
LOCAL - Mission Viejo
28311 Marguerite Parkway, Mission Viejo, CA, 92691, US
Jones Lang LaSalle, as exclusive advisor, is pleased to present to qualified investors the opportunity to acquire Cerritos Center (the “Property”), a 52,382 square foot grocery-anchored center located just off CA-91 (277,000 VPD) at the intersection of Norwalk & Artesia Blvd (50,000 VPD). The Property features a diverse tenant mix, attracting a variety of customers from communities within both Los Angeles and Orange County. Anchored by the popular Asian grocery chain, Seafood City Supermarket, the Property’s tenant roster of local & regional operators has been carefully curated to create synergy between the Property and surrounding communities. At 100% occupancy, the Property offers Investors steady cashflow and a future mark to market play, as limited supply and tenant demand place upward pressure on rental rates within the submarket.