Gateway Center - Mission Viejo

JLL has been exclusively retained by Ownership to market Gateway Center, a 79,108 square foot retail center with visibility at a freeway like intersection boasting over 78,000 cars per day. This well-established shopping destination serves the affluent master-planned communities throughout South Orange County and currently sits at 97% occupancy. The property offers significant remerchandising potential to capitalize on the strong incomes and retail demand of this premier South Orange County location. With approximately 31% of the GLA occupied by long-term tenants averaging over 15 years in place, Gateway Center offers an investor strong NOI growth with fixed rental increases and opportunities to continue to enhance the center with higher-quality national retailers and service concepts that better align with the affluent customer base. Located on the coveted Alicia Parkway retail strip, Gateway Center represents an exceptional opportunity to acquire a high quality strip center in one of Southern California’s most desirable retail markets.