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Investment Highlights
- A High-End, Lifestyle-Oriented Retail Center Recently Rebranded and Renovated to Cater to the Affluent Demographics of South Orange County
- More Than 289,000 Residents Within 5 Miles; AHHI of $191,000 Within 3 Miles
- The Center Features a High-Quality Roster of Nationally and Regionally Recognized Retailers
- The Property Benefits From a Location Within One of Orange County’s Most Affluent and Supply-Constrained Retail Corridors
- Residential Growth at Rancho Mission Viejo Further Strengthens the Demand Profile, With a Long-Term Master Plan Totaling 14,000 Units
- Institutional-Grade Tenant Mix With Long-Term Leases
Executive Summary
"LOCAL" in Mission Viejo, is a high-end, lifestyle-oriented retail center recently rebranded and renovated to cater to the affluent demographics of South Orange County
Property Facts
| Price | $29,700,000 | Status | Active |
| Price / SF | $477.15 / SF | Number of Properties | 2 |
| Cap Rate | 6% | Individually For Sale | 0 |
| Sale Type | Investment | Total Building Size | 62,244 SF |
| Price | $29,700,000 |
| Price / SF | $477.15 / SF |
| Cap Rate | 6% |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 0 |
| Total Building Size | 62,244 SF |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| 28331-28371 Marguerite Pky, Mission Viejo, CA 92692 | Retail | 46,244 SF | 1980 | - |
|
LOCAL (Formerly Mission Viejo Town Center)
28311-28321 Marguerite Pky, Mission Viejo, CA 92692 |
Retail | 16,000 SF | 1980 | - |
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LOCAL | Mission Viejo, CA
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