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Investment Highlights

  • Irreplaceable Lake Forest Investment Opportunity – The Village is a ±32,592 SF, 100% occupied retail strip center
  • Stable Cash Flow with Exceptional Income Growth – NOI is projected to increase by more than $535,000 (±40%)
  • Convenient Access, Significant Frontage – Situated along Towne Centre Dr (±7,000 CPD) and Bake Pkwy (±15,500 CPD)
  • Strong Historical Occupancy – Six tenants, ±35% of GLA (±11,318 SF) have occupied the center for over 10 years
  • Complementary Surrounding Retail – Located directly across the street from Foothill Ranch Towne Centre

Executive Summary

* Irreplaceable Lake Forest Investment Opportunity – The Village is a ±32,592 SF, 100% occupied retail strip center located in the retail and residential focused Foothill Ranch of Lake Forest, featuring a proven, daily needs mix of national and regional tenants all on NNN leases
* Benefiting from strong occupancy and complimentary surrounding retail, the property offers stable in-place income and solid long-term growth potential for investors

* Strong Historical Occupancy – Six tenants, ±35% of GLA (±11,318 SF) have occupied the center for over 10 years, demonstrating a recession-resistant asset with exceptional tenant commitment to this location

* Stable Cash Flow with Exceptional Income Growth – NOI is projected to increase by more than $535,000 (±40%) over the projected 10-year hold period, generating a +3.4% CAGR

* Complementary Surrounding Retail – Located directly across the street from Foothill Ranch Towne Centre, anchored by Walmart, Target, Hobby Lobby, PetSmart, and a future Costco, this prime retail site benefits from exceptional visibility, high foot traffic, and strong tenant demand

* Convenient Access, Significant Frontage – Situated along Towne Centre Dr (±7,000 CPD) and Bake Pkwy (±15,500 CPD), with direct access to Lake Forest Dr (±18,500 CPD) and the CA 241 Toll Road (±36,500 CPD), driving strong daily exposure and accessibility

Property Facts

Price $34,106,043 CAD
Price / SF $1,047 CAD / SF
Cap Rate 5.40%
Sale Type Investment
Status Active
Number of Properties 2
Individually For Sale 0
Total Building Size 32,572 SF
Total Land Area 6.72 AC

Properties

Property Name / Address Property Type Size Year Built Individual Price
45 Auto Center Dr, Lake Forest, CA 92610 Retail 17,990 SF 2006 -
The Village
41 Auto Center Dr, Lake Forest, CA 92610
Retail 14,582 SF 2006 -
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  • Listing ID: 40699036

  • Date on Market: 2026-05-28

  • Last Updated:

  • Address: The Village, Lake Forest, CA

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