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26940 Crown Valley Pky 33,490 SF of Retail Space Available in Mission Viejo, CA 92691
Sublease Highlights
- Situated at Crown Valley Parkway exit on Interstate 5
- Demographic Strength: 3-mile median household income estimated at $136,460, reinforcing retail spending power
- Metropolitan connectivity with Orange County commuter rail (Metrolink) 1.8 miles away
- Building Size: Approximately 23,540 SF (site component within The Gateway)
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 33,490 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | TBD |
1st Floor
- High-profile freestanding building - Situated along the major arterial in a difficult area to penetrate - Strong daytime population with hospital being located across the street
- Sublease space available from current tenant
- Fully Built-Out as Standard Retail Space
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
Property Facts
| Total Space Available | 33,490 SF | Year Built/Renovated | 1975/2022 |
| Property Type | Retail | Parking Ratio | 2.12/1,000 SF |
| Gross Leasable Area | 34,000 SF |
| Total Space Available | 33,490 SF |
| Property Type | Retail |
| Gross Leasable Area | 34,000 SF |
| Year Built/Renovated | 1975/2022 |
| Parking Ratio | 2.12/1,000 SF |
About the Property
The property located at 26940 Crown Valley Parkway, Mission Viejo, California, is part of The Gateway, a retail asset positioned along Crown Valley Parkway at the Interstate 5 freeway exit. The property covers approximately 2.75 acres according to county records, and forms part of a larger site totaling approximately 43,000 square feet of improvements across 4.275 acres acquired in 2020 by Burnham-Ward Properties Designated for retail use under zoning for commercial neighborhood centers, the building footprint comprises approximately 23,540 square feet on this parcel, as noted in the property record. The site is located within Orange County’s Mission Viejo submarket, offering direct freeway access and serving a significant trade area with dense residential developments and lifestyle traffic drivers. FEMA mapping indicates the location within Flood Zone B and X, indicating moderate hazard classification
- Signalized Intersection
Nearby Major Retailers
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26940 Crown Valley Pky
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