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28118 Agoura Rd, Agoura Hills, CA, 91301
First-Floor Vacant Office Building

28118 Agoura Rd Agoura Hills, CA 91301

For Sale
Contact for pricing

Office building with a vacant first floor, offering the ability to occupy 100% at closing.

Property Size12,978 SF
Price / SF$349.82
Days on Market230

Property Features for 28118 Agoura Rd

General Information

Standard status Active
Size 12,978 SF
Property subtype OFFICE
Listing Agency: Lee & Associates
Listed By: Brett Saunders · License ##01991011
Source: Moodyscre
Added: Dec 12, 2025 Changed: Jul 30 Last Checked: Jul 30 at 6:11AM

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 Lee & Associates

Investment Insights

Based on property information with market context.

This office building is available for sale with the first floor vacant, creating flexibility for an owner-occupant. The property is described as suitable for medical, dental, or professional office use, and the seller notes the ability for a buyer to occupy 100% of the property at closing.

The building is located at 28118 Agoura Rd in Agoura Hills, CA 91301. With the first floor currently vacant, the space can be planned for immediate use based on an approved operational concept.

If you’re evaluating office space with potential for full occupancy, this configuration provides a clear path to take possession at closing and plan the interior accordingly.

Key Highlights

  • Office building for sale
  • First floor vacant
  • Ability for buyer to occupy 100% at closing

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 $342.6k $26.40
− Vacancy −$36.3k −$2.80
EGI $306.3k $23.60
− OpEx −$76.6k −$5.90
NOI $229.7k $17.70
12,978 SF · lease $26.40/SF/yr · vacancy 10.60% · expense 25.00%

Alternative Uses

Best Use
Office B
$3.28M
$2.87M – $3.83M (±1% cap)
NOI $229,726 @ 7.0% cap · market cap 5.06%
Second Best
Healthcare Medical
$2.68M
$2.34M – $3.12M (±1% cap)
NOI $187,439 @ 7.0% cap · market cap 4.13%
Theoretical Best
Office A
$4.46M
$3.90M – $5.20M (±1% cap)
NOI $311,871 @ 7.0% cap · market cap 6.87%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Location Intelligence

Current Use

Office buildings

Suggested Use

Top Pick Grocery & Convenience Store (Bike/Boat/Book/etc) Store Pharmacy Storage Facility Catering Service Bakery

Zoning and permitted uses should be independently verified with authorities.

Frequently Asked Questions

What type of property is this?
Office building - Office building with a vacant first floor, offering the ability to occupy 100% at closing.
Where is this office building located?
The property is located at 28118 Agoura Rd Agoura Hills, CA.
What is the asking price?
The asking price for this property is $4,540,000.
What are key features of this property?
This property features: Office building for sale; First floor vacant; Ability for buyer to occupy 100% at closing
(818) 581-7061 Call to check price and availability
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