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25272 Marguerite Pky
25272 Marguerite Pkwy, Mission Viejo, CA 92692
Available Now
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FOR SALERetail / Pharmacy
Cap Rate
4.25%
NOI
$512,571
Building Size
24,318SF
APN
782-011-59
Lot Size
2.71AC
Year Built
1975
Listing Contacts
More property details
Year Renovated
2023
Tenancy
Single Tenant
Currently Leased
No
Building FAR
0.21
Features & amenities
Location Amenities
Airport
Commuter Rail
Location
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25272 Marguerite Pky
About the location
This absolute NNN corporately guaranteed lease has approximately 6 years remaining on the primary ter m. There are ten, 5-year renewal options, all atFair Market Value, providing the probability of significant upside, and inflation protection in the future. This 24-hour store has a larger footprint than a typical CVSthat includes afull beer and wine section. The store sits on a large, 2.71 acre parcel and is in a prime, upscale Orange County, CA city. Seller will provide a dollar for dollar credit for the free Rent Holiday.