310-704-3616
17474 Yorba Linda Blvd, Yorba Linda, CA for Sale
Retail - FOR SALE
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17474 Yorba Linda Blvd
Yorba Linda, CA 92886


HIGHLIGHTS

  • Sale of a 100% LP Interest in an LLC which owns a 8.5703% TIC interest in the real property above
  • longstanding partnership ownership
  • major retail center with anchor tenants
  • 99% occupied

OVERVIEW

The Interest is defined as a 100% membership interest in Mickel Yorba Linda, a Delaware LLC which owns and holds title to an eight and five seven zero three percent (8.5703%) interest in certain real estate described as at 17474-17568 Yorba Linda Blvd., Yorba Linda, CA. The subject property consists of three APNs: 341-231-53, 57 & 04 on an irregular shaped site and is known as Valley View Shopping Center. The improvements consist of six separate buildings on a site area of 384,613 square feet according to Costar records. The building were built in 1964, 1981 & more recently according to Fidelity Title Company & Costar records. The improvements total 110,021 square feet according to Costar records. Anchored by Target, Sprouts Farmer’s Market, Chase Bank and KFC. There are a total of 513 surface parking spaces. The property is located at the intersection of Yorba Linda Blvd. & Richfield Road in Yorba Linda, Orange County, California. • $2,398,364 in Net operating Income for the property for 2024 • Distributions paid to Interest holder: 2023 Distribution $332,098 (includes one time distribution of $319,243 – cash from refinancing) 2024 Distribution $55,705 • Property is nearly 99.61 % occupied • The property was appraised for $27,000,000 in November 2024

FOR SALE DETAILS

PRICE

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CAP RATE

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% LEASED

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TENANCY

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SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

8.5703% TIC Interest Sale

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

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STORIES

1

YEAR BUILT

1964

SPRINKLERS

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PARKING SPACES

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LAND DETAILS

LAND ACRES

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LAND SF

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ZONING

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APN/PARCEL ID

341-231-53,341-241-04,341-241-57

ASK ABOUT THIS PROPERTY

Todd WohlBraun InternationalMore Info
310-704-3616

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Todd WohlBraun InternationalMore Info
310-704-3616

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.