LOCAL - Mission Viejo

Jones Lang LaSalle (“JLL”), as exclusive advisor, is pleased to present the opportunity to acquire the 100% fee simple interest in Local (the “Property”), a prime retail asset anchored by Ferguson Home, Joybird, and Terra Outdoor Living in Mission Viejo, California. Ideally situated along the I-5 and Marguerite Pkwy, Local features 46,244 square feet of retail space anchored by 3 high-performing design tenants backed by credit and strong sales. The offering includes Feguson Home, Joybird, Terra Outdoor living, and the north facing pad, which includes Walgreens, Sleep Number, and more. The offering is available together or as separate net-lease components. The Property also benefits from its strategic placement near The Shops at Mission Viejo, a ± 1.2M SF regional retail destination. Local provides stable in-place cash flow with contractual rent increases while benefiting from its strategic position in a protected trade area with limited competition.