Lake Forest / South Orange County

Restaurant Space in Lake Forest

Lake Forest's restaurant supply splits into two areas. Foothill Ranch, around Towne Centre Drive and Portola Parkway, has the city's newer cluster: Islands, In-N-Out, Chipotle and side-by-side Chick-fil-A and Raising Cane's pads. El Toro Road carries most of the everyday quick service, with Chipotle at The Arbor (23645), El Pollo Loco (23601), Del Taco (22349 and 23781) and more Chipotle near Trabuco Road. Lake Forest Drive and Bake Parkway, on the business park side where Census counts about 41,000 jobs, add El Pollo Loco and Wendy's and suit a weekday lunch model.

Population

86,281

Median HHI

$135,175

Median age

40.2

Homeownership

70.5%

Source: U.S. Census Bureau, American Community Survey 2020-2024 5-year estimates.

Primary retail corridors

El Toro Road · Rockfield Boulevard · Bake Parkway · Trabuco Road · Lake Forest Drive

Centers worth touring for restaurant space in Lake Forest

Specific shopping centers in Lake Forest that already carry credible co-tenancy for this use. Listed in approximate order of fit.

El Toro & Trabuco Shopping Center

El Toro Road at Trabuco

Anchors / key tenants: Dollar Tree, Grocery Outlet

Value-tilted neighborhood center. Co-tenancy includes Bank of America, Pizza Hut, and Coffee Bean & Tea Leaf. Reads as the price-sensitive node of Lake Forest retail.

Lake Forest Marketplace

23783–23831 El Toro Road

Anchors / key tenants: Guitar Center, Harbor Freight, Island Pacific Seafood Market

Big-box value mix with a specialty Asian grocer (Island Pacific). Daily-needs QSR co-tenancy via Del Taco and Dunkin'.

Restaurant Space operators already in Lake Forest

Existing operators are the most honest comp for whether a use can support Lake Forest rents. These are publicly visible restaurant space businesses currently trading in the market.

  • Islands Restaurant Foothill Ranch

    26582 Towne Centre Dr, Foothill Ranch, CA 92610

    Full-service chain listed on Islands' own locations page. Foothill Ranch is part of Lake Forest and is zoned under the City's Foothill Ranch Planned Community text.

  • In-N-Out Burger, Foothill Ranch

    26482 Towne Centre, Foothill Ranch, CA 92610

    Store 97 in In-N-Out's own locator data, with drive-thru and dining room hours and a 1994 opening date.

  • Chick-fil-A Foothill Ranch and Raising Cane's

    26792 Portola Pkwy and 26782 Portola Parkway, Foothill Ranch, CA 92610

    Side-by-side addresses on Portola Parkway. Chick-fil-A's own page lists dine-in, carry-out and drive-thru; Raising Cane's own locator lists the Portola Parkway store as its Foothill Ranch location.

  • Chipotle Mexican Grill

    23645 El Toro Road (The Arbor); 22379 El Toro Rd; 26592 Towne Centre Dr, Lake Forest and Foothill Ranch

    Three stores on Chipotle's own Lake Forest page, which names the 23645 El Toro Road store The Arbor.

  • El Pollo Loco

    20163 Lake Forest Dr; 21212 Bake Pkwy; 23601 El Toro Rd, Lake Forest

    Three stores on El Pollo Loco's own Lake Forest page, one on each of the city's main commercial arterials.

  • Del Taco

    22349 El Toro Rd and 23781 El Toro Rd, Lake Forest; 26702 Portola Parkway, Foothill Ranch

    All three on Del Taco's own locator (Lake Forest and Foothill Ranch pages).

  • Taco Bell Live Más Café and Wendy's

    23651 Rockfield Blvd. and 21781 Lake Forest Dr. Suite A, Lake Forest, CA 92630

    Both on their brands' own locators. Taco Bell's page lists a drive-thru and breakfast.

What to diligence before LOI

  1. 01

    Beer, wine and cocktails: the Land Use Matrix in Section 9.72.090 permits both Restaurant and Restaurant with Bar by right (P) in the C and UA columns and prohibits both in PA. Section 9.04.030 defines Restaurant with Bar as one serving drinks under an ABC Type 41 or 47 license, so a bona fide eating place with a full bar needs no use permit here. A Bar or Cocktail Lounge (Type 40, 42 or 48) needs a use permit (U), and a Nightclub is U in the C column only and also needs an entertainment permit under Chapter 5.36. Keep the concept in the restaurant categories if you want to avoid a Planning Commission hearing.

  2. 02

    Hours and industrial sites: a Late-Night Use, meaning any business open to patrons between midnight and 5:00 a.m., needs a use permit in every commercial column, and Section 9.72.050 limits CN district business hours to 6:00 a.m. to 10:30 p.m. Restaurants are prohibited in the I column except for the limited allowance in the Pacific Commercentre business park (footnote 20), so check the zoning of any Bake Parkway or Lake Forest Drive business park building before touring it for food.

  3. 03

    Seating and parking: Section 9.168.070 item 31 requires 10 spaces minimum or 1 per 100 sq ft for indoor dining of 17 or more seats (1 per 80 sq ft above 4,000 sq ft), 1 per 200 sq ft for 16 or fewer seats with mainly take-away sales, nothing for a patio of 16 or fewer seats, and 1 per 100 sq ft of patio for 17 or more. Item 34 lets food uses in a shopping center of at least 8,000 sq ft with four or more different tenants park at the center's 1 per 200 sq ft ratio, which can make a full-service deal work in an El Toro Road center. Shared parking under Section 9.168.090 needs a study using at least two data sources, a buffer and a contingency plan.

  4. 04

    Patios: Outdoor Dining is an accessory use (A) in the C and UA columns, and footnote 1 limits accessory uses to 15% of the principal use's floor area, so ask Planning whether a patio on a 3,000 sq ft restaurant is capped near 450 sq ft. Section 9.72.085(A)(6) keeps everything else inside an enclosed building unless a site development or use permit allows it. In Foothill Ranch, the PC 8 text (Section X) allows outdoor dining only where it is shown on the approved site plan, keeps unenclosed trash areas 50 ft from residential zones and sends parking to its own Section XIX.

  5. 05

    Kitchen, health and grease: OC Health Care Agency's Plan Check unit reviews every new or remodeled food facility, and a health permit application is due before final inspection, including on a change of ownership. Sewer service is split. IRWD serves parts of Lake Forest and requires a grease interceptor for a new food service establishment, a change of ownership, a change of operations, or a remodel that adds under-slab plumbing, seating, kitchen area or different cooking equipment, sized to California Plumbing Code Table 1014.3.6. El Toro Water District serves other portions and requires a Wastewater FOG Application from every commercial kitchen. On an IRWD address, a change of ownership alone can trigger an interceptor.

  6. 06

    Approvals and opening: Section 9.184.020 processes site development permits (needed for a drive-through) administratively unless the Director refers them to the Planning Commission, while use permits always go to a public hearing. Lake Forest issues no business license, but Section 9.192.010 bars occupying a building altered by tenant improvements until the Director issues a certificate of use and occupancy, after a finding that the use meets zoning and any permit conditions. Tie rent commencement to that certificate and the health permit.

Sources

Zoning, licensing, and demographic figures on this page come from the public records below. Codes and licenses change, so confirm with the city and the licensing agency before you sign.

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