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For SALE/LEASE Former Mission Viejo Toys R Us 25362 El Paseo 44,960 SF Retail Building Mission Viejo, CA 92691 $17,500,000 ($389.23/SF) 5.90% Cap Rate
INVESTMENT HIGHLIGHTS
- Unobstructed Visibility from Interstate 5
EXECUTIVE SUMMARY
FOR SALE or FOR LEASE
Freestanding building that is located amongst a group of a big box retailers which include a newly relocated Michaels, Best Buy, Bed Bath & Beyond, Petco. Cost Plus World Market among others.
Unobstructed visibility from Interstate 5 which sees approximately 106,000 vehicles per day.
Exceptional local demographics with 159,900 people living within 3 miles and earning in excess of $121,000.
One of the top producing Toys R Us locations at $243 per square foot.
Double loading docks
Freestanding building that is located amongst a group of a big box retailers which include a newly relocated Michaels, Best Buy, Bed Bath & Beyond, Petco. Cost Plus World Market among others.
Unobstructed visibility from Interstate 5 which sees approximately 106,000 vehicles per day.
Exceptional local demographics with 159,900 people living within 3 miles and earning in excess of $121,000.
One of the top producing Toys R Us locations at $243 per square foot.
Double loading docks
PROPERTY FACTS
Sale Type
Investment or Owner User
Sale Condition
1031 Exchange
Property Type
Retail
Property Subtype
Building Size
44,960 SF
Building Class
B
Year Built
1995
Price
$17,500,000
Price Per SF
$389.23
Cap Rate
5.90%
NOI
$1,032,231
Tenancy
Single
Building Height
1 Story
Loading Docks
2 Exterior
Building FAR
0.28
Lot Size
3.69 AC
Zoning
CC - CH (Commercial Highway) Zone
Parking
243 Spaces (5.4 Spaces per 1,000 SF Leased)
Frontage
108’ on El Paseo
AMENITIES
- Freeway Visibility
- Security System
- Signage
- Tenant Controlled HVAC
- Storage Space
- Monument Signage
- Air Conditioning
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 784-661-06 | Improvements Assessment | $1,968,561 |
| Land Assessment | $4,593,315 | Total Assessment | $6,561,876 |
PROPERTY TAXES
Parcel Number
784-661-06
Land Assessment
$4,593,315
Improvements Assessment
$1,968,561
Total Assessment
$6,561,876
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Presented by
Western Smart Realty
For SALE/LEASE Former Mission Viejo Toys R Us | 25362 El Paseo
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