Property Listing No Longer Available for Sale

26712 Portola Parkway, Foothill Ranch, CA

Retail for Sale - $3,999,888 - 5,500 Sq. Ft.


Property Info

CIMLS#1147062
Location
  26712 Portola Parkway
  Foothill Ranch CA 92610
UpdatedApril 16th, 2024
TypeRetail
Price$3,999,888
Building5,500 Sq. Ft.

Property Description

5.5 CAP RATE IN 2024, ANNUAL RENT INCREASES

5,500 +/- Sf Building / 36,380 Sf Lot

NNN Lease With 7+ Years Left on Initial Term, Expiring January 31, 2030. Tenant Has Two (2) Ten-year Options to Renew Starting in January 2031 and January 2041.

Tenant is a 31 Unit Franchisee Operating in Ca, AZ, ID, UT & OR!

Located in Vibrant Foothill Ranch Towne Center - Along With Target, McDonald's, Islands, in-n-out, Regal Theater Complex, Hobby Lobby, Michael's, etc.

Serves the Residents of the Upscale Residential Communities of Foothill Ranch, Lake Forest, Santa Margarita, Mission Viejo and Irvine.

Located in the Master Planned Community of Foothill Ranch, One of South Orange County's Most Highly Desired Shopping Destinations.


Financials



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