This property is Off-Market
25222 El Paseo
Mission Viejo, CA 92691 ·
30,000 SF · Retail For Sale
Borders Book Store
|Building Size||30,000 SF||Occupancy||100%|
|Property Sub-type||Free Standing Bldg||Year Built||1994|
|Property Use Type||Investment||Lot Size||2.53 AC|
|Listing ID: 14434188||Date Created: 12/12/2005||Last Updated: 12/12/2005|
CB Richard Ellis is pleased to offer for sale a 30,000 square foot freestanding building on 2.53 acres of land. Borders Book Store - Mission Viejo is offered at a 5.75% cap rate with an operating income of $892,420.
Adjacent to Interstate 5 freeway in Mission Viejo, Located in premiere retail complex area. More than 300,000 cars per day travel on Interstate 5.
- Nationally recognized credit tenant Borders, Inc.
- Long term lease - 14 years remaining
- No in place financing.
- No landlord responsibilities
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