Wells Fargo Absolute NNN
For Sale
Contact for pricing
Pending
24251 Rockfield Blvd, Lake Forest, CA 92630
Single-tenant bank leasehold with an absolute NNN structure near established retail destinations.
Property SizeContact for details
Days on Market41
Property Features for 24251 Rockfield Blvd
General Information
Standard status
Pending
Property subtype
Retail
Site & Location
Anchor Co-Tenants
The Home Depot
Traffic Count
53,700 vehicles/day
Highway Access
Yes
Building Details
Tenancy
Single
Listing Agency:
Colliers - Los Angeles - Orange County, California
(949) 724-5561
Listed By:
Eric Carlton · License #CA 01809955
Source:
Crexi
Added: Jul 21
Changed: Aug 29
Last Checked: Aug 29 at 11:01PM
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 Colliers - Los Angeles - Orange County, California
Investment Insights
Based on property information with market context.
This single-tenant leasehold property is occupied by Wells Fargo Bank under an absolute NNN lease. The tenant has operated at the site since 1973, and the current fixed term has approximately 3 years remaining, followed by a 1 - 5 YR option at FMV.
The property is located at 24251 Rockfield Blvd in Lake Forest, California, just off the 5 Freeway near the Rockfield Boulevard and El Toro Road intersection. It forms part of a Home Depot outparcel within the Orchard Retail district, where the 5 Freeway and El Toro Road intersection generates 53,700 CPD. Nearby retail users include Smart & Final, Ralphs, PetSmart, Staples, HomeGoods, Ulta, BevMo!, Verizon, Daiso Japan, Panda Express, Citibank, McDonald’s, and CVS Pharmacy.
The property is located at 24251 Rockfield Blvd in Lake Forest, California, just off the 5 Freeway near the Rockfield Boulevard and El Toro Road intersection. It forms part of a Home Depot outparcel within the Orchard Retail district, where the 5 Freeway and El Toro Road intersection generates 53,700 CPD. Nearby retail users include Smart & Final, Ralphs, PetSmart, Staples, HomeGoods, Ulta, BevMo!, Verizon, Daiso Japan, Panda Express, Citibank, McDonald’s, and CVS Pharmacy.
Key Highlights
- Single‑tenant Wells Fargo Bank occupancy under an absolute NNN lease
- Approximately 3 years remaining on the fixed lease term
- 1 - 5 YR option at FMV
Property Analytics
Property Profile
Current Use
Lease Details
53,700 VPD
Traffic count
Single-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
2,714
Businesses Nearby
781k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 41%
Groceries 17%
Home Improvements & Furnishings 15%
Shops & Services 13%
In-N-Out Burger
Dining
61,822 visits/mo
0.3 miles
The Home Depot
Home Improvements & Furnishings
55,004 visits/mo
0.2 miles
Raising Cane's Chicken Fingers
Dining
54,691 visits/mo
0.3 miles
Ralphs
Groceries
45,280 visits/mo
0.2 miles
HomeGoods
Home Improvements & Furnishings
40,245 visits/mo
0.3 miles
Demographics for 92630, CA
66,359
Population
24,390
Households
2.7
Avg Household Size
40
Median Age
47%
College-Educated
93%
High-School Grad
10.5 sq mi
ZIP Area
6,320
Density / Sq Mi
$119,984
Median Household Income
$57,277
Median Earnings
$2,614
Median Rent
$858,900
Median Home Value
Market
Vacancy Rate% for Retail in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
NNN property - Single-tenant bank leasehold with an absolute NNN structure near established retail destinations.
Where is this nnn property located?
The property is located at 24251 Rockfield Blvd Lake Forest, CA.
What are key features of this property?
This property features: Single‑tenant Wells Fargo Bank occupancy under an absolute NNN lease; Approximately 3 years remaining on the fixed lease term; 1 - 5 YR option at FMV
