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4893 Main St, Yorba Linda, ...

Terra Culinary Acquires Retail Property In Yorba Linda From Janette Scull For $875,000
SOLDRetail

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

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

Jamie Harrison

Lee & Associates

Broker

$18.5M

vol

5 deals

Broker

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