Listing banner image
  • Asking Price
    $10,000,000Asking Price
  • Square Feet
    67,331 SFSquare Feet
  • Occupancy
    69%Occupancy
  • Property Type
    OfficeProperty Type
  • Acres
    ~3.12 acAcres
  • Parking Ratio
    2.75/1,000 SFParking Ratio

Description

Colliers is pleased to present the opportunity to acquire the fee simple interest in The Heritage Building (the “Property”), a 67,331-square-foot office building in Agoura Hills, California. Currently 69% leased, the Property offers a compelling owner/user or investment opportunity in the heart of the Conejo Valley 101 Technology Corridor, with in-place cash flow supporting near-term stability and flexible vacancy allowing for a customized corporate footprint in a premier location.

Located at the intersection of Agoura Hills and Westlake Village, the Property sits within the highly desirable Conejo Valley submarket, which has observed only 1,900 square feet of new office deliveries in the past 7 years. With vacancy at 17% and no new development on the horizon, investors can benefit from strong market fundamentals, rising demand, and constrained supply, as evidenced by the Property's 17% occupancy increase since June 2025.

Strategically positioned along the 101 Technology Corridor, the Property benefits from access to a deep labor pool and proximity to over 200 innovation-driven companies in technology, life sciences, and defense. The surrounding area boasts median household incomes exceeding $150,000, top-rated public schools, and immediate access to premier amenities including luxury hotels, retail destinations, and recreational offerings—further enhancing its appeal to both businesses and employees.

With its combination of stable in-place income, strategic vacancy, and exceptional location within a high-barrier-to-entry submarket, The Heritage Building represents a rare opportunity for an investor or user to acquire a high-quality asset positioned for both immediate utility and long-term value creation.

Documents

Offering Summary

  • Asking Price
    $10,000,000
  • Price PSF
    $149
  • Property Type
    Office
  • Size
    67,331 SF
  • Available
    22,995 SF
  • Occupancy
    69%
  • Built
    1984
  • Parking
    2.75/1,000 SF
  • Total Acres
    ~3.12 ac

Sale Details

  • Walt
    1.81 Years

Documents

Property Address

30851 Agoura Rd
Agoura Hills, CA 91301

Property Details

  • Property Type
    Office
  • Square Feet
    67,331 SF
  • Available Space (SF)
    17,990 SF
  • Occupancy
    69%
  • Year Built
    1984
  • Stories
    3
  • Parking Ratio
    2.75/1,000 SF
  • Total Parking
    185
  • Tenancy
    Multi
  • Lease Type
    Modified Gross
  • Zoning
    BP-M-FC (Business Park Manufacturing, Freeway C.)
  • Ownership Interest
    Fee Simple
  • Acres
    3.12
  • Total Acres
    3

Property Details

Deal Team

Sean Fulp profile image

Sean Fulp

Vice Chair Vice Chair
Colliers
CA RE Lic. 01389064
Mark Schuessler profile image

Mark Schuessler

Executive Vice President Executive Vice President
Colliers
CA RE Lic. #02033871
Blake Hammerstein profile image

Blake Hammerstein

Associate Vice President Associate Vice President
Colliers
CA RE Lic. 02122555
Eric Longo profile image

Eric Longo

Financial Analyst Financial Analyst
Colliers
CA RE Lic. 02234481

Description

Colliers is pleased to present the opportunity to acquire the fee simple interest in The Heritage Building (the “Property”), a 67,331-square-foot office building in Agoura Hills, California. Currently 69% leased, the Property offers a compelling owner/user or investment opportunity in the heart of the Conejo Valley 101 Technology Corridor, with in-place cash flow supporting near-term stability and flexible vacancy allowing for a customized corporate footprint in a premier location.

Located at the intersection of Agoura Hills and Westlake Village, the Property sits within the highly desirable Conejo Valley submarket, which has observed only 1,900 square feet of new office deliveries in the past 7 years. With vacancy at 17% and no new development on the horizon, investors can benefit from strong market fundamentals, rising demand, and constrained supply, as evidenced by the Property's 17% occupancy increase since June 2025.

Strategically positioned along the 101 Technology Corridor, the Property benefits from access to a deep labor pool and proximity to over 200 innovation-driven companies in technology, life sciences, and defense. The surrounding area boasts median household incomes exceeding $150,000, top-rated public schools, and immediate access to premier amenities including luxury hotels, retail destinations, and recreational offerings—further enhancing its appeal to both businesses and employees.

With its combination of stable in-place income, strategic vacancy, and exceptional location within a high-barrier-to-entry submarket, The Heritage Building represents a rare opportunity for an investor or user to acquire a high-quality asset positioned for both immediate utility and long-term value creation.

Documents

Offering Summary

  • Asking Price
    $10,000,000
  • Price PSF
    $149
  • Property Type
    Office
  • Size
    67,331 SF
  • Available
    22,995 SF
  • Occupancy
    69%
  • Built
    1984
  • Parking
    2.75/1,000 SF
  • Total Acres
    ~3.12 ac

Sale Details

  • Walt
    1.81 Years

Documents

Property Address

30851 Agoura Rd
Agoura Hills, CA 91301

Property Details

  • Property Type
    Office
  • Square Feet
    67,331 SF
  • Available Space (SF)
    17,990 SF
  • Occupancy
    69%
  • Year Built
    1984
  • Stories
    3
  • Parking Ratio
    2.75/1,000 SF
  • Total Parking
    185
  • Tenancy
    Multi
  • Lease Type
    Modified Gross
  • Zoning
    BP-M-FC (Business Park Manufacturing, Freeway C.)
  • Ownership Interest
    Fee Simple
  • Acres
    3.12
  • Total Acres
    3

Property Details

Deal Team

Sean Fulp profile image

Sean Fulp

Vice Chair Vice Chair
Colliers
CA RE Lic. 01389064
Mark Schuessler profile image

Mark Schuessler

Executive Vice President Executive Vice President
Colliers
CA RE Lic. #02033871
Blake Hammerstein profile image

Blake Hammerstein

Associate Vice President Associate Vice President
Colliers
CA RE Lic. 02122555
Eric Longo profile image

Eric Longo

Financial Analyst Financial Analyst
Colliers
CA RE Lic. 02234481
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