Westlake Center Medical Office

Office: Medical/Dental

3180 Willow Ln, Thousand OaksCA 91361

Property Details

Location

Address
3180 Willow Ln, Thousand OaksCA 91361
County
Ventura
Submarket
AIR - Conejo Valley
Parcels
676015033
Cross Street
Willow Ln/Hampshire Rd
Business Park
Westlake Center Medical Office

Building Size

Building Size
29,609 SF
Office Space
41,786 SF
Rentable Space
41,786 SF

Building Details

Type
 Office: Medical/Dental
Number of Buildings
1
Occupancy Type
Multi-tenant
Number of Tenants
13
Percent Occupied
100%
Building Class
B
Building Status
Existing
Floors
2
Elevators
1
Year Built
1987
Year Renovated
2019
Sprinklers
Primary Const.
Stucco
Total Parking
130
Parking Ratio
4.45:1,000

Land & Utilities

Land (Acres)
1.87 Acres
Land (SF)
81,457 SF
Zoning
C-1
Lot Depth
Lot Width

Contacts

Public Remarks

Newly remodeled medical office building. Highly desirable medical suite location. Convenient access to 101 freeway. Impressive common area lobby & modern restrooms. Diverse mix of medical practices. Abundant free surface parking.

Current Listings

3180 Willow Ln

29,609 SF$17,500,000
Cap Rate: 5.02%

The offering represents a rare opportunity to acquire a stabilized medical office building in the highly regarded Westlake Village neighborhood. No other high quality medical office building in the Westlake Village submarket has been marketed for sale in the last 15 years, with just one trading off market to an institutional buyer in 2019.

The offering represents a rare opportunity to acquire a stabilized medical office building in the highly regarded Westlake Village neighborhood. No other high quality medical office building in the Westlake Village submarket has been marketed for sale in the last 15 years, with just one trading off market to an institutional buyer in 2019.

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Space for Lease

100% leased. No current availability.

Lee & Associates

100% leased. No current availability.

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Commercial Location Score (CLS) is a scoring system developed by Moody's Analytics to help commercial real estate professionals gain a quick understanding of the major factors that affect the value of a location. It's designed as a means to consistently evaluate a location's suitability/desirability for a particular use based on a number of factors.

AIRCRE

Source: AIR CRE

More Information

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