29001 canwood street
PRICE
BUILDING SIZE
AGOURA HILLS, CA 91301
$3,175,000
2,500 SF
LOT SIZE
39,738
CAP RATE
PRICE/SF (BLDG)
PRICE/SF (LOT)
4.72%
$1,270
$80
The Brandon Michaels Group of Marcus & Millichap, as Exclusive Advisor, is pleased to present for sale 29001 Canwood Street, a 2,500 square foot single tenant restaurant building situated on 0.91 acres (39,738 SF) of land ideally positioned along the Interstate 101 Ventura Freeway, with excellent freeway visibility and frontage and daily traffic counts north of 162,000 vehicles per day in the affluent Los Angeles County submarket of Agoura Hills, CA.
29001 Canwood Street, formerly Jinky’s Café since 2010, is a highly trafficked commercial destination adjacent to Trader Joe’s and The Shops at Oak Creek, a regional retail location with merchants like Panda Express and The Habit.
This location has a history of strong performance, ideally catering to the direct needs of the surrounding residents in the affluent immediate trade area which includes Westlake Village to the West, Calabasas to the East, and Malibu to the South, with average household incomes exceeding $139,000.
The site is now ideally positioned for a value-add investor to reposition the vacancy with a market rent paying tenant or owner-user buyer to occupy the property for their own restaurant business. The 2010 construction restaurant recently underwent an exterior renovation, elevating its status in the high barrier to entry submarket.