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Chick-fil-A NNN Ground Lease
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27845 Santa Margarita Pkwy, Mission Viejo, CA 92691

Freestanding retail building occupied under an Absolute NNN lease with scheduled rent escalations.

Property SizeContact for details
Lot Size1.00 Acre
Days on Market142

Property Features for 27845 Santa Margarita Pkwy

General Information

Standard status Active
Lot size 1.00 Acre
Property subtype Retail

Building Details

Buildings 1
Tenancy Single
Listing Agency: Northmarq San Diego
Listed By: Mike Philbin · License #CA 01922822
Source: Crexi
Added: Apr 11 Changed: Aug 30 Last Checked: Aug 30 at 10:02AM

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 Northmarq San Diego

Investment Insights

Based on property information with market context.

This offering comprises a ground lease interest tied to a freestanding Chick-fil-A retail building on a 1.00-acre parcel at 27845 Santa Margarita Pkwy in Mission Viejo, California. The operating business occupies the property under a 15-year Absolute NNN Ground Lease, with no landlord responsibilities identified in the offering details.

Lease economics include 10% rent increases at five-year intervals during both the base term and option periods. The structure places responsibility for property operations with the tenant while providing defined contractual escalation points over the lease term.

Key Highlights

  • 15‑year Absolute NNN Ground Lease
  • Freestanding Chick‑fil‑A retail building on a 1.00‑acre parcel
  • 10% rent escalations every five years

Property Analytics

Current Use

Storefront properties

Suggested Use

Top Pick Real Estate Agency Law Firm Spa & Massage Center Hair Salon Nail Salon Building Supply

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

593
Businesses Nearby
305k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 41% Groceries 27% Shops & Services 16% Apparel 14%
Ralphs Groceries
52,255 visits/mo 0.2 miles
T.J. Maxx Apparel
43,361 visits/mo 0.3 miles
McDonald's Dining
32,919 visits/mo 0.2 miles
Chick-fil-A Dining
30,607 visits/mo 0.1 miles
Sprouts Farmers Market Groceries
23,278 visits/mo 0.2 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

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
NNN property - Freestanding retail building occupied under an Absolute NNN lease with scheduled rent escalations.
Where is this nnn property located?
The property is located at 27845 Santa Margarita Pkwy Mission Viejo, CA.
What are key features of this property?
This property features: 15‑year Absolute NNN Ground Lease; Freestanding Chick‑fil‑A retail building on a 1.00‑acre parcel; 10% rent escalations every five years
(858) 877-9847 Call to check price and availability
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