Address

23041 Savi Ranch Yorba Linda, CA

Type

Commercial

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

Data Provided by Walkscore ® not using MLS data

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San Ramon, CA 94583
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Based on information from California Regional Multiple Listing Service, Inc. as of January 27, 2021 4:45 PM UTC 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.

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This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not tofurther investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g.square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial usein accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and videotours and the compilation from which they are derived is protected by copyright.Compilation © 2019 San Diego MLS. Last Updated: January 27, 2021 4:45 PM UTC Show More...

The information being provided by CARETS (CLAW, CRISNet MLS, DAMLS, CRMLS, i-Tech MLS, and/or VCRDS) is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (IDX) program of CARETS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CARETS, CLAW, CRISNet MLS, DAMLS, CRMLS, i-Tech MLS 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. CARETS, California Real Estate Technology Services, is a consolidated MLS property listing data feed comprised of CLAW (Combined LA/Westside MLS), CRISNet MLS (Southland Regional AOR), DAMLS (Desert Area MLS), CRMLS (California Regional MLS), i-Tech MLS (Glendale AOR/Pasadena Foothills AOR) and VCRDS (Ventura County Regional Data Share). Last updated January 27, 2021 5:07 PM UTC Show More...