Arbor Realty Capital Advisors, Inc. (“Broker”) is pleased to present for sale a single-tenant, NNN-leased PetSmart located at 5521 Mirage
Street, Yorba Linda, California (the “Property”).
The Property totals 25,497 SF and is strategically positioned at the high-traffic intersection of Yorba Linda Boulevard and Savi Ranch Parkway, which sees more than 60,000 vehicles per day. The asset is part of the greater Savi Ranch district, a 1.35 million square foot master-planned retail and industrial hub featuring over 900,000 SF of retail and 450,000 SF of industrial. Savi Ranch hosts a premier tenant roster including Costco, Home Depot, Best Buy, Dick’s Sporting Goods, Kohl’s, Michaels, Sprouts, Staples, La-Z-Boy, Sephora, and Maserati. The strength of this location is underscored by a regional retail vacancy rate of just 3.8%, highlighting the long-term stability of the trade area.
With below market rent and the current lease expiring in November 2029, the Property offers investors stable near-term cash flow with strong upside potential through the execution of a new long-term lease, capturing additional value in this high-demand, supply-constrained market.