Share This Listing

Message

909 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the brokers for more information about this property

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).

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

Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
31,208 SF
Building Class
A
LoopNet Rating
4 Star
Year Built/Renovated
1980/2022
Price
$26,451,729 CAD
Price Per SF
$847.59 CAD
Cap Rate
5.75%
NOI
$1,520,974 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories

Amenities

  • Freeway Visibility
  • Pylon Sign
  • Signage
  • Signalized Intersection
  • Wheelchair Accessible
  • Air Conditioning

Major Tenants

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease End
  • Wholesaler
  • -
  • -
  • Nov 2029

Ferguson began in 1953 when three entrepreneurs established a plumbing supply business in Virginia. The company expanded its operations throughout the decades through strategic acquisitions and organic growth. Today, it serves both residential and commercial markets with a wide range of products including plumbing, HVAC, appliances, and waterworks solutions. Ferguson operates numerous branches across North America and provides value-added services like virtual design and project management. The company remains focused on delivering essential infrastructure solutions through its extensive distribution network.

  • Manufacturing
  • -
  • -
  • -

Joybird was founded on the idea that people should never settle when it comes to their home furnishing, but rather have the freedom to be boldly original. Their custom-made and curated furniture is built to meet the demands and unique tastes of their customers, providing a high-quality product that will be enjoyed for a lifetime.

  • Retailer
  • -
  • -
  • Nov 2028

Terra Outdoor Living designs and retails contemporary outdoor furniture through its own brand, Ventana. The company was founded in 2004 by Steve Keihner, who transitioned from logistics into furniture retail after acquiring a local store in Mill Valley, California. Terra collaborates with international designers and manufacturers to produce durable, modern furnishings made from materials such as teak, aluminum, and rope. Its products are sold exclusively through its website and California-based showrooms. Terra operates its own delivery fleet and warehouse, enabling direct-to-consumer logistics. The company is privately held and has pursued sustainability initiatives, including the use of legally sourced Indonesian teak and partnerships with reforestation programs.

  • Professional, Scientific, and Technical Services
  • -
  • -
  • -

Since 1981, Woodbridge Interiors has been a proud, family-owned business operating in both California and Pennsylvania. Their furniture store has been in the family for three generations now, and they’re excited to see where the future takes them. Since their grand opening, they’ve opened the doors to three locations in San Diego, CA and another three showrooms in Pittsburgh, PA. They’re more than your run-of-the-mill furniture store. They’re committed to providing top-quality living room furniture room furniture, office décor, and more. You won’t be able to find a selection like theirs anywhere else.

Tenant Industry SF Occupied Rent/SF Lease End
Wholesaler - - Nov 2029
Manufacturing - - -
Retailer - - Nov 2028
Professional, Scientific, and Technical Services - - -
Fairly walkable
40/100
Exceptionally drivable
100/100
Limited public transit
30/100

Nearby Major Retailers

Pure Barre
Navy Federal Credit Union
Orange County's Credit Union
Starbucks
The Coffee Bean & Tea Leaf
First Citizens Bank
The Habit Burger Grill
P.F. Chang's
The Cheesecake Factory
Islands

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • 740-016-02
  • 740-016-03
Land Assessment
$17,286,348 CAD
Improvements Assessment
$8,243,265 CAD
Total Assessment
$25,529,613 CAD
  • Listing ID: 40515069

  • Date on Market: 2026-05-13

  • Last Updated:

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

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}