Brad Wiseman Eli Kogman 818-880-9900 818-943-6167 Pinnacle Commercial

LOCATION LOCATION LOCATION 4-TENANT NET LEASED INVESTMENT MAJOR HIGHWAY FRONTAGE 28811 CANWOOD STREET AGOURA HILLS, CALIFORNIA 91301 OFFERED AT: $5,495,000

IDEAL OWNER/USER OR INVESTMENT

RETAIL / OFFICE COMPLEX FRONTING U.S. 101 VENTURA FREEWAY BETWEEN KANAN & CHESEBRO ANCHORED BY:

ARIZONA LEATHER FURNITURE

FOR MORE INFORMATION, CONTACT: BRAD WISEMAN ELI KOGMAN 818-880-9900 818-943-6167 PINNACLE COMMERCIAL

The information contained herein is deemed reliable. Neither owner or agent herein makes any warranties or rep- resentations as the the accuracy of the information contained herein. Buyer is strongly advised to verify all information pertaining to this offering with the consultation of applicable professionals (property inspectors, account- ants, attorneys, etc.) OFFERING SUMMARY

Location Prime Retail/Office Complex 28811 Canwood Street Agoura Hills, CA 91301

Offering Summary IDEAL OWNER USER OR INVESTOR Price $5,495,000 4- Tenant Retail/Office Complex Proforma N.O.I. $265,129 Interstate 101 Freeway Visibility Capitalization Rate 4.82% Nestled in Agoura Hills Price Per Square Foot $376 Net Rentable Area 14,600

Year Built 2006 Lot Size (Acres) .88 Parking (2.74/1000 Ratio) 40

FOR MORE INFORMATION, CONTACT: BRAD WISEMAN ELI KOGMAN 818-880-9900 818-943-6167 PINNACLE COMMERCIAL

INVESTMENT HIGHLIGHTS

4-Tenant Shopping Center 14,600+/- square foot Investment 5,000+ square feet available for immediate occupancy / ideal for owner/user Arizona Leather recently renewed for a new 5-year term & has a 10+ year history Second Floor Pilates has 3 years remaining and has a 10+ year history Below market rents with great upside potential Prime Location surrounded by national retailers and landmark properties alike

FOR MORE INFORMATION, CONTACT: BRAD WISEMAN ELI KOGMAN 818-880-9900 818-943-6167 PINNACLE COMMERCIAL

LEASE SUMMARY

TENANT LEASE END SQ FEET ANNUAL RENT TYPE Arizona Leather 03/31/2025 6,552 $169,042 MG Second Floor Pilates 08/31/2023 2,020 $ 41,153 MG Available 1,000 $ 25,800 MG Available 5,028 $129,722 MG Total: 14,600 $365,717

Current rents may be at below market rents, providing a potential buyer with great upside potential.

FOR MORE INFORMATION, CONTACT: BRAD WISEMAN ELI KOGMAN 818-880-9900 818-943-6167 PINNACLE COMMERCIAL

AGOURA HILLS—AREA INFORMATION

AGOURA HILLS is a city in Los Angeles County, California. Its population was 20,330 at the 2010 census[7] and an estimated 20,222 in 2019.[8] It is in the eastern Conejo Valley between the Simi Hills and the Santa Monica Mountains. The city is in western Los Angeles County and is bordered to the north by Ventura County. It is 35 miles (56 km) northwest of Downtown Los Angeles and less than 10 miles (16 km) west of the Los Angeles city lim- its at Woodland Hills. Agoura Hills and unincorporated Agoura sit next to Calabasas, Oak Park, and Westlake Village.

HISTORY

The area was first settled by the Chumash Native Americans around 10,000 years ago.[11] The Alta Califor- nia (Upper California) coast was settled by Spanish Franciscan missionaries in the late 18th century.

In about 1800, Miguel Ortega was granted a Spanish grazing concession called Rancho Las Virgenes or El Ran- cho de Nuestra Señora La Reina de Las Virgenes. The grant was abandoned after Ortega's death in 1810, and José Maria Dominguez was given Rancho Las Virgenes as a Mexican land grant in 1834. Maria Antonia Machado de Reyes purchased the rancho from Dominguez in 1845. (The "Reyes Adobe" ranch headquarters sits today in central Agoura Hills, where it is part of the Reyes Adobe Museum built around 2004 and owned by the Los Angeles County Parks and Recreation Department.[12])

By 1900, the area was being used as a popular stage stop for travelers because of its natural spring. In the 1920s, the community was briefly known as Picture City, as Paramount Pictures owned a ranch known as Paramount Ranch used for filming Westerns.[13] To obtain a post office of their own, the residents were required to choose a one-word name, and in 1927 chose the shortest name proposed: a misspelling of the last name of Pierre Agoure, a local Basque man and French immigrant who had settled in the area in 1871 to live the lifestyle of the Mexican rancher. Styling himself Don Pierre Agoure, he was a successful sheep herder and had a reputation as a swashbuckler.[14]

Agoura began to grow in the late 1960s after the Ventura Freeway section of U.S. Route 101 was built through the area, dividing the community into northern and southern sections. The first housing tracts in Agoura were Hillrise, Liberty Canyon and Lake Lindero. Rapid growth continued during the 1970s, when schools were built and much of downtown erected.

