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23972 Alicia Parkway

Asana Partners Acquires Retail Property From DJM Capital Partners For $51 Million In Mission Viejo
SOLDRetail

Asana Partners Acquires Retail Property From DJM Capital Partners For $51 Million In Mission Viejo

23972 Alicia Parkway

$51,000,000

$644/SF

Building Size

79,108 SF

Asset Type

Retail

Closing

Jan 15, 2026

AI

The retail asset located at 23972 Alicia Parkway in Mission Viejo has been sold for $51,000,000. The property encompasses a total square footage of 79,108 with a price per square foot of $644.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: $51,000,000
  • Address: 23972 Alicia Parkway
  • Market: Mission Viejo
  • Square Footage: 79,108
  • Price Per Square Foot: $644
  • Buyer: Asana Partners
  • Seller: DJM Capital Partners
  • Brokers: Gleb Lvovich, Daniel Tyner & Geoff Tranchina - JLL

This transaction was facilitated by brokers Gleb Lvovich, Daniel Tyner, and Geoff Tranchina from JLL, representing the involved parties in this retail sale transaction.

Players

Daniel Tyner

JLL

Broker

$2.1B

vol

64 deals

Broker
JLL
JLLBrokerage
Asana Partners
Asana PartnersBuyer

Mission Viejo Retail Market Snapshot

Boundary boundary · Retail · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.31%

Cash-on-Cash

-0.09%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93