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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

Property Taxes

Parcel Numbers
Multiple
  • 740-016-02
  • 740-016-03
Land Assessment
$12,573,444
Improvements Assessment
$5,995,843
Total Assessment
$18,569,287
  • Listing ID: 40515069

  • Date on Market: 5/13/2026

  • Last Updated:

  • Address: 28331-28371 Marguerite Pky, Mission Viejo, CA 92692

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