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Igor Royz Of Royz Mission LLC Purchases Retail Property From Watson Bros Properties For $4.375M

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SOLD
$4,375,000

California

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Retail7,500 SF
Sold 02/26/2025
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Property Image
SOLD

Igor Royz Of Royz Mission LLC Purchases Retail Property From Watson Bros Properties For $4.375M

25552 El Paseo

See Similar Deals
Retail7,500 SF
Sold 02/26/2025
the dealplayerscompscontact
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Summary

CALIFORNIA
Asset Type:Retail
Price Per Square Foot:$583
Total Square Footage:7,500 SF
Transaction Type:Sale

The retail property located at 25552 El Paseo in Mission Viejo features a total square footage of approximately 7,500 square feet. It was sold for a transaction price of $4,375,000, translating to a price per square foot of $583. This asset is a free-standing retail building situated in a market known for its family-friendly amenities and well-organized neighborhoods.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: $4,375,000
  • Address: 25552 El Paseo
  • Market: Mission Viejo
  • Buyer: Igor Royz - Royz Mission LLC
  • Seller: Watson Bros Properties
  • Broker: Jamie H. Kim CCIM - The Phronesis Group
  • Square Footage: 7,500
  • Price per Square Foot: $583

Jamie H. Kim, CCIM represented the seller in this transaction, leveraging her expertise in negotiation to facilitate a successful deal. Universal Appliance and Kitchen Center (UAKC) is slated to open its sixth location in Mission Viejo, marking a significant expansion for the brand, which was founded in 2000 and has become a leading appliance retailer in Southern California. The new store will benefit from the proximity to a forthcoming Costco Wholesale Fueling Station, expected to enhance customer traffic.

Players

Jamie H Kim, CCIM
The Phronesis Group
Jamie H Kim, CCIM
4 deals$12.5M volume(714) 329-5650
BROKER

Details

SOLD
IMAGE: Jamie H Kim, CCIM DATE: 02/26/2025 ADDRESS: 25552 El Paseo MARKET: Mission Viejo ASSET TYPE: Retail BUYER: Igor Royz - Royz Mission LLC SELLER: Watson Bros Properties BROKER: Jamie H. Kim CCIM (@ThePhronesisGroup) - The Phronesis Group SALE PRICE: $4,375,000 SF: 7,500 ~ PPSF: $583 NOTE FROM BROKER: Originally listed at $4,995,000, Jamie H. Kim, CCIM, provided world-class buyer representation with flawless execution, successfully negotiating a final sales price of $4,375,000. Her professionalism, dedication, and expert dealmaking were key in ensuring a smooth and successful transaction from start to finish. Universal Appliance and Kitchen Center (UAKC): Expanding to Mission Viejo. Founded in 2000, UAKC has grown into one of the nation’s largest appliance retailers and a premier destination for high-end appliances in SoCal. Since its inception, UAKC has offered a wide selection of brand-name appliances and premium plumbing fixtures. UAKC is expanding its footprint with the opening of its sixth location in Mission Viejo, reinforcing its commitment to delivering quality products, diverse selection, and secure, worry-free transactions. Customers can expect the same exceptional service, dedication, and expertise that have defined UAKC’s reputation for over two decades. The new Mission Viejo store is located at 25552 El Paseo, a free-standing retail building spanning approximately 7,500 square feet. The upcoming Costco Wholesale Fueling Station nearby will further drive customer traffic, making this an even more strategic location for UAKC’s newest expansion. Mission Viejo is consistently ranked among the safest cities in the U.S., offering a well-balanced suburban lifestyle with top-rated schools, low crime rates, and family-friendly amenities. As one of the largest master-planned communities in the nation, the city is known for its well-organized neighborhoods, beautiful parks, and strong infrastructure. Congrats to Universal Appliance and Kitchen Center!

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