About This Restaurant
Investment Highlights
Shops at 380,000-Square-Foot Aliso Viejo Town Center; Top 2% in Foot Traffic for Shopping Centers Nationwide ? Placer.ai Nearby affluent cities of Aliso Viejo ($122K AHHI), Dana Point ($165K AHHI), Laguna Beach ($212K AHHI), and Laguna Niguel ($180K AHHI) Positioned at Aliso Viejo?s Primary Thoroughfare; 70,000 CPD? CVS ? Nationwide #104 of 7,096 (98% percentile) | Ralph?s ? 30-Mile Radius #3 of 46 (95% percentile) | TJX ? Nationwide #67 of 1,123 (94% percentile) Upside Potential to Lease-Up 15% Vacancy 362-Unit Housing Development Planned to be Completed in 2024 in the Trader Joe?s & 99 Ranch-Anchored Center Across the Street
Executive Summary
Top 2% in Foot Traffic for Shopping Centers Nationwide ? Placer.ai | Upside Potential; 15% Vacancy | $155,000 AHHI
Property Details
- Sale Type Investment
- Property Type Retail
- Property Subtype Restaurant Restaurant General Retail Storefront Retail/Office Office Medical Restaurant
- Building Size 24,986
- Building Class A
- LoopNet Rating 4 Star
- Year Built 2004
- Price 9,975,000
- Price Per SF 399
- Cap Rate 6.36
- NOI 634,036
- Percent Leased 85
- Tenancy Multiple
- Building Height 2 Stories
- Building FAR 0.28
- Land Acres 2.04 AC
Amenities
- Signage
Nearby Amenities & Transportation
| Retail | Cafe Rio | ||
| Retail | Chase Bank | ||
| Retail | Panda Express | ||
| Retail | Bank of America | ||
| Retail | Pita Pit | ||
| Retail | Wahoo's | ||
| Retail | F45 Training, Inc. | ||
| Retail | Buffalo Wild Wings | ||
| Retail | Trader Joe's | ||
| Retail | Smashburger |
Property Taxes
| Parcel Number | 629-321-41 | Improvements Assessment | $11,104,037 |
| Land Assessment | $3,483,448 | Total Assessment | $14,587,485 |
| Date Created: | 2024-07-16 04:09:24 | Last Updated: | 2024-07-16 04:09:24 |
| Address: | 26711 Aliso Creek Rd , Aliso Viejo, California, 92656 | ||