Updated Jan 12, 2026
Faris Lee Investments Facilitates $21 Million Sale Of Plaza Pacifica Retail Center In San Clemente
804 Avenida Pico
$21,000,000
Building Size
—
Asset Type
Retail
Closing
Jan 7, 2026
About this deal
AI
The asset involved in the transaction is Plaza Pacifica, a neighborhood retail center located at 804-989 Avenida Pico in San Clemente. The property was sold for $21 million and is shadow-anchored by Pavilions, Walmart, Lowe’s, and Hoag Medical Facility.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $21,000,000
- Market: San Clemente
- Broker: Don MacLellan - Faris Lee Investments
- Buyer: High-net-worth Orange County family office
Don MacLellan of Faris Lee Investments represented the seller in the transaction, facilitating the sale to the buying party.
On the Map
$21,000,000
Retail
View full map
San Clemente Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
Loading comparables…
Deal FAQ
Browse San Clemente retail sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.76%
Cash-on-Cash
-0.22%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93