516 Pennsfield is available to be purchased by a medical or office owner-user buyer. The property is zoned C2 with a parking ratio of 4.46 cars per thousand square feet of space (90 total parking spaces) and is a perfect candidate for a medical tenant. The suites are separately metered and the building is sprinklered. Approximately 47% of the building is vacant, which could be flexed higher to satisfy the SBA's requirement of 50% or more occupancy by you, the buyer. The SBA offers low interest financing at up to 90% loan to value and should also give you a substantial allowance to improve the building for operation of your business.

Location Description:

516 Pennsfield is located just off of Moorpark Road, only 5 minutes from Los Robles Regional Medical Center. It is less than a mile from the 101/23 Freeway interchange and surrounded by restaurants, including: Subway, Chick fil A, Coffee Bean, Peet's coffee & Tea, Pieology Pizzeria, Five Guys Burgers and Fries, Bandits Grill & Bar, Cold Stone Creamery, Buca di Beppo, Draughts Restaurant and Bar, and Panera Bread to name a few. Other

nearby amenities include: Gold's Gym, a US Post Office, Janns Marketplace and The Oaks Mall. More than 71,000 people live within a 3 mile radius of the property with an average household income of $106,452.

Highlights:

>> Los Robles Hospital & Medical Center is Only 2.2 mi Away

>> 90% Loan-to-Value, Low Interest SBA Financing Available

>> 4.46 / 1000 Parking Ratio for Medical Conversion

>> Excellent Thousand Oaks Location Near Janss Marketplace and The Oaks Mall

>> Suites are Separately Metered

>> Building is Fire Sprinklered

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Sales Info:

>> Commision split: 4.0%