The Shops at Local_Property for Sale
The Shops at Local_Property for Sale
28321 Marguerite Parkway, Mission Viejo, CA, 92691, US

The Shops 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 outparcel shops building at (the “Property”), a prime retail asset in Mission Viejo, California. Ideally situated along the I-5 and Marguerite Pkwy, Local features 15,036 square feet of retail space including Walgreens, Sleep Number, Pure Barre, and more. 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

Building area net
15,036 sf
Occupancy
93.24%
WALT
9 years
Land area gross
0.89 acres

Media

Investment highlights

  1. Strong Occupancy with Built-in Growth Potential
  2. Streamlined Management with Limited Tenants
  3. Significant Surrounding Draw
  4. Prime & Affluent Orange County Market
  5. Exceptional Visibility & Accessibility
  6. Strategically Shadow-Anchored Destination Retail
  7. Newly Renovated, Turnkey Asset
The Shops at Local 4_Property for Sale
The Shops at Local 4_Property for Sale

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The Shops at Local (0 Properties)

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Last updated
Oct 14, 2025