Santa Margarita Marketplace — Sale in Rancho Santa Margarita, CA

  • Price: $24M
  • Listing type: For sale
  • Asset type: Retail Property
  • Location: Rancho Santa Margarita, CA 92688
  • Size: 45,910 SF

Photos

Santa Margarita Marketplace — Sale in Rancho Santa Margarita, CA, photo 1 of 4
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Investment Figures

Price per square foot
$522

Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.

Description

Newmark Pacific is pleased to offer, to qualified investors, the opportunity to acquire a ±45,910 square foot, 100% leased to 4-tenant opportunity located at 30501–30505 Avenida de las Flores in Rancho Santa Margarita, California. The property co-anchors the ±275,000-square foot Santa Margarita Marketplace, including Lowe’s, Walmart Neighborhood Market, Staples, and PetSmart. The property also benefits from the surrounding retail synergies created by the areas only Target, Trade Joe’s, and Cinépolis Luxury Cinemas. The property prominently sits along the Santa Margarita Parkway / Highway 241 node, one of South Orange County’s most established and affluent trade areas, serving Rancho Santa Margarita, Foothill Ranch, Coto de Caza, and North Mission Viejo. Santa Margarita Parkway carries approximately 52,000 vehicles per day, and Highway 241 carries approximately 39,500 vehicles per day past the site, providing the property with strong visibility and access. The building is 100% leased to four tenants: EOS Fitness (28,218 SF, 61.5% of GLA), O’Reilly Auto Parts (6,521 SF, 14.2%), Phenix Salon Suites (5,982 SF, 13.0%), and LensCrafters (5,189 SF, 11.3%). EOS Fitness recently delivered a new, state-of-the-art clubhouse at the property under a new 15-year lease, providing long-term stability and anchoring the 11.7-year WALT. Approximately 87% of the building’s square footage is leased to national, credit-backed tenants with corporate guarantees and limited management responsibilities.

Market Context

This retail in Rancho Santa Margarita, CA is listed for sale at $23,960,000 across 45,910 SF. Compare it against other retail listings for sale in Rancho Santa Margarita, CA — view the full market.

As of Q2 2026, the Orange County retail market showed average asking rents near $31.80/SF/yr. Source: multiple brokerage reports, Q2 2026.

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Questions to ask the broker

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  • What is the current zoning, and does it allow my intended use?
  • How many parking spaces come with the property?

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