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 92
23041 Savi Ranch Pkwy, Yorba Linda, CA 92887, USA
$62,196,421 USD
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Address23041 Savi ranch, Yorba Linda
Property SubtypeRetail
Price$62,196,421
Price Changed1.94% (-$1,233,134, 258 days ago)
Property TypeCommercial Sale
Year Built1997
Bedrooms Total0
Living Area160,773 ft2
Listing IDPW20034435
StatusActive
Parcel Number35223104
Special ConditionsStandard
Days on Market341

Detailed Description: 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: + / – 160,773 sq.ft – + / – 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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Address Information
Address23041 Savi ranch, Yorba Linda
CityYorba Linda
Location (MLS Area)85 – Yorba Linda
County Or ParishOrange
State or ProvinceCA
Postal Code92887
Postal Code Plus44669
CountryUS
Financial Information
Price Changed-1.9441%
Previous Price$63,429,555
Price per Square Foot$386.86
Total Monthly Rent$237,860
Special ConditionsStandard
Tax Annual Amount$33,660,000
Tax Year2019
Full Descriptions
Parcel Number35223104
Detailed DescriptionFee 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: + / – 160,773 sq.ft – + / – 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.
Water SourcePublic
Laundry FeaturesNone
TopographyFlat
Property parameters
Year Built1997
Living Area (Sq.Ft.)160,773 ft2
Lot Size SourceAssessor
Number of Buildings10
Number of Units Leased10
Number of Units Total10
Parking Spaces912
Water SourcePublic
Land Usage DescriptionRetail
Property SubtypeRetail
Building StatusExisting
Units Total10
Accounting TypeActual
Cap Rate (For Cash Payment Only)4.5
Listed withMinh Tran (Minh Tran, Broker)