Search
Stabilized NNN Shopping Center
For Sale
Contact for pricing

24280 - 24310 Swartz Dr, Lake Forest, CA 92630

Two-property retail offering with freeway exposure, six tenants, and a long-term ground lease structure.

Property SizeContact for details
Days on Market143

Property Features for 24280 - 24310 Swartz Dr

General Information

Standard status Active
Property subtype Retail

Site & Location

Drive-Thru Yes
Traffic Count 62,000 vehicles/day
Highway Access Yes

Building Details

Tenancy Multi
Listing Agency: Marcus & Millichap - Orange County
Listed By: Paul Bitonti · License #CA 01325076
Source: Crexi
Added: Apr 11 Changed: Aug 30 Last Checked: Aug 30 at 9:01PM

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 Marcus & Millichap - Orange County

Investment Insights

Based on property information with market context.

El Toro Square comprises two retail properties operated with six tenants under NNN leases. The tenancy includes Tommy Burger, which has a drive-through and a corporate lease, along with Arthur Murray Dance Studio, whose occupancy exceeds 20 years. The property is described as 100% stabilized and is offered as a leasehold interest with 87 years remaining on the ground lease.

The properties are positioned at Interstate 5 and the northbound El Toro freeway exit in Lake Forest, with additional exposure to El Toro Road. Reported traffic volumes exceed 354,000 vehicles per day on the freeway and 62,000 vehicles per day on El Toro Road. Nearby retail destinations include Lake Forest Marketplace, The Orchard, and The Arbors, representing more than 500,000 square feet of surrounding retail space.

Key Highlights

  • Two‑property retail center with six tenants on NNN leases
  • 100% stabilized occupancy profile
  • Leasehold interest with 87 years remaining

Property Analytics

Current Use

Shopping centers

Suggested Use

Top Pick Real Estate Agency Big Box & Wholesale Store Building Supply Auto Repair Shop Auto Parts Store Storage Facility

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

62,000 VPD
Traffic count
Multi-tenant
Tenancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

2,742
Businesses Nearby
815k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Dining 37% Groceries 17% Shops & Services 15% Home Improvements & Furnishings 14%
In-N-Out Burger Dining
61,822 visits/mo 0.2 miles
The Home Depot Home Improvements & Furnishings
55,004 visits/mo 0.4 miles
Raising Cane's Chicken Fingers Dining
54,691 visits/mo 0.2 miles
Ralphs Groceries
45,280 visits/mo 0.2 miles
HomeGoods Home Improvements & Furnishings
40,245 visits/mo 0.4 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

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Similar Off Market Nearby

  • Oakbrook Village Oakbrook Vlg, Laguna Hills, CA 92653
  • Valencia Center 24102 Paseo De Valencia, Laguna Woods, CA 92637
  • Hunter Court Rockfield Blvd, Lake Forest, CA 92630
  • El Toro Square 24280 Swartz Dr, Lake Forest, CA 92630
  • Lake Forest Marketplace 23785 El Toro Rd, Lake Forest, CA 92630

Frequently Asked Questions

What type of property is this?
Shopping center - Two-property retail offering with freeway exposure, six tenants, and a long-term ground lease structure.
Where is this shopping center located?
The property is located at 24280 - 24310 Swartz Dr Lake Forest, CA.
What are key features of this property?
This property features: Two‑property retail center with six tenants on NNN leases; 100% stabilized occupancy profile; Leasehold interest with 87 years remaining
(949) 419-3246 Call to check price and availability
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message