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28331-28371 Marguerite Pky
Mission Viejo, CA 92692

$19,240,000 USD

Storefront For Sale  •  46,244 SF

Property Details

  • Property Type Storefront
  • Total Building Size 31,208 SF
  • Building Class A
  • Year Built 1980
  • Cap Rate 5.75 %
  • Tenancy Multiple
30 Transit Score
40 Walk Score

Highlights

Situated in Mission Viejo, within one of Orange County's most affluent and supply-constrained retail corridors.
?5-mile trade area encompasses more than 289,000 residents, with average household incomes of $191,000 within 3 miles.
?Rancho Mission Viejo adds ~9,000 existing homes, 1,000 under construction, and a long-term master plan totaling 14,000 units
Features nationally and regionally recognized retailers including Ferguson Home (NYSE: FERG; LSE: FERG), Joybird (NYSE: LZB), and Terra Outdoor Living
?Recent long-term lease executions have extended the WALT to 7.4 years, supporting stable cash flow and mitigating near-term rollover exposure.
?Adjacent to The Shops at Mission Viejo, drawing approximately 5.4 million annual visits (per Placer.ai).
Cap Rate: 5.75 %

Major Tenants

Tenant SF Occupied Lease End Date
Ferguson Home 11/13/2029
JoyBird
Terra Outdoor Living 11/22/2028
Woodbridge Interiors

Amenities

  • Freeway Visibility
  • Pylon Sign
  • Signage
  • Signalized Intersection
  • Wheelchair Accessible
  • Air Conditioning

Public Transportation

Commuter RailDriveWalkDistance
Laguna Niguel/Mission Viejo (Inland Empire-Orange County Line - Southern California Regional Rail Authority (Metrolink), Orange County Line - Southern California Regional Rail Authority (Metrolink)) 3 min 19 min 1.0 mi
San Juan Capistrano (Inland Empire-Orange County Line - Southern California Regional Rail Authority (Metrolink), Orange County Line - Southern California Regional Rail Authority (Metrolink)) 8 min - 4.6 mi
Transit/SubwayDriveWalkDistance
Laguna Niguel/Mission Viejo (Inland Empire-Orange County Line - Southern California Regional Rail Authority (Metrolink), Orange County Line - Southern California Regional Rail Authority (Metrolink)) 3 min 19 min 0.9 mi
AirportDriveWalkDistance
John Wayne/Orange County 23 min - 18.5 mi
Long Beach (Daugherty Field) 47 min - 38.5 mi
Ontario International 63 min - 47.2 mi

Parking Details

Parking Available: Yes
Reserved: No
Type: Surface
Included in Rent: Yes
Kevin Fryman 844-585-7674 Hanley Investment Group
Kevin Fryman 844-585-7674 Hanley Investment Group