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Walgreens & Shops | 100% Occupied 30602 Santa Margarita Pky

15,099 SF 100% Leased Retail Building Rancho Santa Margarita, CA 92688 For Sale

INVESTMENT HIGHLIGHTS

  • 100% Occupied | Diverse Tenant Lineup
  • Rancho Santa Margarita Town Center (275,000 SF) | Dense Retail Corridor | Strong National/Credit Tenants
  • Strong Demographics in 5-Mile Trade Area
  • Generational Retail Opportunity | Irreplaceable Location | High Barriers to Entry
  • Signalized, Hard Corner Intersection | Centralized Location | Multiple Nearby Apartment Complexes

EXECUTIVE SUMMARY

SRS Multi-Tenant Investments is pleased to offer the opportunity to acquire the fee simple interest (land & building ownership) in Walgreens & Shops located in Rancho Santa Margarita, California (Orange County MSA). The center consists of a diverse, ecommerce resistant tenant lineup comprised of retail and service tenants, creating a stabilized income stream for a future investor. All the tenants operate under leases which are NNN in nature minimizing expense leakage for a future investor. The site presents a rare opportunity to acquire an irreplaceable retail center in South Orange County, a highly desirable location with significant barriers to entry and minimal available on market supply.

PROPERTY FACTS

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Storefront
Building Size
15,099 SF
Building Class
B
Year Built
1996
NOI
$665,489
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.13
Lot Size
2.69 AC
Zoning
CG - Commercial General
Parking
109 Spaces (7.22 Spaces per 1,000 SF Leased)
Frontage
506’ on Santa Margarita Pky

AMENITIES

  • Corner Lot
  • Freeway Visibility
  • Signage
  • Signalized Intersection
Walk Score®
Very Walkable (85)
Bike Score®
Very Bikeable (74)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

NEARBY MAJOR RETAILERS

Luna Grill
F45 Training
Starbucks
Everbowl
US Bank
BJ's Restaurant & Brewhouse
HOTWORX
Trader Joe's
IHOP
Walmart Neighborhood Market

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
814-152-01
Land Assessment
$5,802,931
Improvements Assessment
$5,802,926
Total Assessment
$11,605,857
  • Listing ID: 34424028

  • Date on Market: 1/9/2025

  • Last Updated:

  • Address: 30602 Santa Margarita Pky, Rancho Santa Margarita, CA 92688

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