Description
Collaborative listing - premium commercial building in Westlake Village, strong suburban office demand.
Documents
Offering Summary
- Asking Price$58,000,000
- Price PSF$232
- Property TypeOffice
- Size250,000 SF
- Occupancy90%
- Total Acres~11.50 ac
Sale Details
- T12 Cap Rate5.40%
- T12 NOI$3,132,000
Documents
Property Address
31605 Westlake Dr
Westlake Village, CA 91361
Property Details
- Property TypeOffice
- Square Feet250,000 SF
- Available Space (SF)25,000 SF
- Occupancy90%
- Year Built2008
- Year Renovated2020
- Stories3
- Floor Plates (SF)83,333 SF
- Parking Ratio3.5
- Total Parking875
- ZoningCO Commercial Office
- APN2056-004-033
Property Details
Deal Team
Ryan Cooper
Senior Managing Director Senior Managing Director
NewmarkSamantha Wong
VP, Office Investment VP, Office Investment
NewmarkNathan Baker
Director, Industrial Sales Director, Industrial Sales
NewmarkDescription
Collaborative listing - premium commercial building in Westlake Village, strong suburban office demand.
Documents
Offering Summary
- Asking Price$58,000,000
- Price PSF$232
- Property TypeOffice
- Size250,000 SF
- Occupancy90%
- Total Acres~11.50 ac
Sale Details
- T12 Cap Rate5.40%
- T12 NOI$3,132,000
Documents
Property Address
31605 Westlake Dr
Westlake Village, CA 91361
Property Details
- Property TypeOffice
- Square Feet250,000 SF
- Available Space (SF)25,000 SF
- Occupancy90%
- Year Built2008
- Year Renovated2020
- Stories3
- Floor Plates (SF)83,333 SF
- Parking Ratio3.5
- Total Parking875
- ZoningCO Commercial Office
- APN2056-004-033
Property Details
Deal Team
Ryan Cooper
Senior Managing Director Senior Managing Director
NewmarkSamantha Wong
VP, Office Investment VP, Office Investment
NewmarkNathan Baker
Director, Industrial Sales Director, Industrial Sales
Newmark
