LOCAL - Mission Viejo_Property for Sale
LOCAL - Mission Viejo_Property for Sale
28311 Marguerite Parkway, Mission Viejo, CA, 92691, US

LOCAL - Mission Viejo

Description

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.

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Attributes

Rentable area
46,244 sf
Occupancy
97.8%
WALT
8.5 years
Parking spaces
203
Land area gross
4.17 acres

Media

Investment highlights

  1. Prime & Affluent Orange County Market
  2. Strong Credit Tenancy With 8+ Year WALT
  3. Remodeled South OC Retail With Potential Growth
  4. Well Traveled Convenient Location
  5. Exceptional Visibility & Accessibility
  6. Strategic Tenant Synergy and Destination Retail
  7. Newly Renovated, Turnkey Asset
LOCAL - Mission Viejo 4_Property for Sale
LOCAL - Mission Viejo 4_Property for Sale

Contact brokers

LOCAL - Mission Viejo (0 Properties)

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Last updated
Oct 7, 2025