28348 roadside dr. - loopnet · agoura hills began to grow in the late 1960s after the ventura...

Foresight Investment Advisors

No warranty, express or implied, is made as to the accuracy of the information contained herein. This information is submitted subject to errors, omissions, change of price, rental or other conditions, withdrawal without notice, and is subject to any special listing conditions imposed by our principals. Cooperating brokers, buyers, tenants and other parties who receive this document should not rely on it, but should use it as a starting point of analysis, and should independently confirm the accuracy of the information contained herein through a due diligence review of the books, records, files and documents that constitute reliable sources of the information described herein. Logos are for identification purposes only and may be trademarks of their respective companies. NAI Capital, Inc. CA BRE Lic. #01990696.

FOR SALEThe Atrium Office Condominiums In Prime Agoura Hills Location

28348 Roadside Dr.

Ziv Kozaski, Vice President 818 742 1609 Direct818 822 2626 Cell [email protected] CA BRE Lic. #01195573

Michael Dixon, Vice President 818 742 1617 Direct818 261 3615 Cell [email protected] CA BRE Lic. #01004121

Kenneth R. SimonsSenior Vice President 805 277 4015 Direct [email protected] CA BRE Lic. #00625646

Agoura Hills, CA 91301

Foresight Investment Advisors Ziv Kozaski, Vice President 818 742 1609 Direct818 822 2626 Cell [email protected] CA BRE Lic. #01195573



This is a confidential memorandum intended solely for your limited use and benefit in determining whether you desire to express any further interest in the purchase of the retail property located at 28348 Roadside Dr. Agoura Hills, CA 91301 (“the “Project”). This Memorandum contains selected information pertaining to the Project and does not propose to be all inclusive or to contain all of the information which prospective purchases may desire.

It should be noted that all financial projections provided herein are for general reference purposes only. The projections are based on assumptions relating to the general economy, competition and other factors beyond the control of the ownership entity (the “Owners”) and therefore, are subject to material variation. Additional information and an opportunity to inspect the property are available to interested and qualified prospective buyers. Neither the Owner nor NAI Capital commercial, its parent company, nor any of at their respective representatives have made any representation or warranty, expressed or implied, as to the accuracy or completeness of this brochure or any of its contents. No legal commitment or obligation shall arise by reason of this brochure or its contents.

The Owners and NAI Capital Commercial expressly reserve the right, at their sole discretion, to reject any and all expressions of interest, offers to purchase the Project and/or to terminate discussions with any entity at any time. Owners shall have no legal commitment or obligation to any entity reviewing this Memorandum or making an offer to purchase the Project unless and until a fully executed written agreement(s) for the purchase of the property and all contractual conditions and obligation there under have been satisfied or waived by Owner and at Owner’s sole discretion.

By receipt of this Memorandum, you agree that its contents and all independent studies are of a confidential nature and that you hold and treat them in the strictest confidence. You will not disclose any of the contents herein or the information from independent studies to any other entity without prior written authorization of the Owners or NAI Capital Commercial. You will not use this Memorandum or any of its contents or the information from independent studies in any fashion or manner, whether perceived as detrimental or not to the interest of the Owners or NAI Capital Commercial. All information related to the property contained herein or obtained independently shall be kept confidential.

In this Memorandum, certain documents including leases and other materials, are described in summary form. Those summaries do not purport to be complete nor necessarily accurate descriptions of the full agreements referenced. Interested parties are expected to review all such summaries and other documents independently and not rely solely on this Brochure.

By accepting this Marketing Brochure you agree to release Kenneth Simons and NAI Capital, Inc. and hold it harmless from any king of claim, cost, expense, or liability arising out of your investigation and/or purchase of this real estate asset.

