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    23041 Savi Ranch

    Yorba Linda, CA 92887
    • $62,196,421
    • STATUS: Active
    • ON SITE: 217 days
    • ID#: PW20034435
    UPDATED: 31 min ago
    $62,196,421
    • 0
      BEDS
    • 15.97
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 160,773
      SQFT
    • $387
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    1997
    County:

    School Ratings & Info

    Description

    Fee simple, Savi Ranch Power Shopping Center, Yorba Linda, Orange County, CA. Yorba Linda is one of the Orange County+GGs wealthiest cities with average household income in excess of $165,000 annually. Address: 23021-23081 Savi Ranch Pkwy, Yorba Linda, CA 92887. Offering Price: $62,196,421.00 - Cap Rate: 4.75%. Owners are willing to carry a short-term loan. Freeway Visible +GG 91 Freeway with 233,000 cars per day. Land Size:+/- 15.97 Acres - Building Size: +/- 160,773sqft - +/- 912 Parking Spaces. Net Rental Income: $2,954,330.00/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.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-09-21T11:26:18.46. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or American Real Estate List & Sell. Licensed in the State of California, USA.

    www.americanrealestatehomes.com/homes/103282610
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    23041 Savi Ranch Yorba Linda, CA 92887

    • Price: $62,196,421
    • Status: Active
    • Updated: 31 min ago
    • ID#: PW20034435
    0
    Beds
    0
    Baths
    0
    ½ Baths
    15.97
    Acres
    160,773
    SQFT
    $387
    $/SQFT
    1997
    Built
    Neighborhood:
    85 - Yorba Linda
    County:
    Orange
    Area:
    85 - Yorba Linda
    Property Description
    Fee simple, Savi Ranch Power Shopping Center, Yorba Linda, Orange County, CA. Yorba Linda is one of the Orange County+GGs wealthiest cities with average household income in excess of $165,000 annually. Address: 23021-23081 Savi Ranch Pkwy, Yorba Linda, CA 92887. Offering Price: $62,196,421.00 - Cap Rate: 4.75%. Owners are willing to carry a short-term loan. Freeway Visible +GG 91 Freeway with 233,000 cars per day. Land Size:+/- 15.97 Acres - Building Size: +/- 160,773sqft - +/- 912 Parking Spaces. Net Rental Income: $2,954,330.00/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.
    Exterior Features

    Lot Features 0-1 Unit/AcreLot Over 40000 SqftSprinkler System Lot Size Source Assessor Lot Size Units Square Feet Parking Total 912.00 Topography Flat

    Interior Features

    Condo Area Units Square Feet Laundry Features None

    Property Features

    Accounting Type Actual Additional Parcels Description 352231013522310235223103352231053522310635223107 Additional Parcels YN Yes Anchors Co Tenants Dick's Sporting GoodsBed Bath BeyondMichael'sKfcWest Coast LivingHome Consignment Center Building Area Units Square Feet Building Status Existing Cap Rate 4.50 Country Us Current Financing Conventional Investment Property YN Yes Land Use Retail Laundry YN No Leasable Area Units Square Feet Max Total Area Units Square Feet Min Total Area Units Square Feet Number Of Units Leased 10 Property Sub Type Retail Special Listing Conditions Standard Sprinklers YN Yes Tax Annual Amount 33660000.00 Tax Year 2019 Total Monthly Rent 237860 Water Source Public

    Listing provided courtesy of Minh Tran of Minh Tran, Broker


    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-09-21T11:26:18.46. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or American Real Estate List & Sell. Licensed in the State of California, USA.

     
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