Historical Retail Sale Listing - Borders Book Store

Retail For Sale

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Borders Book Store

25222 El Paseo, Mission Viejo, CA 92691

N/A

30,000 SF | Retail

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Retail Property - Off Market

Price:
N/A
Building Size:
30,000 SF
Property Type:
Retail
Property Sub-type:
Free Standing Bldg
Property Use Type:
Investment
Cap Rate:
5.75%
Occupancy:
100%
Tenancy:
Single
Year Built:
1994
Lot Size:
2.53 AC
Listing ID
14434188
Last Updated
over 1 year ago

Highlights

  • Nationally recognized credit tenant Borders, Inc.
  • Long term lease - 14 years remaining
  • No in place financing.
  • No landlord responsibilities

Description

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.

Map of 25222 El Paseo, Mission Viejo, CA 92691 (Orange County)

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Created 12/12/2005