Single-Tenant PetSmart NNN
5521 Mirage St Yorba Linda, CA 92887
For Sale
Contact for pricing
Single-tenant PetSmart on an NNN basis with lease in place through November 2029 at a high-traffic intersection.
Property Size25,497 SF
Price / SF$269.28
Days on Market178
Property Features for 5521 Mirage St
General Information
- Standard status
- Active
- Size
- 25,497 SF
- Property subtype
- Retail
Listing Agency:
Arbor Realty Capital Advisors
Listed By:
Josh Levy · License #CA 01068569
Source:
Crexi
Added: Jan 26
Changed: Jul 23
Last Checked: Jul 23 at 7:06AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Arbor Realty Capital Advisors
Investment Insights
Based on property information with market context.
Arbor Realty Capital Advisors, Inc. (“Broker”) presents a single-tenant PetSmart opportunity, offered on an NNN basis. The property totals 25,497 SF and is currently leased, with the existing lease scheduled to expire in November 2029.
Located at 5521 Mirage Street in Yorba Linda, the asset is positioned at the high-traffic intersection of Yorba Linda Boulevard and Savi Ranch Parkway, with reported traffic of more than 60,000 vehicles per day. The site is part of the Savi Ranch district, a 1.35 million square foot master-planned retail and industrial hub featuring over 900,000 SF of retail and 450,000 SF of industrial.
Savi Ranch includes a tenant roster such as Costco, Home Depot, Best Buy, Dick’s Sporting Goods, Kohl’s, Michaels, Sprouts, Staples, La-Z-Boy, Sephora, and Maserati. The offering also notes below-market rent and highlights the opportunity to extend value through a new long-term lease.
Located at 5521 Mirage Street in Yorba Linda, the asset is positioned at the high-traffic intersection of Yorba Linda Boulevard and Savi Ranch Parkway, with reported traffic of more than 60,000 vehicles per day. The site is part of the Savi Ranch district, a 1.35 million square foot master-planned retail and industrial hub featuring over 900,000 SF of retail and 450,000 SF of industrial.
Savi Ranch includes a tenant roster such as Costco, Home Depot, Best Buy, Dick’s Sporting Goods, Kohl’s, Michaels, Sprouts, Staples, La-Z-Boy, Sephora, and Maserati. The offering also notes below-market rent and highlights the opportunity to extend value through a new long-term lease.
Key Highlights
- 25,497 SF single‑tenant PetSmart for sale on an NNN basis
- Lease in place through November 2029
- Located at the high‑traffic intersection of Yorba Linda Blvd and Savi Ranch Pkwy with 60,000+ vehicles per day
Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $856.7k | $33.60 |
| − Vacancy | −$29.1k | −$1.14 |
| EGI | $827.6k | $32.46 |
| − OpEx | −$248.3k | −$9.74 |
| NOI | $579.3k | $22.72 |
25,497 SF · lease $33.60/SF/yr · vacancy 3.40% · expense 30.00%
Alternative Uses
Best Use
Retail
$8.28M
$7.24M – $9.66M
NOI $579,300 @ 7.0% cap · market cap 8.44%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$8.56M
$7.49M – $9.99M
NOI $599,475 @ 7.0% cap · market cap 8.73%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Cats In Need Yorba ...
Charitable Organization
PetSmart
(Bike/Boat/Book/etc) Store
PetSmart Doggie Day ...
Kennel & Boarding Facility
TagWorks
(Bike/Boat/Book/etc) Store
PetSmart Dog Training
Animal Training
FAQs
What type of property is this?
Retail space - Single-tenant PetSmart on an NNN basis with lease in place through November 2029 at a high-traffic intersection.
Where is this retail space located?
The property is located at 5521 Mirage St Yorba Linda, CA.
What is the asking price?
The asking price for this property is $6,865,929.
What are key features of this property?
This property features: 25,497 SF single‑tenant PetSmart for sale on an NNN basis; Lease in place through November 2029; Located at the high‑traffic intersection of Yorba Linda Blvd and Savi Ranch Pkwy with 60,000+ vehicles per day
