Medical Office
468 Pennsfield Pl Thousand Oaks, CA 91360
For Sale
Contact for pricing
Owner-user medical/office building offered for sale with 15,119 square feet of space.
Property Size15,119 SF
Price / SF$327.40
Days on Market155
Property Features for 468 Pennsfield Pl
General Information
Standard status
Active
Size
15,119 SF
Property subtype
OFFICE
Listing Agency:
Lee & Associates
(818) 581-7061
Listed By:
Brett Saunders · License ##01991011
(818) 581-7061
Source:
Moodyscre
Added: Feb 24
Changed: Jul 25
Last Checked: Jul 29 at 4:07PM
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 medical/office building offers a practical owner-user configuration for an end user seeking dedicated office space. The property is presented as a medical/office building and is being offered for sale.
The building totals 15,119 square feet, providing room for a medical or professional office setup. Specific suite, floor, or improvement details are not provided in the available information.
Purchase is structured as an owner-user opportunity, making it a straightforward option for qualified buyers looking for a medical/office property rather than a purely tenant-leased asset.
The building totals 15,119 square feet, providing room for a medical or professional office setup. Specific suite, floor, or improvement details are not provided in the available information.
Purchase is structured as an owner-user opportunity, making it a straightforward option for qualified buyers looking for a medical/office property rather than a purely tenant-leased asset.
Key Highlights
- Medical/office building offered for sale with 15,119 SF of space
- Owner‑user opportunity for a medical or office use
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 7.07%
Second Best
Healthcare Medical
$3.22M
$2.82M – $3.76M
NOI $225,334 @ 7.0% cap · market cap 4.55%
Theoretical Best
Office A
$5.92M
$5.18M – $6.91M
NOI $414,692 @ 7.0% cap · market cap 8.38%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Similar Off Market 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
Frequently Asked Questions
What type of property is this?
Medical Office Space - Owner-user medical/office building offered for sale with 15,119 square feet of space.
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 $4,950,000.
What are key features of this property?
This property features: Medical/office building offered for sale with 15,119 SF of space; Owner‑user opportunity for a medical or office use
