Prime Commercial Location in Thousand
468 Pennsfield Pl, Thousand Oaks, CA 91360
Exceptional visibility and accessibility in a thriving medical and business hub.
Type:Office
Property size:
15,119 SFPrice / SF:
$363/SF- Added:
- Feb 25, 2026
- Days on Market:
- 122
- Last Refresh:
- Mar 17 at 1:17 pm
Property Features for 468 Pennsfield Pl
General Information
- Standard status
- Active
- Size
- 15,119 SF
- Property subtype
- Office
Building Details
- Year Built
- 1981
Listing office Lee & Associates - LA North - Calabasas
Listing date Feb 25, 2026
Source Crexi
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 - LA North - Calabasas
HighLights
- Exceptional visibility and accessibility on Moorpark Road.
- High daily traffic exposure due to its primary freeway interchange location.
- Immediate access to major retail, medical, and office destinations.
- Proximity to Los Robles Regional Medical Center.
- Located in Thousand Oaks, known for its economic stability.
- Strong surrounding amenities and convenient freeway connectivity.
Overview
Located in Thousand Oaks, this property benefits from its position along Moorpark Road, a central commercial area. Moorpark Road connects to U.S. Highway 101 (Ventura Freeway), providing visibility, accessibility, and traffic exposure. As a primary freeway interchange, it captures commuter flow and serves as a gateway to retail, medical, and office destinations. The property is located minutes from Los Robles Regional Medical Center, offering convenience for healthcare providers and proximity to a leading hospital, enhancing referral opportunities and positioning practices within a medical hub. Thousand Oaks, in southeastern Ventura County, is known for its economic stability and business-friendly environment. The location benefits from surrounding amenities, freeway connectivity, and proximity to residential neighborhoods and employment centers. The property, with a size of 15119 square feet, is situated on Pennsfield Place. Moorpark Road is a desirable commercial corridor in the Conejo Valley.
Local 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 | $573.3k | $37.92 |
| − Vacancy | −$106.6k | −$7.05 |
| EGI | $466.7k | $30.87 |
| − OpEx | −$116.7k | −$7.72 |
| NOI | $350.0k | $23.15 |
15,119 SF · lease $37.92/SF/yr · vacancy 18.60% · expense 25.00%
Alternative Uses
Best Use
Office B
$5.00M
$4.38M – $5.83M
NOI $350,007 @ 7.0% cap · market cap 6.36%
Second Best
Healthcare Medical
$3.22M
$2.82M – $3.76M
NOI $225,334 @ 7.0% cap · market cap 4.10%
Theoretical Best
Office A
$5.92M
$5.18M – $6.91M
NOI $414,692 @ 7.0% cap · market cap 7.54%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Location Intelligence
Current Use by Public Records
Mission Wealth
Financial Advisor
Dr. Lisa D. ...
Pediatrician
Lorch Greene, LLC
Accounting Firm
MIDsource Merchant Services
Business To Business Service
William B. Goodman, ...
Alternative Medicine Practice
Similar Places Nearby
- Animal Clinic of the Oaks — 575 E Thousand Oaks Blvd, Thousand Oaks, CA 91360
- The Cat Doctor — 760 Thousand Oaks Blvd, Thousand Oaks, CA 91360
- Dr. Michael O. Gordon, MD — 72 Moody Ct, Thousand Oaks, CA 91360, United States
- The Pet Hospital of Thousand Oaks — 246 Lombard St D, Thousand Oaks, CA 91360
- Dean Christopher DVM — 575 Thousand Oaks Blvd, Thousand Oaks, CA 91360
Location Insight
- Map
- Local Demand
- City
- Thousand Oaks
- County
- Ventura
- State
- California
- Longitude
- -118.8737089
- Latitude
- 34.1847638
Nearby Similar for Sale
FAQs
What type of property is this?
Medical Office Space - Exceptional visibility and accessibility in a thriving medical and business hub.
Where is this medical office space located?
The property is located at 468 Pennsfield Pl Thousand Oaks, CA.
What is the asking price?
The asking price for this property is $5,500,000.
What are key features of this property?
This property features: Exceptional visibility and accessibility on Moorpark Road.; High daily traffic exposure due to its primary freeway interchange location.; Immediate access to major retail, medical, and office destinations.
