Fee simple, Savi Ranch Power Shopping Center, Yorba Linda, Orange County, CA.
Yorba Linda is one of the Orange County’s wealthiest cities with average household income in excess of $165,000 annually.
Address: 23021-23081 Savi Ranch Pkwy, Yorba Linda, CA 92887.
Offering Price: $63,429,555.00 - Cap Rate: 4.5%.
Owners are willing to carry a short-term loan.
Freeway Visible – 91 Freeway with 233,000 cars per day.
Land Size:+/- 15.97 Acres - Building Size: +/- 160,773sqft - +/- 912 Parking Spaces.
Net Rental Income: $2,854,330.00/year, Absolute NNN.
Rent Increase: See lease abstract.
UBS CMBS assumable loan: $24,750,000.00 @ 5.0085%, 30-yr amortization, due in 10 years. Assumption fee: (a) NONE in connection with the first such Transfer, (b) one-half of one percent (0.5%) of the Outstanding Principal Balance in connection with the second such Transfer and (c) one percent (1%) of the Outstanding Principal Balance in connection with each Transfer thereafter.
Special Request: Please do not disturb tenants.
Broker Co-Op: Flat fee of $350,000.00.
- Price: $ 62,196,421
- MLS ID: PW20034435
- Property Type: Commercial
- WEB ID: PR01401318
- Property Status: Active
- Listing Status: Active
- Listing Agent: Minh Tran
of Pacific West
- Listing Office: Minh Tran, Broker
Disclaimer: Based on information from CARETS as of 17th May 2021 at 4:12am. The information being provided by CARETS is for the visitor's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CARETS, CLAW, CRISNet MLS, i-Tech MLS, PSRMLS and/or VCRDS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Any property information referenced on this website comes from the Internet Data Exchange (IDX) program of CRISNet MLS and/or CARETS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.