New Pricing 29209 Canwood St 21,436 SF Vacant Office Building Agoura Hills, CA 91301 $3,008,873 CAD ($140.37 CAD/SF)

New Pricing
$2,175,000 ($101.46 / RSF)
Beautiful 21,436 sf Office on 41 year Leasehold
*Seller motivated!!!*
The property, which is offered at a purchase price that is significantly below replacement cost, presents a terrific opportunity for an owner-user to acquire a premier office property with immediate occupy. Potential rental income offers an attractive offset to occupancy expenses. Nestled within the vibrant City of Agoura Hills, part of the Conejo Valley region renowned for its exceptional demographics and advantageous municipal tax policies (including the absence of gross receipts tax), this office building presents a prestigious office environment. The area boasts top-tier educational institutions, abundant open spaces, and prestigious master-planned communities, ensuring an exceptional quality of life for its residents.
Strategically positioned with immediate access to the Ventura (101) freeway via Kanan Road—serving approximately 179,000 vehicles daily—the property affords seamless connectivity to neighboring markets such as Westlake Village, Thousand Oaks, Calabasas, San Fernando Valley, and Malibu. Its central location also places a myriad of dining, retail, and entertainment options within close reach, creating an ideal live-work-play setting for prospective owner-users.
Qualified buyers can benefit from attractive financing options (75%-85% LTC) tailored to facilitate this acquisition opportunity. For those seeking to elevate their investment portfolio or secure a prime location for their business operations, 29209 Canwood Street stands as an embodiment of strategic positioning and enduring value in the dynamic Agoura Hills market.
\\\ Pros to Buying a Leasehold Property ///
~ Tax Depreciation: Buildings (leasehold improvements) can be depreciated; land can’t
~ Cash Flow: Less capital locked up in dirt, more for improvements/operations
~ Reduced Upfront Capital: Cheaper entry point since you’re not paying for land
~ Prime Locations: Access to exclusive locations, typically institutional or government-controlled land that isn’t sold fee simple
Questions? We have your answers, please ask.

Municipal Code Use Table: https://library.municode.com/ca/agoura_hills/codes/code_of_ordinances?nodeId=ARTIXZO_CH3CODI_PT2COUSTA
Parking Allocation table: https://library.municode.com/ca/agoura_hills/codes/code_of_ordinances?nodeId=ARTIXZO_CH6REPR_PT2SPRE_DIV4OREPALOLA_9654.6PAAL.

Contacts:
JoAnn Horeni
Associate Vice President Director, Corion Enterprises
(310) 283-8058 (p) | (312) 209-0203 (m)
jhoreni@corionenterprises.com
Fred Cordova
CEO, Founder, Corion Enterprises
(310) 283-8058 (p) | (818) 679-7879 (m)
fcordova@corionenterprises.com