If you have no further interest in purchasing this property, immediately return this Memorandum to Kenneth Simons, NAI Capital, 2555 Townsgate Road, Suite 320, Westlake Village, 91361, 805-277-4015, email: [email protected]; Ziv Kozaski, NAI Capital, 16001 Ventura Blvd., Suite 200 Encino, CA 91436, 818-742-1609, email: [email protected]

Statement of Confidentiality and Conditions

• Year Built: 2004

• Parking: 68 parking

• Gross Building Area: Approx. 22,761 SF (per architect)

• Lot Size: Approx. 32,074 SF

• Zoning: AH CRS-FC

• No. of Elevators: 1

• No. of Stories: 2 stories, over covered parking

• Construction: Block wall garage with concrete deck. Upper floors wood frame, stucco

and drywall.

• Electrical: Units separately metered

90% LOW INTEREST FINANCING AVAILABLE FOR OWNER/USER

Building Specifications28348 Roadside Drive is an approximately 22,761 SF office building located in Agoura Hills. The building is within walking distance from the renovated WHIZIN’s Center, Agoura’s outdoor mall.

Built in 2004, this office building has maintained strong historical occupancy with local and regional tenants.

Building Specifications




FOR SALEThe Atrium Office Condominiums28348 Roadside Drive, Agoura Hills, CA 91301

Investment OverviewCondominium Prices: Range from $119,00 to $775,000

Property Features• Approx. 22,761 SF office building

• Separately metered electrical

• Beautiful two story atrium model

• Prime Agoura Hills location

• Elevator served building

• 68 Parking Spaces: 26 surface, 42 covered parking

• Beautiful Garden two story office with easy access to 101 Freeway & Pacific Coast Highway

• Walking distance from Whizin Center & retail amenities

• HVAC through facility

• Approved Condominium

OpportunityOwner/User: This property can be purchased for Office Condominium user and qualify for SBA financing. A unique opportunity for an entire building or take a portion and have rental unit income queued for your expansion. Excellent Corporate location.





Top EmployersAccording to the City's Comprehensive Annual Financial Report,the top employers in the city are:

Agoura Hills, CA

Company or Organization Industry # of Employees

Bank of America Banking 873

Las Virgenes Unified School District Government 543

Teradyne Inc. Manufacturing 220

Touch Commerce Internet 210

IBM Corporation Technology 206

Farmers Financial Solutions Insurance 151

Zebra Technologies Publishing 147

Nationwide Medical Medical 110

Wood Ranch Restaurant 100

Sheraton Agoura Hills Hotel 82

Los Angeles Rams Sport 80

Source: City of Agoura Hills Comprehensive Annual Financial Report FY Ending June 30, 2015








Top Employers


The area was first settled by the Chumash Native Americans around 10,000 years ago. As the Alta California (Upper California) coast was settled by Spanish Franciscan missionaries in the late 18th century, the El Camino Real (the Royal Road or King’s Highway), a road from Loreto, Baja California, Mexico to Sonoma, California, and connecting the Spanish missions in California, was established through the heart of what would later be known as Agoura Hills.

In about 1800, Miguel Ortega was granted a Spanish grazing concession called Rancho Las Virgenes or El Rancho de Nuestra Señora La Reina de Las Virgenes. The grant was abandoned after Ortega’s death in 1810, and José Maria Dominguez was given Rancho Las Virgenes as a Mexican land grant in 1834. Maria Antonia Machado de Reyes purchased the rancho from Dominguez in 1845. (The “Reyes Adobe” ranch headquarters sits today in central Agoura Hills, where it is part of the Reyes Adobe Museum built around 2004 and owned by the Los Angeles County Parks and Recreation Department.)

By 1900, Agoura Hills was being used as a popular stage stop for travelers along the Camino Real because of its natural spring at the foothills of Ladyface Mountain, one of Agoura Hills’ defining geographic features.

In the 1920s, the community was briefly known as Picture City, as Paramount Pictures owned a ranch in the area used for filming Westerns. To obtain a post office of their own, the residents were required to choose a one-word name, and in 1927 chose the shortest name proposed: a misspelling of the last name of Pierre Agoure, a local Basque man and French immigrant who had settled in the area in 1871 to live the lifestyle of the Mexican rancher. Styling himself Don Pierre Agoure, he was a successful sheep herder and had a reputation as a swashbuckler.

