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Rancho Santa Margarita Retail Unit
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29851 Aventura, Rancho Santa Margarita, CA 92688

1,600 SF retail unit with rear roll-up door.

Property Size39,925 SF
Days on Market191

Property Features for 29851 Aventura

General Information

Standard status Active
Size 39,925 SF
Property subtype Retail
Lease Term $1.25 NNN

Building Details

Building Size 39,925 SF

Properties For Sale

at 29851 Aventura
29851 Aventura
Size 1,600 SF
Term Negotiable
Contact us
Listing Agency: NAI Capital Commercial, Inc
Listed By: Steve Liu · License #CalDRE #01323150
Source: Naiglobal
Added: Apr 15 Changed: Oct 13 Last Checked: Oct 20 at 5:35PM

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 NAI Capital Commercial, Inc

Rey
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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This 1,600 square foot retail unit is available for sale. The inline space is situated between John's Barbershop and Boba Junkie. The unit features a lobby with a 9-foot clear height, private rooms, and a restroom. The back area offers a 14-foot clear height and includes a 10x10 rear roll-up door. This space is suitable for retail, medical, flex, or office use. The property is located on Rancho Santa Margarita Parkway, which sees over 50,000 vehicles per day, and is minutes from the 241 Freeway. It is anchored by a US Post Office, First Citizens Bank, KFC, Laguna Beach Brewery, and an Arco Gas Station.

Key Highlights

  • High traffic location: Over 50,000 vehicles per day on Rancho Santa Margarita Parkway.
  • 1,600 SF unit with lobby, private offices, and restroom.
  • Prime location minutes from the 241 Freeway.

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$36,353
Suggested Prices Based on Cap Rates
Cap Rate 5%
$727,060 $727.1K
Cap Rate 7%
$519,329 $519.3K
Cap Rate 9%
$403,922 $403.9K
Market Conditions
NOI Build-Up for 1,600 SF
Gross rent
$53.8K $33.60/SF
− Vacancy
−$1.8K −$1.14/SF
EGI
$51.9K $32.46/SF
− OpEx
−$15.6K −$9.74/SF
NOI
$36.4K $22.72/SF
Area
Orange County, CA
Vacancy
3.40%
Lease Rate
$33.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$727,060
Cap Rate 7%
$519,329
Cap Rate 9%
$403,922

Alternative Uses

Best Use
Retail
$519.3K
$454.4K – $605.9K (±1% cap)
NOI $36,353 @ 7.0% cap · market cap 1,454,120.00%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$537.4K
$470.2K – $627.0K (±1% cap)
NOI $37,619 @ 7.0% cap · market cap 1,504,760.00%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Contact the owner directly Get the owner's phone numbers and email
Open Analytics

Current Use

Retail space

Suggested Use

Top Pick Food Market Grocery & Convenience Store (Bike/Boat/Book/etc) Store Hotel & Motel Daycare Center Barber Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,227
Businesses Nearby
12k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 100%
Santa Margarita Toyota Shops & Services
5,224 visits/mo 0.3 miles
StorAmerica Self Storage Shops & Services
2,872 visits/mo 0.4 miles
Jiffy Lube Shops & Services
2,756 visits/mo 0.2 miles
Enterprise Rent-A-Car Shops & Services
832 visits/mo 0.2 miles
Caliber Collision Shops & Services
781 visits/mo 0.3 miles

Demographics for 92688, CA

44,688
Population
16,388
Households
2.7
Avg Household Size
38
Median Age
49%
College-Educated
94%
High-School Grad
13.2 sq mi
ZIP Area
3,385
Density / Sq Mi
$142,015
Median Household Income
$72,020
Median Earnings
$2,508
Median Rent
$857,100
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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

Frequently Asked Questions

What type of property is this?
Retail space - 1,600 SF retail unit with rear roll-up door.
Where is this retail space located?
The property is located at 29851 Aventura Rancho Santa Margarita, CA.
What are key features of this property?
This property features: High traffic location: Over 50,000 vehicles per day on Rancho Santa Margarita Parkway.; 1,600 SF unit with lobby, private offices, and restroom.; Prime location minutes from the 241 Freeway.
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