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4846 Valley View Ave, Yorba...

Updated Oct 29, 2024

San Jose Central Travel Acquires The Shops At Yorba Linda For $7.8M
SOLD

San Jose Central Travel Acquires The Shops At Yorba Linda For $7.8M

4846 Valley View Ave, Yorba Linda, CA...

$7,800,000

Building Size

Asset Type

Closing

Nov 22, 2023

About this deal

AI

The property involved in the transaction is The Shops at Yorba Linda, a three-building center located at 4846-4854 Valley View Ave in Yorba Linda, California. The property was sold by Midtown National Group to San Jose Central Travel for $7.8 million. At the time of sale, the property was fully occupied by a mix of quick-serve restaurants, service tenants, unique retailers, and a Dunkin Donuts drive-thru.

Summary of transaction details:

  • Property Type: Three-building center
  • Transaction Amount: $7,800,000.00
  • Address: 4846 Valley View Ave, Yorba Linda, CA
  • Market: Yorba Linda
  • Buyer's Rep: Patrick Larimore(CBRE)
  • Brokers: Sam Alison(CBRE)
  • Buyer: San Jose Central Travel
  • Seller: Midtown National Group

The deal's key individuals and companies involved in this transaction were Sam Alison, Mike Philbin, Amar Goli, and Patrick Larimore of CBRE, who represented both the seller, Midtown National Group, and the buyer, San Jose Central Travel in the sale of The Shops at Yorba Linda.

Players

Sam Alison

CBRE

Broker

$11.5M

vol

2 deals

Broker
MG
Midtown National GroupSeller

Yorba Linda CRE Market Snapshot

Boundary boundary · CRE · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

2.03%

Cash-on-Cash

-0.58%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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