Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Target-Anchored Retail Center for Lease Title is generated by Realmo AI

    30768 Russell Ranch Rd, Westlake Village, CA 91362

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    240,000 SF retail center with upscale shops and dining.

    Type:Restaurant/Retail/Service
    Property size:
    240,000 SF
    Added:
    Jan 27, 2026
    Days on Market:
    112
    Last Refresh:
    Apr 5 at 11:28 pm

    Property Features for 30768 Russell Ranch Rd

    General Information

    Standard status
    Active
    Size
    240,000 SF
    Property subtype
    Restaurant/Retail/Service

    Spaces For Lease

    at 30768 Russell Ranch Rd Contact us

    We can help!

    Listing Contact
    Jay Luchs

    Listing agent Jay Luchs License #CA RE Lic. #01260345

    Listing office Newmark - Corporate

    Listing date Jan 27, 2026

    Source Nmrk

    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 Newmark - Corporate

    HighLights

    • Target‑anchored retail center with 240,000 SF
    • Over 100,000 SF of upscale shops & dining
    • Excellent freeway visibility, access & frontage on the 101 Freeway
    • Adjacent to one of the highest volume Costco in LA County
    • Adjacent to the Four Seasons Hotel Westlake Village
    • Located in a beautiful outdoor environment

    Overview

    This retail center, anchored by Target, encompasses 240,000 square feet and features over 100,000 square feet of upscale shops and dining options. The property is situated in an outdoor environment on Russell Ranch Road, located at the 101 Freeway/Lindero Canyon Road off-ramp. It benefits from excellent freeway visibility, access, and frontage. The location is adjacent to one of the highest volume Costco stores in Los Angeles County and is also adjacent to the Four Seasons Hotel Westlake Village.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Shopping centers

    Suggested Use

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

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

    Similar Places Nearby

    • North Ranch Gateway — 30819 Thousand Oaks Blvd, Westlake Village, CA 91362
    • Shoppes at Westlake Village — 30770 Russell Ranch Rd, Westlake Village, CA 91362
    • RTCart — 5701 Lindero Canyon Rd, Westlake Village, CA 91362
    • Westlake Village Market Place — 5794 Lindero Canyon Rd, Westlake Village, CA 91362

    Location Insight

    • Map
    • Local Demand
    City
    Westlake Village
    County
    Ventura
    State
    California
    Longitude
    -118.7959607
    Latitude
    34.1478592

    Nearby Similar for Lease

    • $1,000/Mo
      250-250 SF

      Executive Center of Westlake Village

      Office suite in Westlake Village near restaurants and shops.
      741 Lakefield Rd, Unit H, Westlake Village, CA 91361
      View Details
    • $3 SF/Yr
      9,202 SF

      Class A Office Campus

      Westlake Village Class A office space for lease.
      2815 Townsgate Road, Westlake Village, CA, 91361
      View Details
    • $1.80 SF/Yr
      11,406 SF

      Westlake Village Freestanding Flex Facility

      Freestanding 11,406 SF flex facility available for lease.
      5321 Sterling Center Drive, Westlake Village, CA 91361
      View Details
    • $1.60 SF/Yr
      4,342 SF

      Westlake Village Office Space Available

      Move-in ready office space in a tranquil Westlake Village setting.
      4500 Thousand Oaks Boulevard, Westlake Village, CA, 91362
      View Details
    • $2 SF/Yr
      2,150 SF

      Westlake Village Class A Office

      Class A office space in prime Westlake Village location.
      2659 Townsgate Road, Westlake Village, CA, 91361
      View Details
    • $2 SF/Yr
      9,794 SF

      Class A Office Building

      Premier office building in Westlake Village, near amenities.
      200 North Westlake Boulevard, Westlake Village, CA, 91362
      View Details
    • $3 SF/Yr
      14,011 SF

      Westlake Village Office Space Available

      Office space for rent in ideal Westlake Village location.
      100 North Westlake Boulevard, Westlake Village, CA, 91362
      View Details
    • $1.50 SF/Yr
      22,150 SF

      Westlake Village Office Space Available

      Office suite available in central Conejo Valley location.
      5703 Corsa Avenue, Westlake Village , CA 91362
      View Details
    • $2 SF/Yr
      20,965 SF

      Office Space in Westlake Village

      Office space available with common areas, kitchen, and conference room.
      5707 Corsa Ave, Westlake Village, CA 91362
      View Details
    • $2 SF/Yr
      867 SF

      Westlake Village Class A Office

      Class A office space in prime Westlake Village location.
      875 South Westlake Boulevard, Westlake Village, CA, 91361
      View Details
    • $2 SF/Yr
      131,087 SF

      Westlake Village Office Campus

      Master-planned office campus with outdoor amenities and freeway access.
      250-370 N. Westlake Blvd, Westlake Village, CA 91362
      View Details
    • $2 SF/Yr
      65,771 SF

      Westlake Village Office Building Lease

      Two-story office building in Westlake Village available for lease.
      31051 Agoura Road, Westlake Village, CA, 91361
      View Details

    FAQs

    What type of property is this?
    Shopping center - 240,000 SF retail center with upscale shops and dining.
    Where is this shopping center located?
    The property is located at 30768 Russell Ranch Rd Westlake Village, CA.
    What are key features of this property?
    This property features: Target‑anchored retail center with 240,000 SF; Over 100,000 SF of upscale shops & dining; Excellent freeway visibility, access & frontage on the 101 Freeway
    (310) 407-6585
    We can help!
    Listing Contact
    Jay Luchs
    Real Estate License ID: CA RE Lic. #01260345
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    30768 Russell Ranch Rd, Westlake Village, CA 91362
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!