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    23000 Savi Ranch

    Yorba Linda, CA 92887
    • $12,290,000
    • STATUS: Active
    • ON SITE: 136 days
    • ID#: AR21059087
    UPDATED: 237 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

    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!

    Monthly Payment Calculator



    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-08-05T00:27:25.25. 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 Keller Williams Realty. Licensed in the State of California, USA.
    www.therealestategirl.com/homes/115342610
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    23000 Savi Ranch Yorba Linda, CA 92887

    • Price: $12,290,000
    • Status: Active
    • Updated: 237 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

    Listing provided courtesy of Katherine Quach of Treeline Realty & Investment


    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-08-05T00:27:25.25. 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 Keller Williams Realty. Licensed in the State of California, USA.
     
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