Unique owner/user opportunity with various suite sizes to accommodate an owner/user from 1,000 to 5,415 square feet with building signage. Suite 140 (2,780 SF) recently signed a 10 year lease with annual increases which generates attractive cash flow. Remaining space in the building is zoned general office. Capitalize on aggressive SBA financing requiring only 10% down between 4.15% to 4.35% including financing tenant improvements.
16,698 SF Freestanding Flex Building. Approximately 12,359 SF 2-Story Office. 3 Ground Level Truck Doors. 800 AMPS - 277/480V. 2.7:1 Parking Ratio. 22
Marcus & Millichap is pleased to present Silverado Plaza located in the master planned community of Mission Viejo, California. The property is located off the South West corner of Jeronimo Road and Los Alisos Boulevard. The real estate consists of 18,509 square feet of improvements sitting on a 1.5 acre parcel. The property is located off the South West corner of Jeronimo Road and Los Alisos Boulevard where traffic counts exceed 40,000 vehicles per day. The property is 100% stabilized with a very low historical vacancy. Current rents at the subject property average $21 per square foot, NNN. Typical retail rents in the submarket average $36 NNN, allowing the investor rental upside as leases roll. The property is anchored by Apple Tree Montessori Preschool occupying 31% of the gross lease able area, with 4% annual rental increases and 10 plus years remaining on the lease. The real estate was tastefully renovated in 2014 with stacked rock pillars and a new roof. The investment offers a secure income stream with upside potential, in a very desirable South Orange County location.
Los Alisos Village was constructed in 1982 and is situated on approximately 4.56 acres. National and regional retailers within the collateral include AutoZone, Baskin Robbins, and Taco Mesa. The property' s tenants are set amid an open-air layout, which provides a pedestrian-friendly atmosphere. The property provides an investor with a value-add opportunity with the ability to implement a lease-up strategy. Specifically, there is approximately 2,865 square feet of vacant space within the subject property, which represents approximately nine percent of the GLA.
Income / Business
A beautiful 6-bed elderly care home with gross income of $20,000/month in the center of South Orange county. Great location and perfect care home. Close to shopping centers, hospitals and parks...Just miles away from of largest retirement communities "Leisure World" and "Laguna Woods". Seller is willing to help with licensing and initial training. Care givers can stay upon request. A total turnkey solution for investors or experienced RCFE operators for expansion. Hard-to-find luxury care home in a hot senior care market in South Orange County. CALL LISTING AGENT NOW FOR SHOWING AND DRIVING INSTRUCTIONS . DON"T DISTURB EMPLOYEES AND RESIDENTS. BY SELLER"S REQUEST, PLEASE DON"T DISCUSS THE TRANSACTION IN FRONT OF EMPLOYEES AND RESIDENTS.
" Land pad for sale asking $1,200,000 " Buildable up to 4,000 sq.ft. of commercial space " Prime South Orange County Location " High Profi le, Pad location in front of Von' s and CVS anchored shopping center " Affl uent Residential Population " Signalized entrance " Easy Access & Visibility from The Foothill Toll Road (SR-241) " Great building and monument signage
Free-standing medical/office building with a dramatic two-story lobby, extensive window lines, granite and marble accents, and with high-end tenant improvements in-place throughout the building. This building is the premier location within the office/medical park and enjoys prominent visibility, signage, access, and parking. A medical user can occupy the entire first floor.
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Investment Summary This investment opporunity to acquire a free standing Jiffy Lube building held under a triple net lease. The property lies in an attractive retail center surrounded by businesses including Bravo Burgers, Ramona Tire and Automotive Services, Advance Tech, Saddleback Automotive, EZ Smog Check, Animal Medical Center of Mission Viejo and Samurai Sushi. The absolute triple net lease bears no landlord responsibility, and features 1.0% annual rent increases. The original lease commenced in 1989, so the property is midway through it' s first option period. The 2nd option period will commence on November 1, 2019. Highlights: »» Located next to large shopping center containing: »» Stein Mart Grocery, Big Lots, Ralphs, Elks Lodge, Launderland, UPS Store, Yogurtland, El Pollo Loco, Carl' s Jr., Chase Bank, Pizza Hut, Flame Broiler, Round Table Pizza »» Situated directly West of Civic Center where Mission Viejo City Hall, Library and Community Development Center are located »» One-mile average household income is greater than $140,00