Terra Culinary Acquires Retail Property In Yorba Linda From Janette Scull For $875,000
SOLD
$875,000
California
See Similar DealsRetail1,000 SF
Sold
SOLD
Terra Culinary Acquires Retail Property In Yorba Linda From Janette Scull For $875,000
4893 Main St, Yorba Linda, CA, USA
See Similar DealsRetail1,000 SF
Sold
Summary
CALIFORNIA
Asset Type:Retail
Price Per Square Foot:$875
Total Square Footage:1,000 SF
Transaction Type:Sale
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.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$46,666.67
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$3,108.69
Cash-on-Cash Return-1.27%
Monthly Debt Service$4,147.95
Annual Debt Service$49,775.36
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