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Retail Outparcel Shops Building
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28311 Marguerite Pkwy, Mission Viejo, CA 92692

Outparcel retail shops building with multiple national tenants, including Walgreens, Sleep Number, and Pure Barre.

Property Size15,036 SF
Days on Market99

Property Features for 28311 Marguerite Pkwy

General Information

Standard status Active
Size 15,036 SF
Property subtype Retail

Additional Details

Highway Access Yes

Building Details

Tenancy Multi
Listing Agency: JLL - Irvine (Orange County), California
Listed By: Daniel Tyner · License #CA 01959818
Source: Crexi
Added: Apr 24 Changed: Jul 23 Last Checked: Jul 23 at 5:49AM

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.

Jones Lang LaSalle (JLL), as exclusive advisor, is pleased to present the opportunity to acquire the 100% fee simple interest in an outparcel shops building in Mission Viejo, California.

The property is ideally situated along I-5 and Marguerite Pkwy and includes 15,036 square feet of retail space. Tenants listed include Walgreens, Sleep Number, Pure Barre, and others.

The location also benefits from its placement near The Shops at Mission Viejo, a regional retail destination of approximately 1.2M square feet. The offering is described as providing stable in-place cash flow with contractual rent increases.

Key Highlights

  • 100% fee simple interest in an outparcel retail shops building in Mission Viejo, CA
  • 15,036 SF of retail space with multiple national tenants including Walgreens, Sleep Number, and Pure Barre
  • Located along I‑5 and Marguerite Pkwy in Mission Viejo

Property Analytics

Current Use

Shopping centers

Suggested Use

Top Pick Grocery & Convenience Store Storage Facility Hotel & Motel Big Box & Wholesale Store Garden Center (Bike/Boat/Book/etc) Store

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

Multi-tenant
Tenancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

1,740
Businesses Nearby
537k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Apparel 32% Dining 24% Shops & Services 23% Superstores 20%
Costco Wholesale Superstores
109,394 visits/mo 0.3 miles
Costco Gasoline Shops & Services
81,657 visits/mo 0.4 miles
Nordstrom Apparel
79,857 visits/mo 0.3 miles
DICK'S Sporting Goods Apparel
62,566 visits/mo 0.4 miles
In-N-Out Burger Dining
37,685 visits/mo 0.5 miles

Demographics for 92692, CA

46,434
Population
18,005
Households
2.6
Avg Household Size
48
Median Age
55%
College-Educated
94%
High-School Grad
8.6 sq mi
ZIP Area
5,399
Density / Sq Mi
$133,028
Median Household Income
$67,915
Median Earnings
$2,812
Median Rent
$983,800
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

  • Sunglass Hut at Macy's — 300 The Shops Blvd, Mission Viejo, CA 92691
  • Mission Viejo Town Center — 28341 Marguerite Pkwy, Mission Viejo, CA 92692
  • The Shops at Mission Viejo — 555 The, Shops At Mission Viejo, Mission Viejo, CA 92691
  • Rancho Medical Plaza — 28261 Marguerite Pkwy, Mission Viejo, CA 92691
  • Marguerite Plaza — 28892 Marguerite Pkwy, Mission Viejo, CA 92692

Frequently Asked Questions

What type of property is this?
Shopping center - Outparcel retail shops building with multiple national tenants, including Walgreens, Sleep Number, and Pure Barre.
Where is this shopping center located?
The property is located at 28311 Marguerite Pkwy Mission Viejo, CA.
What are key features of this property?
This property features: 100% fee simple interest in an outparcel retail shops building in Mission Viejo, CA; 15,036 SF of retail space with multiple national tenants including Walgreens, Sleep Number, and Pure Barre; Located along I‑5 and Marguerite Pkwy in Mission Viejo
(310) 694-3180 Call to check price and availability
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