The Anchors at Local_Property for Sale
The Anchors at Local_Property for Sale
28341 Marguerite Parkway, Mission Viejo, CA, 92691, US

The Anchors at Local

Description

Jones Lang LaSalle (“JLL”), as exclusive advisor, is pleased to present the opportunity to acquire the 100% fee simple interest in the anchor buildings at 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 31,208 square feet of retail space with 3 high-performing design tenants backed by credit and strong sales. 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.


This offering provides investors with an opportunity to acquire a premier retail asset with long-term cash flow backed by industry-leading tenancy and irreplaceable real estate fundamentals in a core California market.

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Attributes

Building area net
2,899 sm
Occupancy
100%
WALT
8.3 years
Land area gross
1.33 ha

Media

Investment highlights

  1. Strong Credit Tenancy With 8+ Year WALT
  2. Internet-Resistant Experiential Retail
  3. Protected Trade Area with Limited Competition
  4. Prime & Affluent Orange County Market
  5. Exceptional Visibility & Accessibility
  6. Curated Home Design & Improvement Destination
  7. Newly Renovated, Turnkey Asset
The Anchors at Local 4_Property for Sale
The Anchors at Local 4_Property for Sale

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The Anchors at Local (0 Properties)

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Last updated
Oct 14, 2025