For Sale
$14,000,000

25322 El Paseo Mission Viejo, CA 92691

Vacant, 36,032 SF retail building

Overview

Added:
Dec 11, 2024
Days on market:
136
This exceptional 36,032-square-foot vacant shopping center in Mission Viejo, CA, presents a unique investment opportunity. Located at 25322 El Paseo, this single-tenant, Class B building sits on a 3.04-acre lot (APN 784-661-05) and boasts high visibility from the San Diego (5) Freeway, with direct access from the La Paz exit. The property benefits from prominent freeway pylon signage, visible to an estimated 325,000 vehicles daily. Strong co-tenancy includes established retailers like Michaels, Best Buy, and World Market, further enhancing its appeal. Built in 1995, the building features high ceilings and dock-high loading capabilities, making it adaptable to a wide range of uses. The property is zoned HC, Mission Viejo, and is situated within a highly affluent trade area encompassing approximately 347,000 residents with average household incomes exceeding $164,000 annually. This prime location in Orange County, known for its strong retail market, offers significant potential for owner-users or investors seeking a high-identity property with exceptional freeway frontage and abundant on-site parking. The asking price is $14,000,000. This represents a rare chance to capitalize on a highly strategic location with substantial barriers to entry for new retailers in the South Orange County submarket.

Highlights

  • Ideal owner-user opportunity.
  • Tremendous infill location in Orange County.
  • Adaptable 36,032 SF building with high ceilings and dock-high loading.
  • Exceptional freeway frontage on the San Diego (5) Freeway with pylon signage.
  • Strong co-tenancy with Best Buy, Michaels, and World Market.
  • Immediate access from the La Paz exit.

Property Details for 25322 El Paseo

Property type
Lifestyle centers, Power centers
Square Feet
36,032 SF
Class
B
Year Built
1995
Buildings
1
Stories
1
Lot Size (sq. ft)
132,422 SF
Units
1

Location Insight

City
Mission Viejo
County
Orange
State
California
Latitude
33.592560097757
Longitude
-117.67338583854

FAQs

What type of property is this?
Lifestyle center - Vacant, 36,032 SF retail building
Where is the lifestyle center located?
The property is located at 25322 El Paseo Mission Viejo, CA.
What is the asking price?
The asking price for this property is $14,000,000.
What are key features of this property?
This property features: Ideal owner-user opportunity.; Tremendous infill location in Orange County.; Adaptable 36,032 SF building with high ceilings and dock-high loading.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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25322 El Paseo
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