Office Medical

Regency Medical Plaza

1000 Newbury Rd., Suite 180, Thousand Oaks, CA 91320

Listing Price: $1,825,000

Gross SF
5,727
Rentable SF
5,727
Price/Gross SF
$318.67
Year Built
2005
Lot Size
4.50 acres

Investment Overview

Marcus & Millichap has been selected to exclusively market for sale or lease, two beautifully built-out and contiguous medical office condominiums located at 1000 Newbury Road, Suites 180 & 185, Newbury Park, CA. The subject property is located in Regency Medical Plaza, which is surrounded by other medical/professional offices, and retail within a one-mile radius, and is in close proximity to Los Robles Hospital and Medical Center. The property has 101 Freeway frontages with easy access. Built in 2005, this approximate 65,093 rentable square foot, two story, medical office building is comprised of 40 condominiums, situated on 3.73 acres with unobstructed panoramic views, and a parking ratio of 5.38/1,000.

The condos can be sold or leased together as one unit (as-built), or individually. Combined, the square footage is 5,727 rentable and 4,887 useable. Suite 180 is 3,186 SF rentable and 2,719 SF useable, and Suite 185 is 2,541 SF rentable and 2,168 SF useable. These condos are a great opportunity for a combined sale to a growing Owner/User who could lease out a portion of the overall space until they are ready for expansion. Or, to an Investor who wants to take advantage of below market pricing and low interest rates.

Newbury Park abuts the Santa Monica Mountains. It is approximately 35 miles from Downtown Los Angeles and less than 7 miles from the Los Angeles County border in Westlake Village. The closest coastal city is Malibu, 22 miles from Newbury Park. About 28,000 residents of Thousand Oaks reside in Newbury Park. Newbury Park makes up around 40 percent of Thousand Oaks total land area.

Investment Highlights

  • Owner/User or Investment Opportunity
  • Fully Built-Out Medical Condo(s) with On-Site Pharmacy
  • Beautifully Appointed Common Areas with Rich Landscaping and Courtyard
  • Ideal for Medical or Professional Office Uses
  • Private Rear Access from Parking Lot
  • Close Proximity to Los Robles Hospital and Medical Center

Exclusively Listed By

Financing By

Listing Price: $1,825,000

Gross SF
5,727
Rentable SF
5,727
Price/Gross SF
$318.67
Year Built
2005
Lot Size
4.50 acres

Investment Highlights

  • Owner/User or Investment Opportunity
  • Fully Built-Out Medical Condo(s) with On-Site Pharmacy
  • Beautifully Appointed Common Areas with Rich Landscaping and Courtyard
  • Ideal for Medical or Professional Office Uses
  • Private Rear Access from Parking Lot
  • Close Proximity to Los Robles Hospital and Medical Center

Investment Overview

Marcus & Millichap has been selected to exclusively market for sale or lease, two beautifully built-out and contiguous medical office condominiums located at 1000 Newbury Road, Suites 180 & 185, Newbury Park, CA. The subject property is located in Regency Medical Plaza, which is surrounded by other medical/professional offices, and retail within a one-mile radius, and is in close proximity to Los Robles Hospital and Medical Center. The property has 101 Freeway frontages with easy access. Built in 2005, this approximate 65,093 rentable square foot, two story, medical office building is comprised of 40 condominiums, situated on 3.73 acres with unobstructed panoramic views, and a parking ratio of 5.38/1,000.

The condos can be sold or leased together as one unit (as-built), or individually. Combined, the square footage is 5,727 rentable and 4,887 useable. Suite 180 is 3,186 SF rentable and 2,719 SF useable, and Suite 185 is 2,541 SF rentable and 2,168 SF useable. These condos are a great opportunity for a combined sale to a growing Owner/User who could lease out a portion of the overall space until they are ready for expansion. Or, to an Investor who wants to take advantage of below market pricing and low interest rates.

Newbury Park abuts the Santa Monica Mountains. It is approximately 35 miles from Downtown Los Angeles and less than 7 miles from the Los Angeles County border in Westlake Village. The closest coastal city is Malibu, 22 miles from Newbury Park. About 28,000 residents of Thousand Oaks reside in Newbury Park. Newbury Park makes up around 40 percent of Thousand Oaks total land area.

Exclusively Listed By

Financing By

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