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Restaurant with Outdoor Seating

23981 Alicia Parkway 120, Mission Viejo, CA 92691

For Sale
New
$100,000

Existing restaurant improvements include a hood, walk-in units, two restrooms, and a grease interceptor.

Property Size1,681 SF
Price / SF$59.49
Days on Market7

Property Features for 23981 Alicia Parkway 120

General Information

Standard status Active
Size 1,681 SF
Property subtype COMMERCIAL

Restaurant

Commercial Hood Yes
Grease Trap Yes
Patio Yes
Equipment Included Yes

Additional Details

Tenant in Place Yes
Listing Agency: Mark III Properties
Listed By: RYOZO KAJINO · License CA #01030820
Source: Altamirarealty
Added: Nov 8 Changed: Nov 10 Last Checked: Nov 12 at 1:39PM

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 Mark III Properties

Rey
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Investment Insights

Based on property information with market context.

This 1,681-square-foot restaurant includes an outdoor seating area and existing food-service equipment. The interior features a 3' hood, walk-in units, two restrooms, and a grease interceptor.

The space is at the corner of Via Fabricante and Alicia Pkwy. The lease runs through 5/31/2028 and includes a 5-year option. A menu change is subject to landlord approval.

Key Highlights

  • 1,681‑square‑foot restaurant with outdoor seating
  • Equipped with a 3' hood, walk‑ins, and a grease interceptor
  • Two restrooms

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Conventional restaurants

Suggested Use

Top Pick Restaurant Big Box & Wholesale Store Building Supply Law Firm Storage Facility Hotel & Motel

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

Yes
Commercial hood
Yes
Grease trap

Location Intelligence

Trade Area within ½ mile

1,752
Businesses Nearby
83k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 51% Dining 43% Home Improvements & Furnishings 3% Groceries 1%
ARCO Shops & Services
15,248 visits/mo 0.0 miles
Starbucks Dining
13,548 visits/mo 0.1 miles
Jack in the Box Dining
11,248 visits/mo 0.1 miles
Chase Bank Shops & Services
9,982 visits/mo 0.1 miles
Valvoline Instant Oil Change Shops & Services
5,805 visits/mo 0.2 miles

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Properties on Market for Conventional restaurants in Orange County

Jul
Aug
Sep
Oct

Vacancy Rate% for Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025

Frequently Asked Questions

What type of property is this?
Conventional restaurant - Existing restaurant improvements include a hood, walk-in units, two restrooms, and a grease interceptor.
Where is this conventional restaurant located?
The property is located at 23981 Alicia Parkway 120 Mission Viejo, CA.
What is the asking price?
The asking price for this property is $100,000.
What are key features of this property?
This property features: 1,681‑square‑foot restaurant with outdoor seating; Equipped with a 3' hood, walk‑ins, and a grease interceptor; Two restrooms
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