Agoura Hills began to grow in the late 1960s after the Ventura Freeway section of U.S. Route 101 was built through the city’s heart, isolating its northern half from its south. The first housing tracts in Agoura were Hillrise, Liberty Canyon and Lake Lindero. Rapid growth continued during the 1970s, when schools were built and much of downtown erected.

Agoura Hills, CASource: en.wikipedia.org/wiki/Agoura_Hills,_California





In 1978, residents of the Agoura Hills area banded together to lobby Sacramento to widen the Kanan Bridge. Legislation was passed requiring the State Department of Transportation to award contracts for widening of the Kanan Road bridge overpass, over the Ventura Freeway, from two lanes to four lanes.

In 1982, the residents of the City of Agoura Hills voted in favor of cityhood by a 68% majority. Agoura Hills became the 83rd City in Los Angeles County. Elected to the first City Council were Mayor Fran Pavley, Mayor Pro Tem Carol Sahm, Council members Ernest Dynda, John Hood and Vicky Leary.Incorporating a year after neighboring Westlake Village, the drive for cityhood in the region was largely based on public discontent with the county’s failure to limit residential development of the area, motives that influenced Malibu and Calabasas to follow suit in 1991.

The 1980s was a period of tremendous growth, with large land areas being subdivided into housing tracts and a great wave of migration of people into the city. In the 1990s, numerous businesses set up shop in the city, and downtown filled with shops and restaurants.

Agoura Hills, CA (cont.)

Median Income Ranking

Source: en.wikipedia.org/wiki/Agoura_Hills,_California

Source: LA Times

Rank Neighborhood Median Income

23 Agoura Hills $117,608

24 Leona Valley $117,526

25 Brentwood $112,927

26 Cheviot Hills $111,813









Condo #Total

Rentable SF** Asking Price PSF *Plus HOANumber of

ParkingCovered Parking

Surface Parking

101 1,988 $521,870 $263 $431.58 6 3 3

102 2,020 $530,271 $263 $438.58 6 4 2

103 2,418 $634,750 $263 $524.90 6 4 2

104 2,558 $671,501 $263 $555.22 8 5 3

105 2,949 $774,143 $263 $640.08 8 5 3

200 329 $119,000 $362 $71.44 1 0 1

201 2,035 $534,208 $263 $346.72 6 4 2

202 1,511 $396,653 $263 $328.06 4 1 3

203 2,825 $741,591 $263 $546.18 8 5 3

204 1,964 $515,570 $263 $426.33 6 3 3

205 2,164 $568,072 $263 $442.66 6 4 2

* HOA fees per Draft Budget dated 11/16/2017** Rentable SF - Rentable Square Feet includes a load factor for common area.

The information has been secured from sources deemed reliable, but we make no representations or warranties, expressed or implied as to its accuracy.




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Suite 101 Rentable SF 1,988Sale Price $521,870APN # 2061-009-074*Estimated HOA Fee $431.58 per monthParking Space #’s 1, 18, 19, 49, 50, 51 *Each unit will receive its own APN number when subdivision is finalized





Suite 102 Rentable SF 2,020Sale Price $530,271 APN # 2061-009-074*Estimated HOA Fee $438.58 per monthParking Space #’s 20, 21, 22, 23, 47, 48 *Each unit will receive its own APN number when subdivision is finalized





Suite 104 Rentable SF 2,558Sale Price $671,501APN # 2061-009-074*Estimated HOA Fee $555.22 per monthParking Space #’s 28, 29, 30, 41, 42, 57, 58, 59 *Each unit will receive its own APN number when subdivision is finalized





Suite 200 Rentable SF 329Sale Price $119,000APN # 2061-009-074*Estimated HOA Fee $71.44 per monthParking Space #’s 31 *Each unit will receive its own APN number when subdivision is finalized





Suite 202 Rentable SF 1,511Sale Price $396,653APN # 2061-009-074*Estimated HOA Fee $328.06 per monthParking Space #’s 6, 56, 66, 67 *Each unit will receive its own APN number when subdivision is finalized





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28348 roadside dr. - loopnet · agoura hills began to grow in the late 1960s after the ventura...

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