450 American Street

450 American Street, Simi Valley, CA 93065

  • For Sale $29,900,000
  • Property Type Office
  • Property Size 206,917 SF
  • Lot Size 10.48 Acre
  • Cap Rate % 11.1
  • Additional Rent Contact for pricing
  • Average Floor Size 104,702 SF
  • Building Class B
  • Year Built 1990
  • Year Renovated 2000
  • Date Updated Sep 5, 2024

Anvers Capital Partners and Peak Commercial, acting as exclusive advisors, proudly present for sale 450 American, an impressive office structure boasting a total area of 209,404 square feet. Set amidst the vibrant surroundings of Simi Valley, California, this remarkable project presents a unique opportunity to acquire a Grade-A asset in one of the most desirable pockets of Los Angeles County.

 

 

Currently fully leased by Bank of America, N.A. (S&P: A+; NYSE: BAC) until December 2025, NNN, the property offers the flexibility to either reposition the asset for future corporate headquarters or owner-user space after Bank of America vacates. This strategic timing provides a potential investor ample runway to secure a new tenant or finalize development plans.

 

 

Originally constructed as an industrial building, 450 American was transformed into office space in the late 90s, capitalizing on its massive ceiling heights and open layout. The property’s strategic location offers excellent regional accessibility, further enhancing its appeal to a variety of potential corporate users. With a parking ratio of 5.5 slots per 1,000 rentable square feet (RSF), it stands out as a highly attractive option for businesses seeking ample parking for employees and visitors alike.

 

The Property, sprawling over an expansive 12.5 acres, is more than just a piece of real estate; it is a distinct and unique business campus. 

 

This offering presents a distinctive opportunity: more than just acquiring real estate, it allows an investor to reposition the space or develop it into a prime corporate headquarters, benefitting from the in-place income while preparing for future value creation.

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Attachments

Contacts

broker
Jack Minassian

Peak Commercial

broker
David Meir

Peak Commercial

Location

Getting Around

  • Walk Score ®

    9/100 Car-Dependent

  • Transit Score ®

    19/100 Minimal Transit

  • Bike Score ®

    8/100 Somewhat Bikeable
Powered by Walk Score ®
  • City Simi Valley, CA
  • Zip Code 93065
  • Market Los Angeles

Points of Interest

  • Moorpark

    5.23 miles

  • Piru

    8.83 miles

  • Costco Gasoline

    0.55 miles

  • Chevron

    0.64 miles

  • 76

    1.11 miles

  • Mobil

    1.14 miles

  • Shell

    1.20 miles

  • Arco

    1.21 miles

  • Blink

    5.31 miles

  • ChargePoint

    8.41 miles

  • Erringer Park And Ride

    1.45 miles

  • Sycamore Dr Park And Ride

    2.43 miles

  • bus parking

    2.66 miles

  • Staff Parking

    2.74 miles

  • Moorpark College Park And Ride

    3.20 miles

  • Tapo Canyon Park And Ride

    3.91 miles

  • Simi Valley Metrolink and Amtrak

    5.33 miles

  • Happy Camp Canyon Trailhead Parking

    5.39 miles

  • Stearns Park And Ride

    5.42 miles

  • Rock Ridge Open Space Trail Head Parking

    6.84 miles

  • Grand Vista Hotel

    0.38 miles

  • Courtyard Ventura Simi Valley

    0.52 miles

  • Best Western Posada Royale Hotel & Suites

    1.38 miles

  • Motel 6

    1.52 miles

  • Holiday Inn Express Simi Valley

    1.53 miles

  • Fairfield Inn & Suites Moorpark Ventura County

    4.26 miles

  • Extended Stay America - Los Angeles - Simi Valley

    5.54 miles

  • Avalon Thousand Oaks Plaza

    8.24 miles

  • Best Western Plus Thousand Oaks Inn

    9.19 miles

  • Hyatt Regency

    9.42 miles

  • Del Taco

    0.50 miles

  • Panda Express

    0.56 miles

  • Market Broiler

    0.57 miles

  • Dake Sushi

    0.58 miles

  • Panda Wok

    0.58 miles

  • The Dugout Sports Grill

    0.59 miles

  • Kalaveras

    0.61 miles

  • Chili's

    0.61 miles

  • Jack in the Box

    0.62 miles

  • Firehouse Subs

    0.67 miles

  • Arroyo Elementary School

    1.04 miles

  • Park View Elementary School

    1.26 miles

  • Simi Valley Adventist School

    1.32 miles

  • Sinaloa Middle School

    1.47 miles

  • Saint Rose of Lima Elementary School

    1.63 miles

  • Tiny Tot Preschool

    1.69 miles

  • Madera Elementary School

    1.70 miles

  • Monte Vista School

    1.78 miles

  • Royal High School

    1.84 miles

  • Atherwood Elementary School

    2.03 miles

  • La Petite Academy

    1.44 miles

  • CBE Preschool

    1.56 miles

  • Justin Early Learners Academy

    1.90 miles

  • Simi Valley Montessori Preschool

    1.92 miles

  • Grace Brethren Preschool

    2.52 miles

  • Tutor Time

    3.28 miles

  • Kids N Things

    4.26 miles

  • Little Scholars Montessori

    5.26 miles

  • Little Explorers Preschool Academy

    5.41 miles

  • KinderCare Thousand Oaks

    6.23 miles

Frequently Asked Questions

How much does 450 American Street cost?

The space currently listed for sale at 450 American Street asks for $29,900,000.

What is the total square footage of 450 American Street?

450 American Street totals 206,917 square feet.

When was this property built?

450 American Street was built in 1990.

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