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Lee & Associates-LA North/Ventura Transacts 3,100 SF Owner-User Retail Sale

06/04/2014

Free-standing building draws multiple offers

 

AGOURA HILLS, CA – June 4, 2014 – An owner-user has acquired a 3,100-square-foot retail building at 5076 Chesebro Road in Agoura Hills, CA for $1,150,000, according to Cheri Blessing and Mike Tingus of Lee & Associates-LA North/Ventura.

The free-standing building attracted a number of offers, and sold very close to list price, said Blessing, a Lee associate, who, with Tingus, represented the seller, a private family trust.

“The property enjoys a stellar corner location at the Chesebro Road on/off ramp of the Ventura (101) Freeway with freeway visibility in a very well-traveled corridor,“ Blessing added.  “And the current environment is ideal for owner-user purchases because SBA financing is readily available with low down payments, and interest rates are still at record lows.”

The buyer, who will operate Dioji K-9 Resort & Athletic Club, a Santa Barbara-based doggie day care and boarding center at the property, was represented by Joe Lopez of Westcord Commercial Real Estate Services.

06/04/2014 - 09:00

Source

Lee & Associates

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