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    Westlake Village Flex Building Opportunity Title is generated by Realmo AI

    4553 La Tienda Rd, Westlake Village, CA

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    Vacant flex building in Westlake Village for sale.

    Type:OFFICE
    Property size:
    113,122 SF
    Lot size:
    9.18 Acres
    Price / SF:
    $249/SF
    Added:
    Feb 20, 2024
    Days on Market:
    848
    Last Refresh:
    May 19 at 10:19 pm

    Property Features for 4553 La Tienda Rd

    General Information

    Standard status
    Active
    Size
    113,122 SF
    Lot size
    9.18 Acres
    Property subtype
    OFFICE

    We can help!

    Listing Contact
    Darla Longo

    Listing agent Darla Longo License #00639911

    Listing office CBRE

    Listing date Feb 20, 2024

    Source Moodyscre

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of CBRE

    HighLights

    • 100% Vacancy: Enjoy immediate occupancy, perfect for an owner‑user.
    • Flex Building: Highly adaptable to various business needs.
    • Conversion Potential: Customize the space to your exact specifications.
    • Unique Opportunity: A rare chance for immediate use and customization.
    • Owner‑User Benefit: Tailor the building to perfectly fit your business requirements.
    • Total Building Control: Benefit from full autonomy over the property's usage.

    Overview

    This flex building, located in Westlake Village, California, offers a total area of 113,122 square feet. The property is currently 100% vacant, presenting a unique opportunity for an owner-user to occupy the building immediately. The property can also be converted to suit the owner's desired needs.

    Local Financial Insights For Office B

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $2.99M $26.40
    − Vacancy −$316.6k −$2.80
    EGI $2.67M $23.60
    − OpEx −$667.5k −$5.90
    NOI $2.00M $17.70
    113,122 SF · lease $26.40/SF/yr · vacancy 10.60% · expense 25.00%

    Alternative Uses

    Best Use
    Office B
    $28.61M
    $25.03M – $33.37M (±1% cap)
    NOI $2,002,395 @ 7.0% cap · market cap 7.08%
    Second Best
    Industrial
    $16.47M
    $14.41M – $19.22M (±1% cap)
    NOI $1,153,041 @ 7.0% cap · market cap 4.08%
    Theoretical Best
    Office A
    $38.83M
    $33.98M – $45.31M (±1% cap)
    NOI $2,718,403 @ 7.0% cap · market cap 9.61%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Office buildings

    Suggested Use

    Restaurant Real Estate Agency Building Supply Dental Office Spa & Massage Center Law Firm Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Westlake Village
    County
    Ventura
    State
    California
    Longitude
    -118.814
    Latitude
    34.1537

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    FAQs

    What type of property is this?
    Office building - Vacant flex building in Westlake Village for sale.
    Where is this office building located?
    The property is located at 4553 La Tienda Rd Westlake Village, CA.
    What is the asking price?
    The asking price for this property is $28,280,000.
    What are key features of this property?
    This property features: 100% Vacancy: Enjoy immediate occupancy, perfect for an owner‑user.; Flex Building: Highly adaptable to various business needs.; Conversion Potential: Customize the space to your exact specifications.
    (909) 418-2105 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Darla Longo
    Real Estate License ID: 00639911
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