1535 Rancho Conejo Blvd Newbury Park, CA 91320
This exceptional 98,980-square-foot medical office building, located at 1535 Rancho Conejo Boulevard in Thousand Oaks, California, 91320, presents a unique investment opportunity. The property features multiple tenancies and offers a variety of spaces to suit diverse needs. Currently, there is 46,987 square feet of vacant space available, with the largest contiguous space measuring 19,333 square feet. The building boasts impressive 18-foot ceiling heights, providing ample room for various configurations. Two dock-high loading docks enhance logistical efficiency. Parking is readily available, with a ratio of 3.9 spaces per 1,000 square feet. One immediately available suite encompasses 53,000 square feet, featuring a move-in ready wet lab, office space, and a clean room. This suite was recently built out in 2020/2021. Another suite of approximately 45,000 square feet is available, with the landlord open to customizing the space based on tenant requirements and lease terms. This property is ideally situated in Thousand Oaks, offering excellent access to major transportation routes and a thriving medical community. The building's modern design and ample space make it an attractive option for a wide range of medical and laboratory users. This is a rare opportunity to secure a significant presence in a highly desirable location.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.