Westlake Village Flex Building
For Sale
Contact for pricing
4553 La Tienda Rd, Westlake Village, CA
Vacant flex building in Westlake Village for sale.
Property Size113,122 SF
Lot Size9.18 Acres
Price / SF$249
Days on Market893
Property Features for 4553 La Tienda Rd
General Information
Standard status
Active
Size
113,122 SF
Lot size
9.18 Acres
Property subtype
OFFICE
Listing Agency:
CBRE
(909) 418-2105
Listed By:
Darla Longo · License #00639911
(909) 418-2105
Source:
Moodyscre
Added: Feb 20, 2024
Changed: Jul 6
Last Checked: Jul 21 at 5:40AM
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
Investment Insights
Based on property information with market context.
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.
Key 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.
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
NOI $2,002,395 @ 7.0% cap · market cap 7.08%
Second Best
Industrial
$16.47M
$14.41M – $19.22M
NOI $1,153,041 @ 7.0% cap · market cap 4.08%
Theoretical Best
Office A
$38.83M
$33.98M – $45.31M
NOI $2,718,403 @ 7.0% cap · market cap 9.61%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
2,685
Businesses Nearby
Explore this area
Business Placement
Market
Vacancy Rate% for Office in West region
Questions? Ask Rey
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Frequently Asked Questions
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.
