Colliers Western Region
The Heritage Building

The Heritage Building

30851 Agoura Rd

Agoura Hills, CA 91301

$10,000,000
Asking Price
67,331 SF
Square Feet
69%
Occupancy
Office
Property Type
2.75/1,000 SF
Parking Ratio
~3.12 ac
Acres

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.

Offering Summary

Property TypeOffice
Asking Price$10,000,000
Price PSF$149
Size67,331 SF
Available22,995 SF
Occupancy69%
Built1984
Parking2.75/1,000 SF
Total Acres~3.12 ac

Sale Details

Walt1.81 Years

Documents

Property Address

Property Details

Property TypeOffice
Square Feet67,331 SF
Available Space (SF)17,990 SF
Occupancy69%
Year Built1984
Stories3
Parking Ratio2.75/1,000 SF
Total Parking185
TenancyMulti
Lease TypeModified Gross
Acres3.12 acres
ZoningBP-M-FC (Business Park Manufacturing, Freeway C.)
Ownership InterestFee Simple
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Deal Team

Sean Fulp

Sean Fulp

Vice Chair
CA RE Lic. 01389064
Mark Schuessler

Mark Schuessler

Executive Vice President
CA RE Lic. #02033871
Blake Hammerstein

Blake Hammerstein

Associate Vice President
CA RE Lic. 02122555
Eric Longo

Eric Longo

Financial Analyst
CA RE Lic. 02234481