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30401 Agoura Road, Agoura H...

Harbor Associates & Gemdale USA Acquires Office In Agoura Hills For $29.7M
SOLDOffice

Harbor Associates & Gemdale USA Acquires Office In Agoura Hills For $29.7M

30401 Agoura Road, Agoura Hills, California 91301, United States

$29,700,000

$260/SF

Building Size

113,991 SF

Asset Type

Office

Closing

Mar 16, 2022

AI

The property involved in this closed transaction is an office located at 30401-30501 Agoura Road in Agoura Hills. The property spans 6 acres and has a total square footage of 113,991. The transaction took place on March 17, 2022.

Summary of transaction details

  • Property Type: Office
  • Transaction Amount: $29,700,000
  • Address: 30401-30501 Agoura Road, Agoura Hills
  • Market: Agoura Hills
  • Acres: 6

The buyer of the property is Harbor Associates and Gemdale USA. The transaction was facilitated by Andrew Harper, Will Poulsen, Matt McRoskey, and Chad Solomon from JLL. The sale price for the property was $29,700,000, resulting in a price per square foot of $260.

Players

Will Poulsen

JLL

Broker

$701.5M

vol

14 deals

Broker
Harbor Associates
Harbor AssociatesBuyer

Agoura Hills Office Market Snapshot

Boundary boundary · Office · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.53%

Cash-on-Cash

-0.15%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93