Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    29821-29941 Aventura Rancho Santa Margarita, CA 92688

    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Prime Orange County Office Suites Available

    Lot size:
    87,331 SF

    Property Features for 29821-29941 Aventura

    General Information

    Property type
    Neighborhood centers
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    87,331 SF
    Total Rate
    305658.5

    Building Details

    Stories
    1

    Spaces For Lease

    at 29821-29941 Aventura, Rancho Santa Margarita, CA 92688 Contact us
    Unit Former pizza space 29941-A

    $42 /Mo

    Size
    1,610 SF
    Contact us

    We can help!

    Listing Contact
    Brandon Beauchemin
    Brandon Beauchemin

    Listing Agency: CBRE Listing Agent: Brandon Beauchemin

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    This exceptional commercial property, located at 29821-29941 Aventura in Rancho Santa Margarita, CA 92688, offers a diverse range of office spaces ideal for various business needs. Situated at the intersection of Santa Margarita Pkwy & Avenida Empresa, this single-story building boasts a total of 87,331 square feet. The property is currently multi-tenant and features a variety of office subtypes including medical, creative, and traditional office spaces, along with retail options such as strip centers, quick-service restaurants, and hair salons. Currently, there is 3,362 square feet of vacant space available, divisible into units ranging from a minimum of 1,610 square feet to a maximum contiguous space of 1,752 square feet. The property's location in the Orange County submarket provides excellent access to major transportation routes and a thriving business community. The property's APN is 805-051-04. This is a fantastic opportunity to secure high-quality office space in a desirable location within Orange County. The property's diverse suite sizes and adaptable space make it suitable for a wide range of businesses. Don't miss this chance to establish your business in this vibrant and convenient location. Contact us today to learn more about leasing opportunities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Neighborhood centers

    Suggested Use

    Law Firm Restaurant Real Estate Agency Spa & Massage Center Hair Salon Dental Office Nail Salon Food Market Grocery & Convenience Store Gym & Fitness Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Rancho Santa Margarita
    County
    Orange
    State
    California
    Longitude
    -117.6098362
    Latitude
    33.6364191

    Nearby Similar for Lease

    • $4,100 /Mo
      1,830 SF

      Turnkey Office/Warehouse Condo Sublease

      Upgraded 1,830 SF office/warehouse condo in Rancho Santa Margarita.
      23121 Antonio Pkwy, Rancho Santa Margarita, CA 92688
      View Details
    • Sponsored
      Contact for pricing

      Koll Center

      All-inclusive access to workspace, virtual office and meeting rooms in O'Hare Airport
      30211 Avenida De Las Banderas, Rancho Santa Margarita, CA 92688
      View Details
    • Contact for pricing
      8,500 SF

      Rancho Santa Margarita Multi-Tenant Center

      Retail, office, and medical spaces in Rancho Santa Margarita.
      29821-29941 Aventura, Rancho Santa Margarita, CA 92688
      View Details
    • $2 SF/Yr
      18,538 SF

      Office Building with Mountain Views

      Two-story office building in South Orange County available for rent.
      22362 Gilberto, Rancho Santa Margarita, CA 92688
      View Details
    • $2 SF/Yr
      2,360 SF

      Medical Office Condo For Rent

      Medical office condo featuring private offices, conference room, and balcony.
      30212 Tomas, Rancho Santa Margarita, CA 92688
      View Details
    • Contact for pricing

      Rancho Santa Margarita Retail Center

      275,000 SF power center with excellent visibility and access.
      30451-30465 Avenida De Las Flores, Rancho Santa Margarita, CA 92688
      View Details
    • Contact for pricing

      Restaurant Spaces in Rancho Santa Margarita

      Restaurant spaces for lease in Rancho Santa Margarita shopping center.
      31431-31541 Santa Margarita Pkwy, Rancho Santa Margarita, CA 92688
      View Details
    • $2 SF/Yr
      87,715 SF

      Retail Space in South Orange

      Prime South Orange County retail space available for lease.
      29851 Aventura, Rancho Santa Margarita, CA 92688
      View Details
    • $1.65 SF/Yr
      18,112 SF

      Freestanding R&D Building For Lease

      Two-story R&D building with secured yard in South Orange County.
      22391 Gilberto, Rancho Santa Margarita, CA 92688
      View Details
    • $1.70 SF/Yr
      5,583 SF

      Rancho Santa Margarita Flex Space

      Flex space with offices, kitchen, fenced yard, and ample power.
      30302 Esperanza, Rancho Santa Margarita, CA 92688
      View Details
    • $1.58 SF/Yr
      10,030 SF

      Industrial Warehouse with Fenced Yard

      Industrial warehouse featuring a fenced yard and major street frontage.
      29720 Avenida De Las Banderas, Rancho Santa Margarita, CA 92688
      View Details
    • $1.45 SF/Yr
      23,849 SF

      High-Image Flex Building For Rent

      R&D/flex building in South Orange County business park.
      30191 Avenida De Las Banderas, Rancho Santa Margarita, CA 92688
      View Details

    FAQs

    What type of property is this?
    Neighborhood center - Prime Orange County Office Suites Available
    Where is this neighborhood center located?
    The property is located at 29821-29941 Aventura Rancho Santa Margarita, CA.
    What is the lease rate?
    The lease rate is $42 SF/Yr.
    What are key features of this property?
    This property features: Multi-tenant retail, office, and medical center.; High daytime population due to nearby business parks.; Prime location off the 241 Toll Road, in Rancho Santa Margarita.
    (909) 418-2213 Call to check price and availability
    Request Owner's contact information
    29821-29941 Aventura Rancho Santa Margarita, CA 92688
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    29821-29941 Aventura
    Rancho Santa Margarita, CA 92688
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    29821-29941 Aventura Rancho Santa Margarita, CA 92688
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Brandon Beauchemin
    Brandon Beauchemin
    Real Estate License ID: 1338753
    (909) 418-2213 (949) 981-4604 (909) 418-2000
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!