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28331-28371 Marguerite Pky
Mission Viejo, CA 92692
The Anchors at LOCAL | Mission Viejo, CA · Retail Property For Sale
Investment Highlights
- Situated in Mission Viejo, within one of Orange County's most affluent and supply-constrained retail corridors.
- ?Rancho Mission Viejo adds ~9,000 existing homes, 1,000 under construction, and a long-term master plan totaling 14,000 units
- ?Recent long-term lease executions have extended the WALT to 7.4 years, supporting stable cash flow and mitigating near-term rollover exposure.
- ?5-mile trade area encompasses more than 289,000 residents, with average household incomes of $191,000 within 3 miles.
- Features nationally and regionally recognized retailers including Ferguson Home (NYSE: FERG; LSE: FERG), Joybird (NYSE: LZB), and Terra Outdoor Living
- ?Adjacent to The Shops at Mission Viejo, drawing approximately 5.4 million annual visits (per Placer.ai).
Property Facts
Property Type
Retail
Property Subtype
Storefront
Building Size
31,208 SF
Building Class
A
LoopNet Rating
4 Star
Year Built/Renovated
1980/2022
Tenancy
Multiple
Building Height
2 Stories
Amenities
- Freeway Visibility
- Pylon Sign
- Signage
- Signalized Intersection
- Wheelchair Accessible
- Air Conditioning
Property Taxes
| Parcel Numbers | Improvements Assessment | $5,995,843 | |
| Land Assessment | $12,573,444 | Total Assessment | $18,569,287 |
Property Taxes
Parcel Numbers
Land Assessment
$12,573,444
Improvements Assessment
$5,995,843
Total Assessment
$18,569,287
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