30012 Ivy Glenn Dr, Laguna Niguel

  • Asking price of $6,435,000 ($273/sq.ft.) / ±23,582 sq.ft.
  • ±6.0% actual year-one cap rate based on the current ±87% occupancy
  • 30012 Ivy Glenn is nearly adjacent to the newly-approved, 24-acre, 200,000-sf +$200 million Town Center development, which will include retail, residential, restaurants, a specialty market, food hall, and a community event space
  • As a result of this long-awaited Town Center, 30012 Ivy Glenn should be in very high demand enabling an investor to push rents and increase occupancy
  • The current owner has recently completed numerous improvements, including new HVAC units, ADA upgrades, paint, and new parking lot surface and striping
30012 Ivy Glenn Dr, Laguna Niguel

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