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Property profile & analytics
FOR SALE
Shopping centers

28721 Los Alisos Blvd Mission Viejo, CA 92692

19,135 SF Built 1996
Property ID
US09-Q030539
Property summary
AI-generated overview

Marketplace at Mission Foothills is a ±19,135 SF neighborhood strip center with a complementary mix of food, beverage, fitness, and service tenants oriented towards south Orange County's family oriented and master planned footprint. At 68% current occupancy, 6,069 SF is available for lease-up, providing an immediate opportunity to add value and increase NOI. In 2025 alone, 46% of the GLA was leased to new tenants – Playhub (6,500 SF) and U.M. Salon (2,275 SF) – demonstrating strong tenant demand and validating the center's continued viability. The property benefits from excellent visibility with ±725 feet of frontage along Los Alisos Blvd (±9,500 CPD) and convenient access to State Route 241 (±43,000 CPD), Mission Viejo's primary toll road connecting Las Flores to the Irvine Foothills. The trade area is topographically restricted by Trabuco Canyon – part of the greater Saddleback Mountains – and densely populated, creating high barriers to entry that support the center's long-term growth and success. Mission Viejo benefits from Orange County's diverse economy, master-planned communities, and exceptional quality of life. The city is home to a well-educated, high-income population and is known for strong public schools, low crime rates, and a stable, family-oriented residential environment, consistently ranking among the most desirable markets in South Orange County.

Property profile
Verified
Property type Shopping centers
Year built 1996
Total area 19,135 SF
UPID US09-Q030539
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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