In 1982, the residents of the proposed city voted in favor of cityhood by a 68% majority. Agoura Hills became the 83rd City in Los Angeles County. Elected to the first City Council were Mayor Fran Pavley, Mayor Pro Tem Carol Sahm, Councilmembers Ernest Dynda, John Hood, and Vicky Leary.[15] Incorporating a year after neighbor- ing Westlake Village, the drive for cityhood in the region was largely based on public discontent with the county's failure to limit residential development of the area, motives that influenced Calabasas to follow suit in 1991.[16]

The 1980s was a period of growth, with large land areas being subdivided into housing tracts. In the 1990s, busi- nesses set up shop in the downtown including shops and restaurants.

In 1995, the murder of Jimmy Farris (the infamous Brandon Hein case) awakened the city to a rising drug problem and petty theft by its young. As a result, the city began sponsoring live music competitions and concerts in local parks.

In November 2018, the Woolsey Fire occurred during Santa Ana winds burning through the community.[17] One vic- tim was found on Tuesday November 13 in the 32000 block of Lobo Canyon Road.[18][19]In2010, Playboy named Jasper's, a local bar, one of the top 10 dive bars in the country.[13] AGOURA HILLS—AREA INFORMATION

DEMOGRAPHICS

At the 2010 census Agoura Hills had a population of 20,330. The population density was 2,599.0 people per square mile (1,003.5/km²). The racial makeup of Agoura Hills was 17,147 (84.3%) White, (78.6% Non- Hispanic White), 267 (1.3%) African American, 51 (0.3%) Native American, 1,521 (7.5%) Asian, 24 (0.1%) Pacific Islander, 590 (2.9%) from other races, and 730 (3.6%) from two or more races. Hispanic or Latino of any race were 1,936 persons (9.5%).[30]

The census reported that 20,242 people (99.6% of the population) lived in households, 15 (0.1%) lived in non- institutionalized group quarters, and 73 (0.4%) were institutionalized. There were 7,327 households, 2,799 (38.2%) had children under the age of 18 living in them, 4,565 (62.3%) were opposite-sex married couples living together, 726 (9.9%) had a female householder with no husband present, 302 (4.1%) had a male householder with no wife present. There were 263 (3.6%) unmarried opposite -sex partnerships, and 36 (0.5%) same-sex married couples or partnerships. 1,346 households (18.4%) were one person and 438 (6.0%) had someone living alone who was 65 or older. The average household size was 2.76. There were 5,593 families (76.3% of households); the average family size was 3.15.

The age distribution was 4,904 people (24.1%) under the age of 18, 1,582 people (7.8%) aged 18 to 24, 4,465 people (22.0%) aged 25 to 44, 7,089 people (34.9%) aged 45 to 64, and 2,290 people (11.3%) who were 65 or older. The median age was 42.4 years. For every 100 females, there were 97.2 males. For every 100 females age 18 and over, there were 94.6 males.

There were 7,585 housing units at an average density of 969.7 per square mile, of the occupied units 5,715 (78.0%) were owner-occupied and 1,612 (22.0%) were rented. The homeowner vacancy rate was 0.5%; the rental vacancy rate was 6.8%. 16,111 people (79.2% of the population) lived in owner-occupied housing units and 4,131 people (20.3%) lived in rental housing units. The median household income was $107,885, accord- ing to the 2010 United States Census, with 7.1% of the population living below the federal poverty line. Population Population: 20,330 Median Age: 38.5 years Under 18 Years: 24.1% Ages 18 - 54 Years: 64.6% 65 Years and Older: 11.3%

Ethnicity White (Non-Hispanic) 78.6% Hispanic 9.5% Black 1.3% Indian 0.1% Asian 7.4% Islander < 0.1% Other 0.3% Two or more 2.8%

Households Total Housing Units: 7,585 Average Household Size: 2.82 Homeownership: 81.5% Median Income: $110,257 Median Home Value: $756,400

Statistics compiled from U.S. Census Bureau 2010

AGOURA HILLS—AREA MAPS

WE ARE IN GOOD COMPANY Trader Joe’s Tesla Service Center

Wood Ranch BBQ Reeds Furniture

The Canyon Club Warehouse Appliances

McDonald’s Italia Deli

CVS Pharmacy Café Bizou

Pacific Outdoor Furniture Ethan Allen

Lazy Boy Furniture Costco

Tutor Time of Agoura Hills United States Post Office