Lake Forest / South Orange County

Retail Pad Space in Lake Forest

The tightest cluster of drive-thru pads is on Portola Parkway in Foothill Ranch, where Chick-fil-A (26792), Raising Cane's (26782), Taco Bell (26656) and a Bank of America (26660) sit within a few hundred street numbers of each other, near Target's Foothill Ranch store (26762). Elsewhere, drive-thru QSRs line Lake Forest Drive (Jack in the Box at 20101 and 22661, Wendy's at 21781) and the El Toro Road and Rockfield Boulevard corridor (Jack in the Box at 23812, Taco Bell at 23651 Rockfield, Starbucks drive-thru at 23622 Rockfield), with Del Taco at 22349 and 23781 El Toro Road. Both corridors also have I-5 interchanges, where Caltrans counts the freeway at more than 200,000 vehicles a day.

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

Retail Pad 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 retail pad space businesses currently trading in the market.

  • Chick-fil-A Foothill Ranch

    26792 Portola Parkway, Foothill Ranch, CA 92610

    Dine-in, carry-out and drive-thru, per Chick-fil-A's own restaurant page. Chick-fil-A's "El Toro Road" restaurant is at 24011 El Toro Road in Laguna Hills, so this is the only one with a Lake Forest area address.

  • Raising Cane's Foothill Ranch

    26782 Portola Parkway, Foothill Ranch, CA 92610

    Drive-thru listed as an amenity on Raising Cane's store page, with drive-thru hours of 9:00 a.m. to midnight Sunday to Wednesday and to 1:00 a.m. Thursday to Saturday.

  • Taco Bell (two drive-thrus)

    23651 Rockfield Boulevard, Lake Forest, CA 92630 and 26656 Portola Parkway, Foothill Ranch, CA 92610

    Both tagged Drive-Thru on Taco Bell's own Lake Forest and Foothill Ranch pages.

  • Jack in the Box (three drive-thrus)

    23812 El Toro Road, 22661 Lake Forest Drive and 20101 Lake Forest Drive, Lake Forest, CA 92630

    Each store page lists separate drive-thru hours. The El Toro Road store shows drive-thru hours of 4:00 a.m. to 4:00 a.m. (around the clock) with the lobby open 6:00 a.m. to 10:00 p.m.

  • Wendy's

    21781 Lake Forest Drive, Suite A, Lake Forest, CA 92630

    Wendy's store page lists drive-thru hours. The only Lake Forest Wendy's; Wendy's has no Foothill Ranch page.

  • Bank of America financial centers

    22491 El Toro Road and 23831 El Toro Road, Lake Forest, CA 92630; 26660 Portola Parkway, Foothill Ranch, CA 92610

    Bank of America's locator names the 22491 branch El Toro-Trabuco. Whether each branch is a freestanding pad was not confirmed.

What to diligence before LOI

  1. 01

    Drive-through permit: the Land Use Matrix in Section 9.72.090 lists Drive-Through as a site development permit (S) in the C, I, PA and UA categories and prohibits it in CAN, A1 and OS. Section 9.184.020(D) has the Director of Community Development act on site development permits administratively unless a Planning Commission hearing is judged to serve the public interest better. The chapters we read set no stacking length or order-board setback, so get Planning's queue expectations at (949) 461-3535 before you commit to a site plan.

  2. 02

    Late hours: Section 9.04.030 treats any use open to patrons between midnight and 5:00 a.m. as a Late-Night Use, which needs a use permit, processed with a public hearing under Section 9.184.020(C), in every commercial category, and Section 9.72.050 caps business hours in the CN district at 6:00 a.m. to 10:30 p.m. The El Toro Road Jack in the Box lists an around-the-clock drive-thru, Del Taco at 22349 El Toro Road lists 24-hour service, and Raising Cane's Foothill Ranch runs its drive-thru to 1:00 a.m. Thursday to Saturday, so a pad user planning similar hours should budget for the use permit.

  3. 03

    Setbacks and trash: Table 9.72.100 requires 20 ft setbacks from streets, alleys and A or R district lines in the CN district, 5 ft from streets and 20 ft from A or R district lines in CC, and no street setback in C1 and C2. Section 9.72.085(A)(5) keeps unroofed trash enclosures at least 40 ft from residential and agricultural districts. In Foothill Ranch, PC 8 Section X requires 10 ft from street property lines, 20 ft from residential and open space planning areas, and fully enclosed trash within 50 ft of residential.

  4. 04

    Parking: Section 9.168.070 item 31 parks restaurants with 17 or more indoor seats at a 10-space minimum or 1 per 100 sq ft up to 4,000 sq ft (1 per 80 sq ft above that), plus 1 per 100 sq ft of patio once outdoor seats reach 17; banks are 1 per 200 sq ft. Item 34 lets restaurants and other typical shopping center uses park at 1 per 200 sq ft inside a center of at least 8,000 sq ft with four or more different tenants, so a 3,000 sq ft QSR pad needs 15 spaces inside a qualifying center and 30 on a standalone parcel. Foothill Ranch PC parcels use the PC's own Section XIX instead.

  5. 05

    Auto service, fuel and ATM pads: the matrix requires a use permit for Auto Repair, Light (tire, lube, tune-up) and for Car Wash in C and UA, a site development permit for an Automobile Fueling Station in C, I and UA, and a site development permit for a freestanding ATM in C (accessory only in I, PA and UA). Financial Institution is permitted by right in C, I, PA and UA.

  6. 06

    Traffic: Caltrans' 2023 AADT counts put I-5 at 216,200 vehicles a day south of the El Toro Road interchange and 268,300 between El Toro Road and Lake Forest Drive, dropping to 245,300 north of Lake Forest Drive, and SR-241's Portola Parkway count point at 42,800. These are freeway mainline volumes, not counts on El Toro Road, Lake Forest Drive or Portola Parkway, so ask the landlord or the City for an arterial count before you rely on drive-by traffic.

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.

Talk to a broker