24011-24031 Marguerite Pky - Storefront FOR SALE
Mission Viejo, CA 92692 |
24011-24031 Marguerite Pky
Mission Viejo, CA 92692
HIGHLIGHTS
- Dark Orchard Supply Hardware-Anchored Center (Lease Guaranteed by Lowe’s); Corporate guaranteed lease with Lowe’s Companies; S&P: BBB+
- Buyer Benefits From the Option of Enjoying the Cash Flow of Lowe’s Backed Lease for 13 Years or Negotiating an Early Termination Buyout
- 87% Occupied; Long-Term Historical Shop Tenancy: 100% of the shop tenants have been in the center for at least 10 years; 94% for over 15 years
- 2016 Remodel Including a New Façade
- Rare Opportunity to Acquire a South Orange County Shopping Center
- High-Traffic Prominent Signalized Intersection of Marguerite Parkway and Trabuco Canyon; 34,000 Cars Per Day
FOR SALE DETAILS
PRICE
-
CAP RATE
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% LEASED
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TENANCY
-
BUILDING DETAILS
PROPERTY NAME
Marguerite Shopping Center (IN ESCROW)
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Storefront
TOTAL BUILDING SIZE
51312
STORIES
1
YEAR BUILT
1973
SPRINKLERS
-
PARKING SPACES
149
LAND DETAILS
LAND ACRES
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LAND SF
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ZONING
-
APN/PARCEL ID
808-061-19,808-061-20
