diff --git a/nuget/helpers/lib/NuGetUpdater/NuGetUpdater.Core.Test/Update/UpdateWorkerTests.PackagesConfig.cs b/nuget/helpers/lib/NuGetUpdater/NuGetUpdater.Core.Test/Update/UpdateWorkerTests.PackagesConfig.cs
index 047cb89316..d2d1dc8d8c 100644
--- a/nuget/helpers/lib/NuGetUpdater/NuGetUpdater.Core.Test/Update/UpdateWorkerTests.PackagesConfig.cs
+++ b/nuget/helpers/lib/NuGetUpdater/NuGetUpdater.Core.Test/Update/UpdateWorkerTests.PackagesConfig.cs
@@ -2291,6 +2291,62 @@ public async Task MissingTargetsAreReported()
             Assert.Equal(Path.Combine(temporaryDirectory.DirectoryPath, "this.file.does.not.exist.targets"), result.ErrorDetails!.ToString());
         }
 
+        [Fact]
+        public async Task MissingVisualStudioComponentTargetsAreReportedAsMissingFiles()
+        {
+            using var temporaryDirectory = await TemporaryDirectory.CreateWithContentsAsync(
+                [
+                    ("project.csproj", """
+                        <Project ToolsVersion="15.0" DefaultTargets="Build" xmlns="http://schemas.microsoft.com/developer/msbuild/2003">
+                          <Import Project="$(MSBuildExtensionsPath)\$(MSBuildToolsVersion)\Microsoft.Common.props" Condition="Exists('$(MSBuildExtensionsPath)\$(MSBuildToolsVersion)\Microsoft.Common.props')" />
+                          <Import Project="$(MSBuildExtensionsPath32)\Microsoft\VisualStudio\v$(VisualStudioVersion)\Some.Visual.Studio.Component.props" />
+                          <PropertyGroup>
+                            <TargetFrameworkVersion>v4.5</TargetFrameworkVersion>
+                          </PropertyGroup>
+                          <ItemGroup>
+                            <None Include="packages.config" />
+                          </ItemGroup>
+                          <ItemGroup>
+                            <Reference Include="Some.Package, Version=1.0.0.0, Culture=neutral, PublicKeyToken=30ad4fe6b2a6aeed">
+                              <HintPath>packages\Some.Package.1.0.0\lib\net45\Some.Package.dll</HintPath>
+                              <Private>True</Private>
+                            </Reference>
+                          </ItemGroup>
+                          <Import Project="$(MSBuildToolsPath)\Microsoft.CSharp.targets" />
+                        </Project>
+                        """),
+                    ("packages.config", """
+                        <packages>
+                          <package id="Some.Package" version="1.0.0" targetFramework="net45" />
+                        </packages>
+                        """),
+                    ("NuGet.Config", """
+                        <configuration>
+                          <packageSources>
+                            <clear />
+                            <add key="private_feed" value="packages" />
+                          </packageSources>
+                        </configuration>
+                        """)
+                ]
+            );
+            MockNuGetPackage[] packages =
+            [
+                MockNuGetPackage.CreateSimplePackage("Some.Package", "1.0.0", "net45"),
+                MockNuGetPackage.CreateSimplePackage("Some.Package", "1.1.0", "net45"),
+            ];
+            await MockNuGetPackagesInDirectory(packages, Path.Combine(temporaryDirectory.DirectoryPath, "packages"));
+            var resultOutputPath = Path.Combine(temporaryDirectory.DirectoryPath, "result.json");
+
+            var worker = new UpdaterWorker(new ExperimentsManager(), new TestLogger());
+            await worker.RunAsync(temporaryDirectory.DirectoryPath, "project.csproj", "Some.Package", "1.0.0", "1.1.0", isTransitive: false, resultOutputPath: resultOutputPath);
+
+            var resultContents = await File.ReadAllTextAsync(resultOutputPath);
+            var result = JsonSerializer.Deserialize<UpdateOperationResult>(resultContents, UpdaterWorker.SerializerOptions)!;
+            Assert.Equal(ErrorType.MissingFile, result.ErrorType);
+            Assert.Equal("$(MSBuildExtensionsPath32)/Microsoft/VisualStudio/v$(VisualStudioVersion)/Some.Visual.Studio.Component.props", result.ErrorDetails!.ToString().NormalizePathToUnix());
+        }
+
         [Fact]
         public async Task ReportsPrivateSourceAuthenticationFailure()
         {
diff --git a/nuget/helpers/lib/NuGetUpdater/NuGetUpdater.Core/Utilities/MSBuildHelper.cs b/nuget/helpers/lib/NuGetUpdater/NuGetUpdater.Core/Utilities/MSBuildHelper.cs
index 32dc812dbf..411b892a12 100644
--- a/nuget/helpers/lib/NuGetUpdater/NuGetUpdater.Core/Utilities/MSBuildHelper.cs
+++ b/nuget/helpers/lib/NuGetUpdater/NuGetUpdater.Core/Utilities/MSBuildHelper.cs
@@ -895,9 +895,13 @@ internal static void ThrowOnUnauthenticatedFeed(string stdout)
 
     internal static string? GetMissingFile(string output)
     {
-        var missingFilePattern = new Regex(@"The imported project \""(?<FilePath>.*)\"" was not found");
-        var match = missingFilePattern.Match(output);
-        if (match.Success)
+        var missingFilePatterns = new[]
+        {
+            new Regex(@"The imported project \""(?<FilePath>.*)\"" was not found"),
+            new Regex(@"The imported file \""(?<FilePath>.*)\"" does not exist"),
+        };
+        var match = missingFilePatterns.Select(p => p.Match(output)).Where(m => m.Success).FirstOrDefault();
+        if (match is not null)
         {
             return match.Groups["FilePath"].Value;
         }