29001 Canwood St, Agoura Hills, CA 91301
2,500 SF | Retail Building | Agoura Hills, CA 91301 | $3,200,000 ($1,280/SF)
For Sale
Active
Asking Price $3,200,000
- Property Type
-
Retail, Restaurant
- Square Feet
- 2,500 SF
- Price / Square Foot
- $1,280
Listing Contacts
Brandon Michaels
- Property Info
Property Overview
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. 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.
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. Because of its past successful performance, a new operator will be able to quickly plug into a devoted customer base.
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. 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.
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. Because of its past successful performance, a new operator will be able to quickly plug into a devoted customer base.
Property Details
- Class
- B
- Year Built
- 2010
- Stories
- 1
- Lot Size (sq. ft)
- 39,640 SF
Highlights
- Vacant former restaurant building with excellent freeway exposure and visibility located directly adjacent to a high performing trophy Trader Joe’s
- Affluent trade area with Westlake Village to the West and Calabasas to the East and Malibu to the South
- Ideal opportunity for an owner-user Buyer or a value-add investor
- Recent exterior renovations, fully built out kitchen, and outdoor patio space
- Extremely high barrier to entry submarket for both tenants and developers. The site took nearly 5 years to entitle and develop
All available spaces
- Space
- 1st Floor
- Size
- 2,500 SF
- Condition
- Partial Build-Out
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