Two-Story Office
For Sale
Contact for pricing
26054 Acero, Mission Viejo, CA 92691
Two-story office building offering a mix of private offices and open work areas, plus conference rooms and furniture available.
Property Size5,930 SF
Price / SF$420
Days on Market85
Property Features for 26054 Acero
General Information
Standard status
Active
Size
5,930 SF
Property subtype
OFFICE
Additional Details
Furnished
Yes
Building Details
Buildings
1
Stories
2
Listing Agency:
CBRE
(949) 725-8500
Listed By:
Keith Black · License #01266477
(949) 725-8633
Source:
Moodyscre
Added: Jun 22
Changed: Sep 3
Last Checked: Sep 14 at 6:04AM
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 CBRE
Investment Insights
Based on property information with market context.
Two-story office building for sale with a layout that combines private offices and open work area. The space includes large and small conference rooms to support meetings, collaboration, and team functions. Furniture is available, which may help streamline initial move-in planning.
The building totals 5,930 square feet and is located at 26054 Acero in Mission Viejo, CA 92691.
This configuration can work well for an office tenant seeking both enclosed offices and flexible open space, with meeting rooms for recurring client or internal discussions.
The building totals 5,930 square feet and is located at 26054 Acero in Mission Viejo, CA 92691.
This configuration can work well for an office tenant seeking both enclosed offices and flexible open space, with meeting rooms for recurring client or internal discussions.
Key Highlights
- 5,930 square feet two‑story office building
- Mix of private offices and open work area
- Large and small conference rooms
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$116,612
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.68%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$2,332,240
$2.3M
Cap Rate 7%
$1,665,886
$1.7M
Cap Rate 9%
$1,295,689
$1.3M
Market Conditions
NOI Build-Up for 5,930 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$177.2K $29.88/SF
− Vacancy
−$21.7K −$3.66/SF
EGI
$155.5K $26.22/SF
− OpEx
−$38.9K −$6.55/SF
NOI
$116.6K $19.66/SF
Area
Orange County, CA
Vacancy
12.25%
Lease Rate
$29.88 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$2,332,240
Cap Rate 7%
$1,665,886
Cap Rate 9%
$1,295,689
Alternative Uses
Best Use
Office B
$1.67M
$1.46M – $1.94M
NOI $116,612 @ 7.0% cap · market cap 4.68%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.99M
$1.74M – $2.32M
NOI $139,424 @ 7.0% cap · market cap 5.60%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,858
Businesses Nearby
Explore this area
Business Placement
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
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Market
Vacancy Rate% for Office in West region
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Frequently Asked Questions
What type of property is this?
Office building - Two-story office building offering a mix of private offices and open work areas, plus conference rooms and furniture available.
Where is this office building located?
The property is located at 26054 Acero Mission Viejo, CA.
What is the asking price?
The asking price for this property is $2,490,600.
What are key features of this property?
This property features: 5,930 square feet two‑story office building; Mix of private offices and open work area; Large and small conference rooms
