28331 Marguerite Pkwy, Mission Viejo, CA 92691

Premier South Orange County Retail Center

• Situated in Mission Viejo, within one of Orange County's most affluent and supply-constrained retail corridors.
• 5-mile trade area encompasses more than 289,000 residents, with average household incomes of $191,000 within 3 miles.
• Rancho Mission Viejo adds ~9,000 existing homes, 1,000 under construction, and a long-term master plan totaling 14,000 units — supportive of furniture and home-oriented retail demand.

Institutional-Grade Tenant Mix with Long-Term Leases

• Features nationally and regionally recognized retailers including Ferguson Home (NYSE: FERG; LSE: FERG), Joybird (NYSE: LZB), and Terra Outdoor Living.
• Recent long-term lease executions have extended the WALT to 7.4 years, supporting stable cash flow and mitigating near-term rollover exposure.

Immediate Proximity to South Orange County's Dominant Regional Mall

• Adjacent to The Shops at Mission Viejo, drawing approximately 5.4 million annual visits (per Placer.ai).
• Mall anchored by Nordstrom, Macy's, Dick's Sporting Goods, Round1, Pottery Barn, Williams Sonoma, LoveSac Furniture, Tommy Bahama, lululemon, Sephora, and Tesla.
• Substantial redevelopment initiative introducing an outdoor village concept with open-air dining and landscaped gathering areas, scheduled for completion ahead of the 2026 holiday season.

Strategic Access Along Marguerite Parkway; Easily Accessible from I-5 and 73 Toll Road

• Located along Marguerite Parkway, less than half a mile from The Shops at Mission Viejo.
• Convenient access to both I-5 Freeway and the 73 Toll Road, capturing traffic from across South Orange County.
• Nearest competing concentration of furniture retailers is located in Irvine, reinforcing the site's regional positioning.

Exceptional Visibility with Freeway Signage

• Approximately 500 linear feet of freeway-oriented signage along the I-5 Freeway, complemented by frontage along Marguerite Parkway.
• Highly visible monument sign located just south of the Crown Valley Parkway exit further enhances tenant visibility to passing traffic.

Thoughtfully Curated Tenant Mix Encouraging Cross-Shopping

• Complementary mix of home furnishings, service-oriented retailers, and wellness concepts creates a cohesive retail environment encouraging longer shopping visits and repeat traffic.
• Woodbridge Interiors, Pure Green, Starbucks, Sleep Number, Walgreens, Pure Barre, and Ra Yoga drive consistent daily visitation and diversify income drivers (excluded from the offering).

Stabilized Asset with Limited Near-Term Capital Exposure

• Comprehensive exterior renovation completed in 2022 modernized the center's appearance, enhanced tenant appeal, and reduced near-term capital expenditure risk.
• Positioned as a stabilized, turnkey investment with predictable operating performance.

Parcel Configuration Provides Monetization Flexibility

• Asset currently divided into two separate parcels, offering future optionality for investors.
• Allows for potential disposition of an individual parcel (such as an anchor or the two-story building) at a lower capitalization rate — an opportunity to reduce overall basis or generate partial liquidity while retaining the remainder of the investment.