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Former Mission Viejo Toys R Us 25362 El Paseo

44,960 SF Retail Building Mission Viejo, CA 92691 $21,000,000 ($467/SF) 4.92% Cap Rate

Investment Highlights

  • Unobstructed Visibility from Interstate 5

Executive Summary

Freestanding building that is located amongst a group of a big box retailers which include a newly relocated Michaels, Best Buy, Bed Bath & Beyond, Petco. Cost Plus World Market among others.
Unobstructed visibility from Interstate 5 which sees approximately 106,000 vehicles per day.
Exceptional local demographics with 159,900 people living within 3 miles and earning in excess of $121,000.
One of the top producing Toys R Us locations at $243 per square foot.
Double loading docks

Property Facts

Sale Type
Investment or Owner User
Sale Condition
1031 Exchange
Property Type
Retail
Property Subtype
Freestanding
Building Size
44,960 SF
Building Class
B
Year Built/Renovated
1995/2024
Price
$21,000,000
Price Per SF
$467
Cap Rate
4.92%
NOI
$1,032,231
Tenancy
Single
Building Height
1 Story
Loading Docks
2 Exterior
Building FAR
0.28
Lot Size
3.69 AC
Zoning
CC - CH (Commercial Highway) Zone
Parking
243 Spaces (5.4 Spaces per 1,000 SF Leased)
Frontage
108 FT on El Paseo

Amenities

  • Freeway Visibility
  • Security System
  • Signage
  • Tenant Controlled HVAC
  • Storage Space
  • Monument Signage
  • Air Conditioning

Nearby Major Retailers

Sky Zone
Outback Steakhouse
F45 Training, Inc.
Matthew Fetui - U.S. Bancorp Investments
Roberto's Taco Shop
Comerica
Jazzercise
Starbucks
Trader Joe's
Citi

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
784-661-06
Land Assessment
$4,503,250
Improvements Assessment
$1,929,962
Total Assessment
$6,433,212
  • Listing ID: 34344014

  • Date on Market: 1/2/2025

  • Last Updated:

  • Address: 25362 El Paseo, Mission Viejo, CA 92691

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