26941 Crown Valley Pkwy
Mission Viejo, CA 92691
Bank of the West · Retail Property For Sale

The subject property sits at the signalized corner of Crown Valley Parkway and Dr. Guevara Drive where the average daily traffic count exceeds 79,000 cars per day at the intersection. The real estate is well positioned in the trade area, in close proximity to Mission Hospital (552 bed acute care full service hospital and designated regional trauma center), the on and off ramps to the Interstate 5 Freeway (305,000 cars per day), the Kaleidoscope Courtyard (243,660 square foot entertainment and retail property) and The Shops At Mission Viejo, a 989,990 square foot Super Regional Mall. This location is a prime corner in one of the busiest areas in the city of Mission Viejo attracting business from all areas in south Orange County. Bank of the West has served this location for over 25 years and continues to thrive with over $80M in annual deposits. The investment is an absolute net leased investment where the tenant is responsible for the all expenses including the roof and structure. There are maximum 2% annual rent increases according to CPI, with 3 (5-year) options. This offering represents a core plus investment opportunity in one of Southern California’s best communities based on variety of metrics some of which include demographics, household income, consumer spending, safety and quality of life. With population over 94,000, Mission Viejo is a dense and highly affluent market where the average household income is over $145,000 and unemployment rate is just 3.6%. The city is conveniently located near a total of five freeway exits, providing it direct access to most of Southern California.