26612 Towne Centre DrLake Forest, CA 92610

Property Details for 26612 Towne Centre Dr

Lot size

2.19 AC

Property type

Showrooms

APN

612-093-27

APU

61209327

Description

This exceptional retail opportunity in Foothill Ranch presents two available spaces, ranging from 1,500 to 12,500 square feet, within a thriving shopping center. The property boasts a highly desirable location at 26612 Towne Centre Dr, near the intersection of a major cross street. This established center enjoys strong tenancy, including prominent national brands such as Hoag Hospital, CVS, Planet Fitness, Bank of America, Taco Bell, and McDonald's, ensuring high foot traffic and brand recognition. A significant advantage is the availability of a 12,500 square foot space adjacent to Hoag, offering unparalleled visibility and access to a substantial patient and employee base. The area's demographics are exceptionally strong, with an average household income exceeding $180,000 within a one-mile radius. Furthermore, the property benefits from the proximity to several large multifamily developments within a five-mile radius, adding over 5,000 new residential units and further bolstering the potential customer base. Its convenient location near the Irvine Spectrum and close proximity to Foothill Ranch Elementary School and Trabuco Hills High School provides excellent accessibility and visibility to a diverse population. This is a rare opportunity to secure prime retail space in a high-demand, affluent area. Contact us today to learn more about this exceptional investment.

• CAP approach

  CAP return

  Valuation

  6%

  $30,436,630

  6.5%

  $28,095,352

  7%

  $26,088,540

• Comparable approach

  Method

  Valuation

  Relative Method

  $39,385,840

  Geo Method

  $84,662,528

• Alternative Use

  Use

  Valuation

  Residential

  $23,699,480

  Hospitality

  $21,708,596

  Educational

  $18,061,298

  Medical

  $18,682,454

  Retail

  $28,095,352

Location Insight

City

Lake Forest

County

Orange

State

California

Latitude

33.676

Longitude

-117.668

CBSA code

31080

CBSA name

LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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