Existing operators are the most honest comp for whether a use can support Rancho Santa Margarita rents. These are publicly visible retail pad space businesses currently trading in the market.
In-N-Out Burger, Rancho Santa Margarita, store 281
30121 Santa Margarita Parkway, Rancho Santa Margarita, CA 92688
Drive-thru and dining room, opened February 13, 2013, per In-N-Out's locator data. The only In-N-Out in the city.
Plaza Antonio pad and bank buildings (Del Taco, Wells Fargo, El Pollo Loco, Chase)
22351 Antonio Parkway, Rancho Santa Margarita, CA 92688
Westar Associates' roster lists Del Taco on PAD-G (3,513 SF), Wells Fargo Bank on PAD-H (4,000 SF), El Pollo Loco on PAD-I (2,250 SF) and Chase Bank in J-1 (5,500 SF). Del Taco's own locator gives the same 22351 Antonio Parkway address.
Starbucks, Santa Margarita Pkwy & Antonio (drive-thru)
31461 Santa Margarita Parkway, Rancho Santa Margarita, CA 92688
Company-operated store with a drive-thru and cafe seating, per Starbucks' locator.
Taco Bell, Santa Margarita Parkway
31491 Santa Margarita Parkway, Rancho Santa Margarita, CA 92688
Tagged Drive-Thru in Taco Bell's Rancho Santa Margarita directory. Next address up from the Starbucks drive-thru at 31461.
Starbucks, Oso & Antonio - Drive Thru
28622 Oso Parkway, Rancho Santa Margarita, CA 92688
Starbucks' locator lists a drive-thru and no in-cafe seating, so it appears to be a drive-thru-only building. Starbucks also runs a separate cafe at 28562 Oso Parkway.
Taco Bell and Jack in the Box, Oso Parkway
28532 Oso Parkway and 28592 Oso Pkwy, Rancho Santa Margarita, CA 92688
Taco Bell's directory tags 28532 Oso Parkway as Drive-Thru; Jack in the Box lists 28592 Oso Pkwy as its only city location.
Wendy's, Avenida de las Flores
30471 Avenida de las Flores, Rancho Santa Margarita, CA 92688
The only Wendy's in the city, per Wendy's location list.
Chipotle Rancho Santa Margarita
22245 El Paseo, Rancho Santa Margarita, CA 92688
The only Chipotle in the city. Its store page lists in-store pickup only, with no Chipotlane.