990 Avenida Vista Hermosa San Clemente, CA 92673
For Sale
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This 8,380 square foot shopping center in San Clemente, CA, presents a rare development opportunity. Located on a 2.86-acre parcel at 990 Avenida Vista Hermosa (APN 678-161-02), this fully entitled property is "shovel ready," with permits available. The center is ideally situated across from Vista Hermosa Sports Park and Aquatic Center, benefiting from strong traffic counts due to its convenient access from Interstate 5, La Pata, and Pico Avenue. The property's location within the Talega Master Planned Community, home to approximately 9,000 residents, and its proximity to over 3 million square feet of business parks ensures a substantial daytime population of over 58,000 within a 3-mile radius. The high household incomes in the area contribute to a strong and stable demographic profile. The property is entitled for multiple tenants, with monument signage already approved. Partial leasing is already in place with high-quality tenants. Asking price is $3,975,000 ($474.34/SF). This is a premier retail, restaurant, or medical space opportunity adjacent to a Target store.
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Target Clinic care provided by Kaiser Permanente – San Clemente Medical Clinic
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CVS Pharmacy Pharmacy
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Dr. Christine Liu Physician
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Meighan Merono Pharmacy
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.