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Two-Story Retail Shopping Center
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Pending

28892 Marguerite Parkway, Mission Viejo, CA 92692

Multi-tenant center combines daily-service, lifestyle, and restaurant uses at a signalized intersection.

Property Size24,894 SF
Days on Market143

Property Features for 28892 Marguerite Parkway

General Information

Standard status Pending
Size 24,894 SF
Property subtype Retail
Occupancy 98%

Site & Location

Corner Location Yes
Traffic Count 18,000 vehicles/day
Highway Access Yes
Road Access Yes

Building Details

Stories 2
Tenancy Multi
Listing Agency: SRS Real Estate Partners Newport Beach
Listed By: Matthew Mousavi · License #CA 01732226
Source: Crexi
Added: Apr 10 Changed: Aug 30 Last Checked: Aug 30 at 2:37AM

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 SRS Real Estate Partners Newport Beach

Investment Insights

Based on property information with market context.

This two-level shopping center contains 24,894 SF and is 98% occupied. The tenant roster includes Salon Centric, Core Power Yoga, Avery Animal Hospital, and Zenko Sushi, representing daily-service, lifestyle, and restaurant-oriented uses. Core Power Yoga occupies 21% of the center and has more than 7 years remaining on its lease, along with five 5-year extension options.

The property occupies the signalized intersection of Marguerite Parkway and Via Escolar, where the combined traffic volume is 18,000 vehicles daily. I-5 is nearby with on- and off-ramp access and reported traffic of 248,000 VPD. The center is 1 mile from The Shops at Mission Viejo, 0.5 miles from Saddleback College, and 1.4 miles from Mission Hospital. The 5-mile trade area includes more than 289,000 residents and 98,000 employees, while the 3-mile area reports average household income exceeding $154,000.

Key Highlights

  • 24,894 SF two‑story shopping center with 98% occupancy
  • Tenant roster includes Salon Centric, Core Power Yoga, Avery Animal Hospital, and Zenko Sushi
  • Core Power Yoga occupies 21% of the center with more than 7 years remaining and five 5‑year options

Property Analytics

Current Use

Shopping centers

Suggested Use

Top Pick Big Box & Wholesale Store Pharmacy Hair Salon Storage Facility Spa & Massage Center 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

18,000 VPD
Traffic count
98%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

975
Businesses Nearby
163k
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Dining 67% Shops & Services 17% Apparel 13% Hotels & Casinos 2%
In-N-Out Burger Dining
37,685 visits/mo 0.1 miles
Starbucks Dining
21,559 visits/mo 0.4 miles
Burlington Apparel
21,498 visits/mo 0.4 miles
ARCO Shops & Services
18,324 visits/mo 0.2 miles
Jack in the Box Dining
16,496 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
Rey
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Frequently Asked Questions

What type of property is this?
Shopping center - Multi-tenant center combines daily-service, lifestyle, and restaurant uses at a signalized intersection.
Where is this shopping center located?
The property is located at 28892 Marguerite Parkway Mission Viejo, CA.
What are key features of this property?
This property features: 24,894 SF two‑story shopping center with 98% occupancy; Tenant roster includes Salon Centric, Core Power Yoga, Avery Animal Hospital, and Zenko Sushi; Core Power Yoga occupies 21% of the center with more than 7 years remaining and five 5‑year options
(480) 221-4221 Call to check price and availability
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