23282 Peralta Dr - Warehouse FOR SALE


Laguna Hills, CA 92653
$5,300,000 USD
657-732-9174
23282 Peralta Dr, Laguna Hills, CA for Sale
$5,300,000 USD
Warehouse - FOR SALE
1/92
null | Request Cap Rate

23282 Peralta Dr
Laguna Hills, CA 92653


HIGHLIGHTS

  • $442/SF vs $450/SF submarket flex pricing · zero SF delivered in the submarket in 12 mo
  • MXU zoning permits auto-related and service uses — increasingly hard to place in OC
  • Tenant is a nationally recognised 4x4 outfitter, leased thru 9/30/28 at $11,340/mo

OVERVIEW

A rare offering in Laguna Hills: ±12,000 SF of freestanding flex industrial on a 0.78-acre corner parcel with frontage on two streets, demised into two independently addressed suites, each with its own entry, offices, restrooms, grade-level loading and its own 200-amp three-phase service. 45% (5,400 SF) is leased through September 2028 to Overland Garage 4x4 & Cruiser Tech — one of the country's better-known 4x4 outfitters — at $11,340 per month with 2% annual steps, in a suite built out with service bays, hoists and glazed showroom frontage. The remaining 55% (6,600 SF) delivers vacant at close, clearing the 51% threshold for SBA 504 and owner-occupied conventional financing. An owner-user can occupy the available suite and hold income against the leased half; an investor can lease it and hold a freestanding building on a corner parcel. The whole 12,000 SF comes available on the 2028 expiry. What makes this parcel hard to replace is that automobile-related use is permitted here. Across Orange County those uses have become progressively harder to entitle, and for an operator who needs service bays, hoists, grade-level access and customer parking the binding constraint is rarely rent — it is finding a jurisdiction that will allow the work at all. Mixed Use zoning and a Mixed Use General Plan designation support it here: 4x4 and overlanding outfitters, performance and tuning shops, wheel and tire, custom fabrication, upholstery and interiors, detailing and coating, EV conversion, motorsport prep, van and RV conversion, collector-car service and storage. The submarket adds to it: 4.2% vacancy across 4.5 million SF of industrial inventory, zero square feet delivered in the trailing twelve months, nothing under construction, and nothing proposed through the next eight quarters. Offered at $5,300,000 — $442/SF against CoStar's Q3 2026 submarket flex pricing of $450. 16' clear, two 10' x 12' grade-level doors, fully sprinklered, 28 parking spaces at 2.33 per 1,000 SF, fee simple with no association. 2.8 miles to Irvine Spectrum Center, 5.1 to Hoag Hospital Irvine, 11.5 to John Wayne Airport. ***Zoning, General Plan designation and permitted uses are stated as understood from publicly available City of Laguna Hills records and are not warranted. Any conditional use permit, parking, or code requirement applicable to a buyer's intended use is a matter for the City. Buyer is responsible for independently verifying zoning, entitlement and the permissibility of its intended use with the City of Laguna Hills before relying on any statement here. Neither seller nor broker makes any representation or warranty as to accuracy, and neither accepts liability for any error or omission. Offering memorandum, rent roll and lease abstract on request.

FOR SALE DETAILS

PRICE

$5,300,000 USD

PRICE/SF

$442 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

ADD'L SUBTYPES

undefined, Auto Repair

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1980

UTILITIES

-

CLEAR CEILING HT

16 Ft

DOCKS

-

DRIVE INS

2

PARKING SPACES

28

LAND DETAILS

LAND ACRES

0.78

LAND SF

33,797

ZONING

MXU

APN/PARCEL ID

588-064-19

ASK ABOUT THIS PROPERTY

Max WangKeller WilliamsMore Info
657-732-9174

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Max WangKeller WilliamsMore Info
657-732-9174

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.