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CVS Drug Store with Absolute NNN Lease
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25272 Marguerite Pkwy, Mission Viejo, CA 92692

Remodeled corporate pharmacy with a guaranteed absolute NNN lease and multiple renewal options.

Property SizeContact for details
Lot Size2.71 Acres
Days on Market142

Property Features for 25272 Marguerite Pkwy

General Information

Standard status Active
Lot size 2.71 Acres
Property subtype Retail

Amenities

Wellness Room
Minute Clinic
Health Hub
Beer and Wine section

Building Details

Tenancy Single
Listing Agency: Investment Real Estate Associates
Listed By: Chris Thompson · License #CA 01205918
Source: Crexi
Added: Apr 11 Changed: Aug 30 Last Checked: Aug 30 at 7:29AM

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 Investment Real Estate Associates

Investment Insights

Based on property information with market context.

The property is a CVS drug store on a 2.71-acre parcel in Mission Viejo, California. Tenant-funded improvements include new HVAC, a Wellness Room used for clinical trials, a Minute Clinic, Health Hub, and expanded beer and wine offerings. The store operates 24 hours and provides a larger footprint than a typical CVS location.

The investment is subject to an absolute NNN lease with a corporate guarantee and approximately 6 years remaining in the primary term. The lease includes ten 5-year renewal options at Fair Market Value. Placer.ai ranks the location within the top 6% of CVS stores nationwide.

The property is located at 25272 Marguerite Pkwy within a shopping center that includes Trader Joe’s, Panda Express, Carl’s Jr., California Pizza Kitchen, Panera Bread, Chipotle, and Walgreens. Mission Viejo city offices are across the street, and the city is planning substantial enhancements to the shopping center.

Key Highlights

  • 2.71‑acre parcel in Mission Viejo, CA
  • Absolute NNN lease with corporate guarantee
  • Approximately 6 years remaining on the primary term

Property Analytics

Current Use

Drug stores

Suggested Use

Top Pick Auto Parts Store Barber Shop (Bike/Boat/Book/etc) Store Law Firm Nail Salon Grocery & Convenience 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

Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1,007
Businesses Nearby
224k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Dining 46% Groceries 35% Shops & Services 18% Beauty & Spa 1%
Trader Joe's Groceries
40,473 visits/mo 0.2 miles
Ralphs Groceries
38,764 visits/mo 0.2 miles
Panera Bread Dining
25,949 visits/mo 0.2 miles
California Pizza Kitchen Dining
17,087 visits/mo 0.2 miles
Party City Shops & Services
11,390 visits/mo 0.2 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
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Similar Off Market Nearby

  • Vons Pharmacy 26022 Marguerite Pkwy, Mission Viejo, CA 92692
  • Huy Ngo, PharmD 26022 Marguerite Pkwy, Mission Viejo, CA 92692
  • Marie Nguyen, PharmD 26022 Marguerite Pkwy, Mission Viejo, CA 92692
  • Annie Y. Hsu, PharmD 26022 Marguerite Pkwy, Mission Viejo, CA 92692
  • Pavilions Pharmacy 26022 Marguerite Pkwy, Mission Viejo, CA 92692

Frequently Asked Questions

What type of property is this?
Drug store - Remodeled corporate pharmacy with a guaranteed absolute NNN lease and multiple renewal options.
Where is this drug store located?
The property is located at 25272 Marguerite Pkwy Mission Viejo, CA.
What are key features of this property?
This property features: 2.71‑acre parcel in Mission Viejo, CA; Absolute NNN lease with corporate guarantee; Approximately 6 years remaining on the primary term
More about this property
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