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Value-Add Retail Shopping Center
For Sale
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Pending

23972-24042 Alicia Parkway, Mission Viejo, CA 92691

Gateway Center is a value-add retail shopping center currently 81.3% leased to daily-needs, service, and national tenants.

Property Size79,001 SF
Days on Market112

Property Features for 23972-24042 Alicia Parkway

General Information

Standard status Pending
Size 79,001 SF
Property subtype Retail
Occupancy 81%

Additional Details

Highway Access Yes

Building Details

Tenancy Multi
Listing Agency: JLL - Irvine (Orange County), California
Listed By: Gleb Lvovich · License #CA 01385740
Source: Crexi
Added: Apr 11 Changed: Jul 22 Last Checked: Jul 31 at 5:35AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of JLL - Irvine (Orange County), California

Investment Insights

Based on property information with market context.

Gateway Center (“The Property”) is a value-add retail shopping center with 79,001 of retail space, offered for sale by exclusive JLL listing representation. The center is 81.3% leased, with occupancy supporting a diverse mix of daily-needs and service-oriented tenants, along with national brand retailers.

The Property is located just east of I-5 in Mission Viejo, California, serving as a retail destination for master planned communities in South Orange County.

This offering presents a straightforward shopping center format with existing tenant demand from both local daily-needs and service providers, as well as national retail brands.

Key Highlights

  • Value‑add retail shopping center in Mission Viejo, CA
  • 79,001 retail center
  • 81.3% leased to daily‑needs, service, and national tenants

Property Analytics

Current Use

Shopping centers

Suggested Use

Top Pick Parking Lot & Garage (Bike/Boat/Book/etc) Store Grocery & Convenience Store Storage Facility Hotel & Motel Tattoo & Piercing Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

81.3%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

1,631
Businesses Nearby
Under-served
Demand for This Use

Demographics for 92691, CA

47,918
Population
16,673
Households
2.9
Avg Household Size
44
Median Age
47%
College-Educated
93%
High-School Grad
8.8 sq mi
ZIP Area
5,445
Density / Sq Mi
$135,779
Median Household Income
$64,902
Median Earnings
$2,517
Median Rent
$916,800
Median Home Value

Market

Vacancy Rate% for Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025
Rey
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Similar Off Market Nearby

  • Alicia-Trabuco Plaza 26811 Trabuco Rd, Mission Viejo, CA 92691
  • Mail Center 26861 Trabuco Rd, Mission Viejo, CA 92691
  • Jeronimo Plaza 25571 Jeronimo Rd, Mission Viejo, CA 92691
  • JAl GARMENTS New Delhi St, Mission Viejo, CA 92691
  • Gateway Center 24000 Alicia Pkwy, Mission Viejo, CA 92691

Frequently Asked Questions

What type of property is this?
Shopping center - Gateway Center is a value-add retail shopping center currently 81.3% leased to daily-needs, service, and national tenants.
Where is this shopping center located?
The property is located at 23972-24042 Alicia Parkway Mission Viejo, CA.
What are key features of this property?
This property features: Value‑add retail shopping center in Mission Viejo, CA; 79,001 retail center; 81.3% leased to daily‑needs, service, and national tenants
More about this property
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