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
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