Rancho Santa Margarita, CA - Dove Canyon

Description:

SRS Capital Markets is pleased to present the exclusive opportunity to acquire Dove Canyon Plaza, a 65,677 SF anchored retail center situated at the gateway to two of South Orange County’s most coveted gated communities — Dove Canyon and Coto de Caza. This fee simple offering represents a rare chance to own institutionally positioned retail real estate in a submarket defined by extreme wealth concentration, physical land constraints, and virtually zero new commercial supply. In addition, Dove Canyon Plaza has recently undergone comprehensive capital improvements including full exterior repainting and parking lot restriping, and the property presents in institutional condition.

The anchor composition is purpose-built for durability. Hoag Memorial Hospital’s urgent care operation, Mariners Church, and the Goddard School collectively occupy over 56% of the center’s GLA and represent three distinct but complementary demand drivers: healthcare necessity, early childhood education, and community congregation. None of these uses face e-commerce displacement, and each generates consistent, recurring foot traffic that benefits the surrounding inline tenancy. The majority of the rent roll is structured on NNN leases, further insulating a future owner from operating cost exposure.

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Listing ID: a28TP000002JedJYAS