23041 Savi Ranch, Yorba Linda, 92887

REDUCED 2% Commercial - Retail For Sale

$62,196,421

Beds
Baths
Sqft
15.97Acres
1997Built
283DOM
MLS® #: PW20034435
Active, 283 Days on Market

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: $62,196,421.00 - Cap Rate: 4.75%. 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: $2,954,330.00/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.

Essential Information

MLS® #: PW20034435
Price: $62,196,421
Acres: 15.97
Year Built: 1997
Type: Commercial
Sub-Type: Retail
Status: Active

Community Information

Address: 23041 Savi Ranch
Area: Yorba Linda (85)
City: Yorba Linda
County: Orange
State: CA
Zip Code: 92887

Amenities

Parking Spaces: 912

Exterior

Lot Description: 0-1 Unit/Acre, Lot Over 40000 Sqft, Sprinkler System

Additional Information

Date Listed: February 16th, 2020
Days on Market: 283

Listing Details

Listing Agent: Minh Tran(01483565)
Listing Office: Minh Tran, Broker

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Listing information last updated on November 26th, 2020 at 4:15am PST.

Based on information from California Regional Multiple Listing Service, Inc. as of November 26th, 2020 at 4:16am PST. 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.