Updated Jan 20, 2026
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
About this deal
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.
On the Map
$51,000,000
$644/SF
Retail
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Players
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