Omninet Capital Acquires Property From Topa Equities In Thousand Oaks For $55 Million
SOLD
California
See Similar DealsOffice256,600 SF
Sold 07/06/2020
SOLD
Omninet Capital Acquires Property From Topa Equities In Thousand Oaks For $55 Million
200 N Westlake BLVD, Thousand Oaks...
See Similar DealsOffice256,600 SF
Sold 07/06/2020
Summary
CALIFORNIA
Asset Type:Office
Price Per Square Foot:$214
Total Square Footage:256,600 SF
Transaction Type:Sale
The property asset located at 200 N Westlake BLVD, Thousand Oaks, in the Westlake Village market has been successfully sold for $55,000,000.00. This asset spans a total square footage of 256,600.
Summary of transation details:
- Property Type: Sale
- Transaction Amount: $55,000,000.00
- Address: 200 N Westlake BLVD, Thousand Oaks
- Market: Westlake Village
- Seller: Topa Equities
- Buyer: Omninet Capital
- Seller's Representatives: Ken White (Newmark), Kevin Shannon (Newmark)
In this transaction, Topa Equities sold the property to Omninet Capital, represented by Ken White and Kevin Shannon from Newmark. These individuals played a pivotal role in facilitating the deal ensuring a smooth transaction process.
Players
BUYER
SELLER
Details
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Similar Deals
Contact
Get in touch with the broker you want
Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$2,933,333.33
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$195,403.39
Cash-on-Cash Return-1.27%
Monthly Debt Service$260,728.06
Annual Debt Service$3,128,736.72
Is there something missing? Send suggestions
