Address
23041 Savi Ranch Yorba Linda, CA
Price
$ 62,196,421
Property Attributes
  • MLS#PW20034435
  • TypeCommercial
  • CountyORANGE
  • CityYorba Linda
  • AreaYorba Linda
  • Zip92887
  • StyleRetail
  • Price$ 62,196,421
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage160773
Listing Provided Courtesy Of:
Minh Tran with Minh Tran, Broker.
Property 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: +/- 160,773sqft - +/- 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.

Price History
2/17/2020 Listed $63,429,555
5/11/2020 2% - $62,196,421

General Features

Current Financing Conventional
Directions Savi Ranch Pkwy/Weir Canyon Road at 91 Fwy
Listagentaor Pacific West
Listing Agent Minh Tran - BRE#01483565
Listing Agent State License 01483565
MLS Area 85 - Yorba Linda
Number of Units Leased 10
Price Per Square Foot 386.86
Property SubType Retail
Property Type Commercial Sale
Source System CRMLS
Special Listing Conditions Standard
Topography Flat
Total Units 10

Interior Features

Condo Area Unit Type Square Feet
Laundry Features None

Exterior Features

Building Area Total 160773.00
Land Use Retail
Lot Size Source Assessor
Number of Buildings 10
Total Parking 912.00
Water Source Public

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 92887

Price
AVG $17.27M
$62.2M
Visits
AVG 93
113
Year Built
AVG 1997
1997
Walkscore
AVG 31
28
Data Provided by Walkscore ® not using MLS data

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