Thousand Oaks Industrial
1515 Rancho Conejo Boulevard Newbury Park, CA 91320
1515 Rancho Conejo Boulevard, Newbury Park, CA, 91320
$29,461,410
For Sale
$29,461,410
Freestanding industrial building with freeway access and modern features.
Property Size89,277 SF
Price / SF$330
Days on Market94
Property Features for 1515 Rancho Conejo Boulevard
General Information
- Standard status
- Active
- Size
- 89,277 SF
- Property subtype
- Industrial
Listing Agency
CBRE LA
(818) 458-7853
Listed by
Bennett Robinson · License #00984312
(818) 458-7853
Source
Cbre
Added: Apr 15 Checked: Jul 17 at 5:37 am
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 LA
Investment Insights
Based on property information with market context.
This industrial building in Thousand Oaks features clear heights ranging from 27'8" to 30'. The property includes 17 dock-high doors, equating to approximately 1.9 docks per 10,000 square feet. Equipped with ESFR sprinklers, this state-of-the-art, freestanding building offers accessibility to the 101 Freeway and is located minutes from outdoor recreation and trails. The property size is 89,277 square feet.
Key Highlights
- Great Accessibility to 101 Freeway
- 27'8" - 30' Clear Height
- 17 Dock High Doors |1.9 Docks / 10,000 SF
Local Financial Insights For Warehouse
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 | $1.59M | $17.76 |
| − Vacancy | −$99.9k | −$1.12 |
| EGI | $1.49M | $16.64 |
| − OpEx | −$222.9k | −$2.50 |
| NOI | $1.26M | $14.14 |
89,277 SF · lease $17.76/SF/yr · vacancy 6.30% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$18.04M
$15.79M – $21.05M
NOI $1,262,819 @ 7.0% cap · market cap 4.29%
Second Best
Industrial
$14.86M
$13.00M – $17.33M
NOI $1,039,968 @ 7.0% cap · market cap 3.53%
Theoretical Best
Office A
$34.98M
$30.61M – $40.81M
NOI $2,448,738 @ 7.0% cap · market cap 8.31%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Warehouses
Similar For Sale Nearby
Similar Off Market Nearby
- Pro-Tek Vaults — 1471 Lawrence Dr, Thousand Oaks, CA 91320
- Thousand Oaks Storage Solutions — 1467 Lawrence Dr, Newbury Park, CA 91320
FAQs
What type of property is this?
Warehouse - Freestanding industrial building with freeway access and modern features.
Where is this warehouse located?
The property is located at 1515 Rancho Conejo Boulevard Newbury Park, CA.
What is the asking price?
The asking price for this property is $29,461,410.
What are key features of this property?
This property features: Great Accessibility to 101 Freeway; **27'8" - 30' Clear Height**; **17 Dock High Doors** |1.9 Docks / 10,000 SF
