Updated Oct 28, 2024
Terra Culinary Acquires Retail Property In Yorba Linda From Janette Scull For $875,000
4893 Main St, Yorba Linda, CA, USA
$875,000
$875/SF
Building Size
1,000 SF
Asset Type
Retail
Closing
Oct 28, 2021
About this deal
AI
Located at 4893 Main St. in Yorba Linda, this retail property was recently sold in a transaction on October 28, 2021. The property spans 1,000 square feet and was sold for a total price of $875,000, resulting in a price per square foot of $875. The property is situated in the Yorba Linda market, offering a prime location for retail businesses.
Summary of transation details
- Property Type: Retail
- Transaction Amount: $875,000
- Address: 4893 Main St.
- Market: Yorba Linda
- Square Footage: 1,000
The buyer in this transaction is Terra Culinary, represented by Nick Saba. The seller is Janette Scull. The deal was facilitated by brokers Jamie Harrison and Chris Manassero from Lee & Associates. Their expertise and negotiation skills played a crucial role in closing this successful transaction.
Players
Yorba Linda Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
18.13%
Cash-on-Cash
-5.18%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93