Harbor Associates Acquires Office Building On Agoura Rd. In Conejo Valley For $19.3M
30601 Agoura Road
$19,275,000
$162/SF
Building Size
118,864 SF
Asset Type
Office
Closing
Jul 27, 2022
AI
Harbor Associates, represented by Paul Miszkowicz, has acquired an office property located at 30601 Agoura Rd. in Conejo Valley. The property spans across a total of 118,864 square feet and was sold by Adler Realty, with Michael Adler acting as the seller. The transaction took place on July 27, 2022, for a total sale price of $19,275,000. The price per square foot for the property was $162.
Summary of transaction details:
- Property Type: Office
- Sale Price: $19,275,000
- Square Footage: 118,864
- Price Per Square Foot: $162
- Date: July 27, 2022
- Address: 30601 Agoura Rd.
- Market: Conejo Valley
The deal was facilitated by brokers Jared Smits and Jay Rubin, representing Lee & Associates. Their role in the transaction was to assist the buyer, Harbor Associates, in the acquisition of the property from the seller, Adler Realty. Jared Smits and Jay Rubin played a crucial role in connecting the parties involved and ensuring a successful completion of the deal.
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
0.82%
Cash-on-Cash
-0.24%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93