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4330 Park Terrace Dr 62,282 SF Flex Building Westlake Village, CA 91361 $9,538,802 CAD ($153.16 CAD/SF)
Investment Highlights
- Two-Story Elevator-Served Flex Building w/ 2,000amps Power + Ground Level Loading
- Strategic Freeway Access - 101 (Ventura) Freeway
- Short Term Income
- High-end Amenities
Executive Summary
The Offering
CBRE, Inc., as exclusive advisor, is pleased to present the opportunity to acquire a 62,282-square-foot, two-story elevator-served flex building with 2,000 amps and ground- level loading. Located at 4330 Park Terrace Drive (the “Building” or “Property”) in Westlake Village, CA, the Property is situated on a scenic 3.27-acre parcel within a desirable corporate campus setting.
The fee simple interest in the Property is being offered on an “as-is, where-is” basis, free and clear of any existing financing.
Investment Highlights
* Short Term Income | The current credit tenant has vacated the building but is still paying approximately $125,000 per month in net rent through its lease expiration of February 28, 2027, offsetting a portion of the buyer's total cost.
* Two ground-level loading door positions on a land-rich site with ample parking | Large 3.27-acre lot with 199 parking spaces.
* Strategic freeway access | Situated on the 101 (Ventura) Freeway corridor for convenient transportation and visibility.
* High-end amenities | Close proximity to upscale shopping centers, prestigious hotels, and renowned golf courses, including the Shoppes at Westlake Village, Four Seasons Hotel, Westlake Golf Course, North Ranch Country Club, and Sherwood Country Club.
* Corporate hub | Nestled within a prestigious business environment with established companies like Farmers Insurance, J.D. Power, Bank of America, UBS, Frontier Aerospace, and General Motors nearby.
CBRE, Inc., as exclusive advisor, is pleased to present the opportunity to acquire a 62,282-square-foot, two-story elevator-served flex building with 2,000 amps and ground- level loading. Located at 4330 Park Terrace Drive (the “Building” or “Property”) in Westlake Village, CA, the Property is situated on a scenic 3.27-acre parcel within a desirable corporate campus setting.
The fee simple interest in the Property is being offered on an “as-is, where-is” basis, free and clear of any existing financing.
Investment Highlights
* Short Term Income | The current credit tenant has vacated the building but is still paying approximately $125,000 per month in net rent through its lease expiration of February 28, 2027, offsetting a portion of the buyer's total cost.
* Two ground-level loading door positions on a land-rich site with ample parking | Large 3.27-acre lot with 199 parking spaces.
* Strategic freeway access | Situated on the 101 (Ventura) Freeway corridor for convenient transportation and visibility.
* High-end amenities | Close proximity to upscale shopping centers, prestigious hotels, and renowned golf courses, including the Shoppes at Westlake Village, Four Seasons Hotel, Westlake Golf Course, North Ranch Country Club, and Sherwood Country Club.
* Corporate hub | Nestled within a prestigious business environment with established companies like Farmers Insurance, J.D. Power, Bank of America, UBS, Frontier Aerospace, and General Motors nearby.
Property Facts
| Price | $9,538,802 CAD | Rentable Building Area | 62,282 SF |
| Price Per SF | $153.16 CAD | No. Stories | 2 |
| Sale Type | Owner User | Year Built | 1989 |
| Property Type | Flex | Tenancy | Single |
| Building Class | B | Parking Ratio | 3.2/1,000 SF |
| Lot Size | 3.27 AC | No. Drive In / Grade-Level Doors | 1 |
| Zoning | BP - Permitted: Office, R&D, warehouse, light industrial, retail and commercial services, medical outpatient, and outdoor storage for commercial uses. | ||
| Price | $9,538,802 CAD |
| Price Per SF | $153.16 CAD |
| Sale Type | Owner User |
| Property Type | Flex |
| Building Class | B |
| Lot Size | 3.27 AC |
| Rentable Building Area | 62,282 SF |
| No. Stories | 2 |
| Year Built | 1989 |
| Tenancy | Single |
| Parking Ratio | 3.2/1,000 SF |
| No. Drive In / Grade-Level Doors | 1 |
| Zoning | BP - Permitted: Office, R&D, warehouse, light industrial, retail and commercial services, medical outpatient, and outdoor storage for commercial uses. |
Amenities
- 24 Hour Access
- Conferencing Facility
- Security System
- Signage
- Air Conditioning
Utilities
- Lighting
- Gas
- Water - City
- Sewer - City
Fairly walkable
50/100
Exceptionally drivable
100/100
Minimal public transit
10/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 2057-022-010 | Improvements Assessment | $14,085,533 CAD |
| Land Assessment | $10,445,451 CAD | Total Assessment | $24,530,984 CAD |
Property Taxes
Parcel Number
2057-022-010
Land Assessment
$10,445,451 CAD
Improvements Assessment
$14,085,533 CAD
Total Assessment
$24,530,984 CAD
Contacts
-
Mark Shaffer -
Gerard Poutier -
Grant Goldman -
Sean Sullivan -
Tom Dwyer -
CBRE, Inc.
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4330 Park Terrace Dr
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