Grocery-Anchored Multi-Tenant Shopping
For Sale
Contact for pricing
Pending
27805-27855 Santa Margarita Pkwy, Mission Viejo, CA 92691
Fourteen retail suites support a diversified center serving daily-needs shoppers in a heavily trafficked commercial corridor.
Property Size49,781 SF
Lot Size4.26 Acres
Days on Market41
Property Features for 27805-27855 Santa Margarita Pkwy
General Information
Standard status
Pending
Size
49,781 SF
Lot size
4.26 Acres
Property subtype
Retail
Occupancy
97%
Site & Location
Corner Location
Yes
Anchor Co-Tenants
Petco, Party City, Sprouts
Building Details
Tenancy
Multi
Listing Agency:
Faris Lee Investments
(949) 221-1807
Listed By:
Shaun Riley · License #CA 01165160
Source:
Crexi
Added: Jul 21
Changed: Aug 29
Last Checked: Aug 29 at 4:59PM
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 Faris Lee Investments
Investment Insights
Based on property information with market context.
This multi-tenant retail center contains 14 suites totaling 49,781 SF of GLA across four separate parcels on 4.26 acres. Sprouts serves as the grocery anchor, with Petco and Party City among the identified retail occupants. The property is currently 97% leased, and the tenant roster includes national retailers representing 75% of the income stream.
The center occupies the intersection of Santa Margarita Parkway and Los Alisos Boulevard, with reported traffic volumes of 31,750 and 12,000 vehicles per day, respectively. Nearby retail includes Target, Walmart, Hobby Lobby, PetSmart, 99 Cents Only Stores, and the adjacent Portola Plaza center, anchored by Ralphs and CVS. Trabuco Hills High School is also located at the intersection, while the surrounding five-mile area includes more than 243,100 residents and over 131,400 daytime employees.
The center occupies the intersection of Santa Margarita Parkway and Los Alisos Boulevard, with reported traffic volumes of 31,750 and 12,000 vehicles per day, respectively. Nearby retail includes Target, Walmart, Hobby Lobby, PetSmart, 99 Cents Only Stores, and the adjacent Portola Plaza center, anchored by Ralphs and CVS. Trabuco Hills High School is also located at the intersection, while the surrounding five-mile area includes more than 243,100 residents and over 131,400 daytime employees.
Key Highlights
- Sprouts grocery anchor with Petco and Party City among the retail occupants
- 14 retail suites totaling 49,781 SF of GLA on 4.26 acres
- 97% leased multi‑tenant center across 4 separate parcels
Property Analytics
Current Use
Lease Details
97%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
585
Businesses Nearby
305k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 41%
Groceries 27%
Shops & Services 16%
Apparel 14%
Ralphs
Groceries
52,255 visits/mo
0.1 miles
T.J. Maxx
Apparel
43,361 visits/mo
0.1 miles
McDonald's
Dining
32,919 visits/mo
0.0 miles
Chick-fil-A
Dining
30,607 visits/mo
0.1 miles
Sprouts Farmers Market
Groceries
23,278 visits/mo
0.1 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
Market
Vacancy Rate% for Retail in West region
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Frequently Asked Questions
What type of property is this?
Shopping center - Fourteen retail suites support a diversified center serving daily-needs shoppers in a heavily trafficked commercial corridor.
Where is this shopping center located?
The property is located at 27805-27855 Santa Margarita Pkwy Mission Viejo, CA.
What are key features of this property?
This property features: Sprouts grocery anchor with Petco and Party City among the retail occupants; 14 retail suites totaling 49,781 SF of GLA on 4.26 acres; 97% leased multi‑tenant center across 4 separate parcels
