24012 Avenida de la Carlota - Storefront FOR SALE


Laguna Hills, CA 92653
$11,750,000 USD
310-403-4984
24012 Avenida de la Carlota, Laguna Hills, CA for Sale
$11,750,000 USD
Storefront - FOR SALE
1/14
null | 6% Cap Rate

24012 Avenida de la Carlota
Laguna Hills, CA 92653


HIGHLIGHTS

  • 100% OCCUPIED, LONG-STANDING DIVERSE TENANT MIX
  • LANDMARK LOCATION AND PREMIER VISIBILITY OFF THE 5 FWY
  • ADJACENT TO LAGUNA HILLS’ $1B LIFESTYLE DEVELOPMENT

OVERVIEW

As exclusive advisor, Institutional Property Advisors (“IPA”) is pleased to offer the opportunity to acquire Village Plaza (the “Property”), which is a 100% leased, 13,362 square-foot retail center that is strategically located adjacent to the San Diego Freeway (364,733 vpd) in Laguna Hills, CA. The Property enjoys a dense and affluent customer base that generates almost $16 billion in annual purchasing power, and boasts a diversified rent roll with an internet resistant tenant mix. Further, Village Plaza will benefit considerably from its proximity to the former Laguna Hills Mall, which is currently being redeveloped at an approximate cost of $1 billion into a transformational mixed-use project that will increase consumer demand and traffic flows throughout the submarket.

FOR SALE DETAILS

PRICE

$11,750,000 USD

PRICE/SF

$879 USD /SF

CAP RATE

6%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

The Village Plaza

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1993

SPRINKLERS

-

PARKING SPACES

56

LAND DETAILS

LAND ACRES

0.92 AC

LAND SF

40,266 SF

ZONING

FC, Laguna Hills

APN/PARCEL ID

621-052-04

ASK ABOUT THIS PROPERTY

Patrick ToomeyInstitutional Property AdvisorsMore Info
310-403-4984

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Patrick ToomeyInstitutional Property AdvisorsMore Info
310-403-4984

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.