central location adjacent to the Interstate 101 Ventura
    Freeway

PREMIER FLEX BUILDING IN HIGHLY-DESIRABLE
SUBMARKET

  • 31,173 square foot flex building on the corner of Cedar Valley
    Drive and Via Rocas
  • 57,063 square feet of land
  • Unique mix of office and warehouse/storage space
  • 22 foot clear ceiling heights at the lowest point
  • 912 (170 watt) solar panels
  • Two Loading Docks

UNIQUE OWNER-USER OPPORTUNITY

  • Ideal corporate headquarters or flagship company location
  • Current tenant will vacate premises in 2019
  • Commands a presence within the immediate sub-market
  • Architecturally pleasing building with extensive window
    lines and surrounding landscape

STRONG IMMEDIATE DEMOGRAPHICS

  • Average household income of over $116,000
  • Over 65,000 people within a 3 mile radius
  • Home to a wide range of athletes, celebrities, and
    professionals