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 66% 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 13% 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 14% 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.
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 13% 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 14% 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.
Offering Summary
- Asking Price$11,000,000
- Price PSF$163
- Property TypeOffice
- Size67,331 SF
- Available22,995 SF
- Occupancy66%
- Built1984
- Parking2.75/1,000 SF
- Total Acres~3.12 ac
Documents
Property Address
30851 Agoura Rd
Agoura Hills, CA 91301
Property Details
- Property TypeOffice
- Square Feet67,331 SF
- Available Space (SF)32,448 SF
- Occupancy66%
- Year Built1984
- Stories3
- Parking Ratio2.75/1,000 SF
- Total Parking185
- TenancyMulti
- Lease TypeModified Gross
- ZoningBP-M-FC (Business Park Manufacturing, Freeway C.)
- APN2061-001-016 & 018
- Ownership InterestFee Simple
- Acres3.12
Deal Team


Mark Schuessler
Executive Vice President Executive Vice President
Colliers CA RE Lic. 02033871

Blake Hammerstein
Associate Vice President Associate Vice President
Colliers CA RE Lic. 02122555

Eric Longo
Financial Analyst Financial Analyst
Colliers CA RE Lic. 02234481



