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27672 Crown Valley Pky 6,100 SF Vacant Retail Building Mission Viejo, CA 92691 $6,142,048 CAD ($1,006.89 CAD/SF)
INVESTMENT HIGHLIGHTS
- Very well located, just off the 5 Freeway
- Excellent SBA financing target for an owner/user (vacancy is 50.16% of the GLA)
- Directly across from Kaleidoscope and adjacent to The Shops at Mission Viejo and the regional Providence Mission Hospital
EXECUTIVE SUMMARY
Lee & Associates – Newport Beach is pleased to exclusively offer for sale or lease the two-tenant retail building located just off the 5 Freeway at 27672 Crown Valley Pkwy in Mission Viejo. One space is occupied by long-term tenant Mission Park Pet Hospital and the other space is vacant, having most recently been occupied by a credit union. The current in-place NOI is ±$125,552 (2.85% cap rate). Projected proforma NOI, assuming a $4.00psf NNN lease for the vacant Suite A space, is ±$289,786 (6.59% cap rate). This could potentially be increased by converting Mission Park Pet Hospital's modified gross lease to NNN when their lease expires in January 2028.
Mission Park Pet Hospital’s modified gross lease expires in January 2028 with no option to renew. Their premises is ±3,040 sq ft inclusive of a ±1,000 sq ft 2nd floor office space. Their current monthly rent is $13,357 ($4.39psf modified gross).
The vacant space is ±3,060 sq ft and is near turn-key for an office/financial services type user. Asking rent is $4.25psf NNN. This vacancy is ±50.16% of the building making the property a perfect SBA financing target for an owner/user!
Mission Park Pet Hospital’s modified gross lease expires in January 2028 with no option to renew. Their premises is ±3,040 sq ft inclusive of a ±1,000 sq ft 2nd floor office space. Their current monthly rent is $13,357 ($4.39psf modified gross).
The vacant space is ±3,060 sq ft and is near turn-key for an office/financial services type user. Asking rent is $4.25psf NNN. This vacancy is ±50.16% of the building making the property a perfect SBA financing target for an owner/user!
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
6,100 SF
Building Class
B
Year Built
1973
Price
$6,142,048 CAD
Price Per SF
$1,006.89 CAD
Percent Leased
Vacant
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.33
Lot Size
0.42 AC
Zoning
CR - Commercial Regional
Parking
20 Spaces (3.28 Spaces per 1,000 SF Leased)
Frontage
137’ on Crown Valley Pky
AMENITIES
- Signage
- Monument Signage
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE TYPE
- LEASE END
- Carma Pet Rescue
- Services
- -
- -
- -
- -
- DMES Medical
- Wholesaler
- -
- -
- Triple Net
- Dec 2018
- Financial Partners Credit Union
- Finance and Insurance
- -
- -
- Triple Net
- Jun 2024
- Jax Bicycle Center
- Retailer
- -
- -
- -
- -
- Mission Park Pet Hospital
- Professional, Scientific, and Technical Services
- -
- -
- -
- -
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE TYPE | LEASE END | |
| Carma Pet Rescue | Services | - | - | - | - | |
| DMES Medical | Wholesaler | - | - | Triple Net | Dec 2018 | |
| Financial Partners Credit Union | Finance and Insurance | - | - | Triple Net | Jun 2024 | |
| Jax Bicycle Center | Retailer | - | - | - | - | |
| Mission Park Pet Hospital | Professional, Scientific, and Technical Services | - | - | - | - |
SPACE AVAILABILITY
- SPACE
- SIZE
- SPACE USE
- POSITION
- AVAILABLE
Former credit union space in excellent condition. Near turn-key condition for any financial services or office/retail tenant. Available now. Video walkthrough link on front page of marketing brochure.
| Space | Size | Space Use | Position | Available |
| A | 3,060 SF | Retail | - | Now |
A
| Size |
| 3,060 SF |
| Space Use |
| Retail |
| Position |
| - |
| Available |
| Now |
1 of 7
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
A
| Size | 3,060 SF |
| Space Use | Retail |
| Position | - |
| Available | Now |
Former credit union space in excellent condition. Near turn-key condition for any financial services or office/retail tenant. Available now. Video walkthrough link on front page of marketing brochure.
Walk Score®
Very Walkable (75)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 740-062-03 | Improvements Assessment | $642,430 CAD |
| Land Assessment | $1,172,668 CAD | Total Assessment | $1,815,098 CAD |
PROPERTY TAXES
Parcel Number
740-062-03
Land Assessment
$1,172,668 CAD
Improvements Assessment
$642,430 CAD
Total Assessment
$1,815,098 CAD
1 of 10
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
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27672 Crown Valley Pky
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