Medical Office
New
For Sale
$5,000,000
612 E Janss Rd, Thousand Oaks, CA 91360
This 1980-built property provides dedicated medical office space in Thousand Oaks.
Property Size9,396 SF
Price / SF$532.14
Days on Market6
Property Features for 612 E Janss Rd
General Information
Standard status
Active
Size
9,396 SF
Property subtype
Office Medical
Occupancy
100%
Amenities
Single-tenant medical office building of approximately 9,396 SF on a 1.00-acre (43,560 SF) C1-zoned parcel in Thousand Oaks
Long-term occupancy: Lakeside Medical Organization, A Medical Group, Inc. has occupied the building since April 1994 — more than 32 years.
Current lease term runs through July 31, 2030 with fixed 2% annual rent increases, plus one five-year renewal option at fair market rent (August 2030 – July 2035).
Building Details
Building Size
9,396 SF
Year Built
1980
Listing Agency:
Marcus & Millichap - Los Angeles
Listed By:
Tony Azzi · License #License(s): CA: 00910513
(310) 909-5454
Source:
Marcusmillichap
Added: Oct 1
Last Checked: Oct 5 at 2:59PM
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 Marcus & Millichap - Los Angeles
Investment Insights
Based on property information with market context.
The medical office building contains 9,396 square feet and dates to 1980. Its location is 612 E Janss Rd in Thousand Oaks, California.
Key Highlights
- 9,396‑square‑foot medical office building
- Built in 1980
- Located at 612 E Janss Rd in Thousand Oaks, CA 91360
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$217,519
Cap Rate
4.35%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,350,380
$4.4M
Cap Rate 7%
$3,107,414
$3.1M
Cap Rate 9%
$2,416,878
$2.4M
Market Conditions
NOI Build-Up for 9,396 SF
Gross rent
$356.3K $37.92/SF
− Vacancy
−$66.3K −$7.05/SF
EGI
$290.0K $30.87/SF
− OpEx
−$72.5K −$7.72/SF
NOI
$217.5K $23.15/SF
Area
Thousand Oaks, CA
Vacancy
18.60%
Lease Rate
$37.92 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,350,380
Cap Rate 7%
$3,107,414
Cap Rate 9%
$2,416,878
Alternative Uses
Best Use
Office B
$3.11M
$2.72M – $3.63M
NOI $217,519 @ 7.0% cap · market cap 4.35%
Second Best
Healthcare Medical
$2.00M
$1.75M – $2.33M
NOI $140,038 @ 7.0% cap · market cap 2.80%
Theoretical Best
Office A
$3.68M
$3.22M – $4.30M
NOI $257,719 @ 7.0% cap · market cap 5.15%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
709
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 91360, CA
43,046
Population
15,631
Households
2.8
Avg Household Size
44
Median Age
44%
College-Educated
92%
High-School Grad
15.4 sq mi
ZIP Area
2,795
Density / Sq Mi
$116,729
Median Household Income
$51,132
Median Earnings
$2,412
Median Rent
$887,000
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in West region
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Similar Off Market Nearby
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- Vetsitting — Thousand Oaks, CA 91360
- Thousand Oaks Surgical Hospital — 2166 N Moorpark Rd, Thousand Oaks, CA 91360
Frequently Asked Questions
What type of property is this?
Medical Office Space - This 1980-built property provides dedicated medical office space in Thousand Oaks.
Where is this medical office space located?
The property is located at 612 E Janss Rd Thousand Oaks, CA.
What is the asking price?
The asking price for this property is $5,000,000.
What are key features of this property?
This property features: 9,396‑square‑foot medical office building; Built in 1980; Located at 612 E Janss Rd in Thousand Oaks, CA 91360
