Medical Office
For Sale
Contact for pricing
28215 Agoura Rd, Agoura Hills, CA 91301
Office and medical space totaling 4,140 SF, suited for an owner-user setup.
Property Size4,140 SF
Price / SF$543.48
Days on Market278
Property Features for 28215 Agoura Rd
General Information
Standard status
Active
Size
4,140 SF
Property subtype
OFFICE
Listing Agency:
Lee & Associates
(818) 223-4388
Listed By:
Brett Saunders · License ##01991011
(818) 581-7061
Source:
Moodyscre
Added: Dec 9, 2025
Changed: Sep 10
Last Checked: Sep 13 at 11:03AM
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.
Medical office space totaling 4,140 SF, offered as an office/medical owner-user opportunity. The property is positioned for a user that wants to occupy and operate within the space.
The property is located at 28215 Agoura Rd, Agoura Hills, CA 91301, making it suitable for an owner-operator seeking a single, dedicated footprint for medical or office use.
The property is located at 28215 Agoura Rd, Agoura Hills, CA 91301, making it suitable for an owner-operator seeking a single, dedicated footprint for medical or office use.
Key Highlights
- 4,140 SF office/medical space
- Owner‑user opportunity for office or medical use
- 28215 Agoura Rd, Agoura Hills, CA 91301
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$73,283
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
3.26%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,465,660
$1.5M
Cap Rate 7%
$1,046,900
$1.0M
Cap Rate 9%
$814,256
$814.3K
Market Conditions
NOI Build-Up for 4,140 SF
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.
Gross rent
$109.3K $26.40/SF
− Vacancy
−$11.6K −$2.80/SF
EGI
$97.7K $23.60/SF
− OpEx
−$24.4K −$5.90/SF
NOI
$73.3K $17.70/SF
Area
Ventura County, CA
Vacancy
10.60%
Lease Rate
$26.40 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,465,660
Cap Rate 7%
$1,046,900
Cap Rate 9%
$814,256
Alternative Uses
Best Use
Office B
$1.05M
$916.0K – $1.22M
NOI $73,283 @ 7.0% cap · market cap 3.26%
Second Best
Healthcare Medical
$854.2K
$747.4K – $996.6K
NOI $59,793 @ 7.0% cap · market cap 2.66%
Theoretical Best
Office A
$1.42M
$1.24M – $1.66M
NOI $99,487 @ 7.0% cap · market cap 4.42%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,306
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 91301, CA
24,790
Population
9,394
Households
2.6
Avg Household Size
45
Median Age
66%
College-Educated
97%
High-School Grad
33.1 sq mi
ZIP Area
749
Density / Sq Mi
$166,912
Median Household Income
$85,240
Median Earnings
$3,163
Median Rent
$1,096,600
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Office in West region
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Frequently Asked Questions
What type of property is this?
Medical Office Space - Office and medical space totaling 4,140 SF, suited for an owner-user setup.
Where is this medical office space located?
The property is located at 28215 Agoura Rd Agoura Hills, CA.
What is the asking price?
The asking price for this property is $2,250,000.
What are key features of this property?
This property features: 4,140 SF office/medical space; Owner‑user opportunity for office or medical use; 28215 Agoura Rd, Agoura Hills, CA 91301
