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