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    2315-2409 Michael Dr Thousand Oaks, CA 91320

    Sponsored
    For Lease
    $3 SF/Yr ($8,368 /Mo)

    Prime Thousand Oaks Retail/Office Space Available

    Lot size:
    28,691 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional retail and office property, located at 2315-2409 Michael Dr in Thousand Oaks, CA 91320, offers a unique investment opportunity in the thriving Newbury Park/Thousand Oaks submarket of Ventura County. Built in 1980, the Times Square Shopping Center boasts a total of 28,691 square feet, with a variety of space options available for lease. The property is currently multi-tenant and features a flexible layout, accommodating businesses seeking spaces ranging from a minimum of 900 square feet to a maximum contiguous space of 4,000 square feet. Currently, 5,800 square feet of space is vacant, presenting an immediate opportunity for expansion or new tenancy. The property's diverse subtype designations, including Executive Office, Strip Center, Street Retail, and Restaurant, cater to a wide range of potential businesses. Its strategic location in Thousand Oaks provides excellent visibility and accessibility, making it an ideal location for businesses seeking a high-traffic area. This property is perfect for businesses looking for a well-established location with ample space and flexibility to suit their specific needs. The property's address is easily accessible and situated within a vibrant commercial area. Contact us today to learn more about leasing opportunities within this dynamic property.

    Property Features for 2315-2409 Michael Dr

    General Information

    Property type
    Neighborhood centers
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    28,691 SF
    Total Rate
    8368.21

    Building Details

    Year Built
    1980

    Unit(s) available at that property

    Space
    Unit 2315
    Size
    4,000 SF
    Rate per SF
    $3
    Space
    Units 2369
    Size
    900 SF
    Rate per SF
    $21

    HighLights

    • High‑traffic retail center near Amgen, Newbury Park amenities, and major roadways.
    • Excellent 101 Ventura Freeway accessibility.
    Property Profile Location Intelligence

    Current Use by Public Records

    Neighborhood centers

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Thousand Oaks
    County
    Ventura
    State
    California
    Longitude
    -118.927944
    Latitude
    34.1825633

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    FAQs

    What type of property is this?
    Neighborhood center - Prime Thousand Oaks Retail/Office Space Available
    Where is this neighborhood center located?
    The property is located at 2315-2409 Michael Dr Thousand Oaks, CA.
    What is the lease rate?
    The lease rate is $3-$21 SF/Yr.
    What are key features of this property?
    This property features: High-traffic retail center near Amgen, Newbury Park amenities, and major roadways.; Excellent 101 Ventura Freeway accessibility.;
    Request Owner's contact information
    2315-2409 Michael Dr Thousand Oaks, CA 91320
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    Realmo Value Estimation

    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.

    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.

    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
    2315-2409 Michael Dr Thousand Oaks, CA 91320
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