27201 & 27101 Puerta Real
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27201 & 27101 Puerta Real
2 Office Properties in Mission Viejo, CA
Investment Highlights
- Twin multi-tenant, four-story office buildings totaling 233,531 rentable square feet on 10.28 acres
- Incredible San Diego (5) Freeway Visibility and Signage Opportunity
- Substantially Renovated in 2021
Executive Summary
CBRE Capital Markets, as exclusive advisor, is pleased to present the opportunity to acquire Mission Ridge (the “Buildings” or “Property”), located at 27201 & 27101 Puerta Real, Mission Viejo, California.
Mission Ridge consists of twin multi-tenant, four-story office buildings totaling 233,531 rentable square feet on 10.28 acres. The Property is prominently located immediately adjacent to the San Diego (5) Freeway with 2,200 linear feet of freeway frontage.
With 116,788 SF immediately available, the Property represents a compelling investment opportunity for both owner-users and value-add office operators. Moreover, its proximity to Providence Mission Hospital provides attractive upside potential as a medical conversion.
The fee simple interest in the Property is being offered without a formal asking price, free and clear of any existing financing, and on an “as-is, where-is” basis.
Investment Highlights
SUBSTANTIALLY RENOVATED IN 2021
* Substantially Renovated in 2021 | New lobbies & entry doors, refreshed restrooms, enhanced wayfinding and exterior signage, new conference center and tenant lounge, refreshed fitness facility with showers and locker rooms, and new exterior paint refresh.
* Incredible Freeway Visibility and Signage Opportunity | Located immediately on the Interstate (5) Freeway, it offers premier, unobstructed views and freeway signage opportunities to its anchor tenants. Approximately 310,956 vehicles per day pass the property on the freeway.
* Abundant Nearby Amenities, including | The Kaleidoscope, The Shops at Mission Viejo, The Center at Rancho Niguel, Puerta Real Plaza, College Center, Providence Mission Hospital, and Saddleback College.
* Exceptional Location | Orange County is a well-diversified economy, high-quality labor force, “quality-of-life” desirability, superior education, multi-modal transportation systems, and strategic location on the Pacific Rim provide an excellent locational advantage for commercial properties.
Mission Ridge consists of twin multi-tenant, four-story office buildings totaling 233,531 rentable square feet on 10.28 acres. The Property is prominently located immediately adjacent to the San Diego (5) Freeway with 2,200 linear feet of freeway frontage.
With 116,788 SF immediately available, the Property represents a compelling investment opportunity for both owner-users and value-add office operators. Moreover, its proximity to Providence Mission Hospital provides attractive upside potential as a medical conversion.
The fee simple interest in the Property is being offered without a formal asking price, free and clear of any existing financing, and on an “as-is, where-is” basis.
Investment Highlights
SUBSTANTIALLY RENOVATED IN 2021
* Substantially Renovated in 2021 | New lobbies & entry doors, refreshed restrooms, enhanced wayfinding and exterior signage, new conference center and tenant lounge, refreshed fitness facility with showers and locker rooms, and new exterior paint refresh.
* Incredible Freeway Visibility and Signage Opportunity | Located immediately on the Interstate (5) Freeway, it offers premier, unobstructed views and freeway signage opportunities to its anchor tenants. Approximately 310,956 vehicles per day pass the property on the freeway.
* Abundant Nearby Amenities, including | The Kaleidoscope, The Shops at Mission Viejo, The Center at Rancho Niguel, Puerta Real Plaza, College Center, Providence Mission Hospital, and Saddleback College.
* Exceptional Location | Orange County is a well-diversified economy, high-quality labor force, “quality-of-life” desirability, superior education, multi-modal transportation systems, and strategic location on the Pacific Rim provide an excellent locational advantage for commercial properties.
Property Facts
| Sale Type | Investment or Owner User | Individually For Sale | 0 |
| Status | Active | Total Building Size | 234,000 SF |
| Number of Properties | 2 | Total Land Area | 10.22 AC |
| Sale Type | Investment or Owner User |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 0 |
| Total Building Size | 234,000 SF |
| Total Land Area | 10.22 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
|
Mission Ridge II
27201 Puerta Real, Mission Viejo, CA 92691 |
Office | 116,000 SF | 2000 | - |
|
Mission Ridge
27101 Puerta Real, Mission Viejo, CA 92691 |
Office | 118,000 SF | 2000 | - |
Contacts
-
Anthony DeLorenzo -
Sammy Cemo -
Bryan Johnson -
Sean Sullivan -
Todd Tydlaska -
Michael Longo -
CBRE, Inc.
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