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23000 Savi Ranch

Yorba Linda, CA 92887
  • $12,290,000
  • STATUS: Active
  • ON SITE: 257 Days
  • ID#: AR21059087
UPDATED: 118 min ago
$12,290,000
  • 0
    BEDS
  • 3.7
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 46,449
    SQFT
  • $265
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1997
County:

School Ratings & Info

Listing Agent: Katherine Quach of Treeline Realty & Investment


Description

This is a Corporate Absolute Triple-Net NNN Lease with Best Buy Co., Inc.; No landlord responsibility. Current Cap rate at 5% with Annual Net Operation Income of $618,828. This Best Buy store has been in this location for more than 20 years. Best Buy has been paying full rent payment on time every month since the COVID-19 pandemic with zero default. It is located inside 350,000 square feet Savi Ranch power center, right off the highly traveled CA 91 Freeway, benefiting from high traffic counts with over 273,000 vehicles per day and more than 70,000 people with 3 miles radius with an average income of $156,000. Great Investment! Don't Miss out!

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Based on information from California Regional Multiple Listing Service, Inc. as of 2021-12-04T00:27:26.463. 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 Realty ONE Group Southwest. Licensed in the State of California, USA.
www.necolrealty.com/homes/115342610
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23000 Savi Ranch Yorba Linda, CA 92887

  • Price: $12,290,000
  • Status: Active
  • On Site: 257 Days
  • Updated: 118 min ago
  • ID#: AR21059087
0
Beds
0
Baths
0
½ Baths
3.7
Acres
46,449
SQFT
$265
$/SQFT
1997
Built
Neighborhood:
85 - Yorba Linda
County:
Orange
Area:
85 - Yorba Linda
Property Description
This is a Corporate Absolute Triple-Net NNN Lease with Best Buy Co., Inc.; No landlord responsibility. Current Cap rate at 5% with Annual Net Operation Income of $618,828. This Best Buy store has been in this location for more than 20 years. Best Buy has been paying full rent payment on time every month since the COVID-19 pandemic with zero default. It is located inside 350,000 square feet Savi Ranch power center, right off the highly traveled CA 91 Freeway, benefiting from high traffic counts with over 273,000 vehicles per day and more than 70,000 people with 3 miles radius with an average income of $156,000. Great Investment! Don't Miss out!
Exterior Features

Lot Features Lot Over 40000 Sqft

Property Features

Additional Parcels YN No Building Name Best Buy Common Interest None Laundry Features None Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms Cash To New Loan Number Of Units Leased 1 Property Sub Type Retail Special Listing Conditions Standard Water Source Public



Based on information from California Regional Multiple Listing Service, Inc. as of 2021-12-04T00:27:26.463. 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 Realty ONE Group Southwest. Licensed in the State of California, USA.
 
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Realty ONE Group Southwest
41463 Margarita Rd. Suite 100
Temecula CA, 92591
Listing Agent: Katherine Quach of Treeline Realty & Investment