925 Broadbeck Dr Thousand Oaks, CA 91320
- Office buildings
- 14,667 SF
- 1.51 lot acres
Current Use by Public Records
- Newbury Family Medicine / Medical Center
- Wells Fargo Bank / Bank / Atm
- Conejo Valley Family Counseling / Counselor
- Artists Business Management Group - Thousand Oaks / Tax Preparation / Auditor
- Sarah Nelson / Counselor / Marriage Or Relationship Counselor
Property Details for 925 Broadbeck Dr
- Year built
- 2006
- Lot size
- 1.51 lot acres
- Property size
- 14,667 SF
- Property type
- Office buildings
- APN
- 667-0-290-315
- APU
- 6670290315
Description
This exceptional 15,290 square foot Class B medical office building, constructed in 2005, is located at 925 Broadbeck Drive in Thousand Oaks, CA 91320. The property features a two-story design with ample parking (150 spaces) and offers multiple tenancy options. Individual suites range from a minimum of 100 square feet to a maximum contiguous space of 1,227 square feet, with 1,727 square feet currently vacant. The building is situated in a highly visible, well-established shopping center anchored by Wells Fargo and surrounded by a variety of national retailers including Chipotle, Starbucks, Jamba Juice, The Habit Burger Grill, FedEx, Subway, Farmer Brothers Coffee, Verizon, Home Depot, Lowe's, Target, and Party City. This location benefits from excellent visibility and accessibility, situated at the intersection of Broadbeck and Wendy Drives, just off the 101 Freeway. Thousand Oaks consistently ranks as a highly desirable city for living, working, and recreation, boasting a strong business community and the presence of California Lutheran University. This property presents a unique opportunity for medical professionals seeking a prominent location within a thriving commercial environment. The property is zoned for medical office and storefront retail uses.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $1,960,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $1,790,000
- 6.5%
- $1,525,000
- 7%
- $1,775,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $1,440,000
- Geo Method
- $1,485,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $1,460,000
- Retail
- $1,555,000
- Mixed-Use
- $1,685,000
- Hospitality
- $1,280,000
- Educational
- $1,530,000
- Residential Income
- $1,295,000
- Energy
- $1,460,000
- Income-Based Land
- $1,340,000
- Food Service
- $1,305,000
Location Insight
- Map
- Local Demand
- City
- Thousand Oaks
- County
- Ventura
- State
- California
- Longitude
- -118.937
- Latitude
- 34.1913
- CBSA code
- 37100
- CBSA name
- OXNARD-THOUSAND OAKS-VENTURA, CA METROPOLITAN STATISTICAL AREA
