Mission Viejo, a master-planned community in Orange County, California, is an ideal location for a Retail Space For Lease. With its strong focus on sports, recreation, and family-friendly activities, the city attracts a diverse demographic. The presence of institutions like Saddleback College, the University of California, Irvine, and Chapman University ensures a steady flow of students, faculty, and staff, making it an attractive location for retail businesses. Additionally, the city's infrastructure, including transportation services like the Orange County Transportation Authority (OCTA) bus routes and the Metrolink train station, provides easy access to the city, making it an ideal location for businesses. The city's amenities, such as Lake Mission Viejo, the Mission Viejo Youth Athletic Park, and the Shops at Mission Viejo, also contribute to its appeal. With a population of around 90,000, Mission Viejo offers a unique blend of suburban charm and urban convenience, making it an attractive location for businesses and residents alike.
Mission Viejo's Retail Space For Lease market offers a range of opportunities, with 41 listings available. The average annual rent per square foot is $34 USD, with a minimum of $24 USD and a maximum of $51 USD. The average size of Retail Space For Lease in Mission Viejo is 4,503 square feet, with a minimum of 382 square feet and a maximum of 46,076 square feet. In addition to Retail Space, Mission Viejo also offers a range of other property types, including Restaurants, Medical Offices, and Office Space. Restaurants in Mission Viejo benefit from the city's strong focus on dining and entertainment, while Medical Offices are well-positioned to serve the city's growing population. Office Space in Mission Viejo offers a range of opportunities, from small startups to large corporations, with companies like Marie Callender's already calling the city home. Overall, Mission Viejo's diverse economy and range of property types make it an attractive location for businesses and investors alike.
What is the average cost per square foot for retail space in Mission Viejo?
In Mission Viejo, the average annual rent per square foot for retail space is $34 USD.
How do anchor tenants affect surrounding retail space leases?
Anchor tenants, such as department stores or grocery stores, can positively impact surrounding retail space leases in Mission Viejo by increasing foot traffic and attracting a steady customer base, which can lead to higher demand and rents for nearby retail spaces, with currently 41 available listings, averaging $34 USD per square foot, and ranging in size from 4,503 square feet to 46,076 square feet.
