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Twin Peaks Plaza 23601-23657 El Toro Rd 1,800 SF of Retail Space Available in Lake Forest, CA 92630
HIGHLIGHTS
- Surrounded by 2M s.f. of retailers.Close to I-5 Freeway.Close to most residents of south OC
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste Y1 | 1,800 SF | Negotiable | $32.40 /SF/YR $2.70 /SF/MO $348.75 /m²/YR $29.06 /m²/MO $4,860 /MO $58,320 /YR | Triple Net (NNN) |
23633-23635 El Toro Rd - 1st Floor - Ste Y1
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Retail Space
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
SELECT TENANTS AT TWIN PEAKS PLAZA
- Smart & Final Stores LLC
PROPERTY FACTS
| Total Space Available | 1,800 SF | Frontage | 481’ on El Toro Rd |
| Center Type | Community Center | Gross Leasable Area | 288,204 SF |
| Parking | 840 Spaces | Total Land Area | 45.13 AC |
| Stores | 32 | Year Built | 2004 |
| Center Properties | 7 | Cross Streets | Portola Pky |
| Total Space Available | 1,800 SF |
| Center Type | Community Center |
| Parking | 840 Spaces |
| Stores | 32 |
| Center Properties | 7 |
| Frontage | 481’ on El Toro Rd |
| Gross Leasable Area | 288,204 SF |
| Total Land Area | 45.13 AC |
| Year Built | 2004 |
| Cross Streets | Portola Pky |
ABOUT THE PROPERTY
Twin Peaks has been a popular and successful shopping center in South Orange County for over 45 years. Retailers who locate here can advertise a store location in Twin Peaks and many residents will recognize it as they have shopped at the shopping centers on El Toro Road for years. Twin Peaks Plaza features Smart & Final, Beverages & More! and Planet Fitness (opened 5/22) A signalized entrance from El Toro Road serves Twin Peaks, the adjacent Home Depot and the Orchard Shopping Center across the street. The Orchard at Saddleback has Home Goods (by T.J. Maxx), Pier 1, PetSmart, Aaron Bros., Ralphs and Staples. The intersection of El Toro Road and Rockfield has historically been the retail heart of South Orange County. The proximity to the I-5 freeway, Five Lagunas (the redesigned Laguna Hills Mall), and the easy access to surrounding communities create a strong retail location to serve most of South Orange County (500,000 people). There are 300,000 people in a 5-mile radius with average family income of $115,668 and a median household income of $95,279.
- Pylon Sign
NEARBY MAJOR RETAILERS
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Twin Peaks Plaza | 23601-23657 El Toro Rd
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