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3910 Prospect Avenue

Harbor Associates Acquires Yorba Linda Commerce Center For $81 Million With Broker Gary Martinez
SOLDIndustrial

Harbor Associates Acquires Yorba Linda Commerce Center For $81 Million With Broker Gary Martinez

3910 Prospect Avenue

$81,000,000

$289/SF

Building Size

280,000 SF

Asset Type

Industrial

Closing

May 15, 2026

AI

The asset involved in the transaction is the Yorba Linda Commerce Center, an industrial property located at 3910 Prospect Avenue, Yorba Linda, California. The sale price of the property was $81,000,000, and it encompasses approximately 280,000 square feet of space. The price per square foot is $289, highlighting the value of this multi-tenant industrial park.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: $81,000,000
  • Address: 3910 Prospect Avenue
  • Market: Yorba Linda
  • Square Footage: 280,000
  • Price per Square Foot: $289
  • Buyer: Harbor Associates
  • Broker: Gary Martinez - Ashwill Associates

Ashwill Associates, represented by Gary Martinez, played a significant role in the completed transaction for this industrial asset. The firm undertook a long-term assignment focusing on market analysis, tenant-level underwriting, and property positioning, which were essential factors contributing to the success of the deal. This transaction reflects the ongoing strong demand for multi-tenant industrial properties in desirable Orange County locations.

Players

Gary Martinez

Ashwill Associates

Broker
Broker
Harbor Associates
Harbor AssociatesBuyer

Yorba Linda Industrial Market Snapshot

Boundary boundary · Industrial · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.20%

Cash-on-Cash

-0.06%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93