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ValueRock Realty Partners Acquires Vacant Retail Building In Aliso Viejo For $5.3 Million

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SOLD
$5,300,000

California

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Retail7,914 SF
Sold 11/04/2024
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Property Image
SOLD

ValueRock Realty Partners Acquires Vacant Retail Building In Aliso Viejo For $5.3 Million

26641 Aliso Creek Road

See Similar Deals
Retail7,914 SF
Sold 11/04/2024
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Summary

CALIFORNIA
Asset Type:Retail
Price Per Square Foot:$669
Total Square Footage:7,914 SF
Transaction Type:Sale

The property involved in the transaction is a vacant retail asset located at 26641 Aliso Creek Road in Aliso Viejo. The asset spans 7,914 square feet and sits on 1.34 acres. The sale price for this property was $5,300,000, which translates to a price per square foot of $670.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: $5,300,000
  • Address: 26641 Aliso Creek Road
  • Market: Aliso Viejo
  • Square Footage: 7,914
  • Price Per Square Foot: $670
  • Buyer: ValueRock Realty Partners
  • Broker Representatives: Bill Asher, Kevin Fryman & Sean Cox - Hanley Investment Group
  • Acres: 1.34

Hanley Investment Group facilitated the transaction, representing ValueRock Realty Partners in acquiring the property. The building was previously occupied by a Macaroni Grill and is strategically positioned in a high-traffic area, benefiting from the surrounding affluent communities and the strong tenant mix at Aliso Viejo Town Center.

Players

Bill Asher
90 deals$653.6M volume
BROKER

Kevin Fryman
Hanley Investment Group
37 deals$539.7M volume(949) 585-7674
BROKER

Sean Cox
Hanley Investment Group
24 deals$266M volume(949) 585-7648
BROKER

Details

SOLD
IMAGE: Bill Asher, Kevin Fryman & Sean Cox DATE: 11/04/2024 ADDRESS: 26641 Aliso Creek Road MARKET: Aliso Viejo ASSET TYPE: Retail ~ ACRES: 1.34 BUYER: ValueRock Realty Partners BROKERS: Bill Asher, Kevin Fryman & Sean Cox (@SeannCox) - Hanley Investment Group (@HanleyInvestmentGroup) SALE PRICE: $5,300,000 SF: 7,914 ~ PPSF: $670 NOTE: Hanley Investment Group brokered the $5.3 million sale of a vacant, 7,914-square-foot former Macaroni Grill building at Aliso Viejo Town Center to ValueRock Realty Partners. Positioned in a high-traffic area, the property benefits from Aliso Viejo Town Center's strong tenant mix and proximity to affluent communities, adding strategic value to ValueRock’s growing portfolio in the region.

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Net Operating Income (NOI)

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Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

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