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
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