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NNN Industrial Investment | Corona, CA

NNN Leased Industrial | Corona, CA

Listing Contacts

Active

Asking Price: $3,037,156
Address 

130 Industrial Way, Corona, CA 92882

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Date Added
Jan 9, 2025
Days on Market
161 days
Time Since Last Update
98 days

Details

Property TypeIndustrial
SubtypeDistribution, Warehouse
Investment TypeCore+
Lease TypeNNN
TenancySingle
Brand/TenantOff The Charts
Lease Term10 years
Lease Commencement05/01/2022
Lease Expiration04/30/2032
Remaining Term6.9 years
Square Footage6,790
Net Rentable (sq ft)6,790
Price/Sq Ft$447.30
Cap Rate9.53%
Occupancy100%
Occupancy Date05/01/2022
NOI$289,365
Units1
Year Built1970
Buildings1
Stories1
ZoningM1
Lot Size (acres)0.52
Parking (spaces)23
Rent Bumps3% Annually
APN118-320-006
Price/Unit$3,037,156
Lease Options(2) Five-Year Fixed
Ground LeaseNo
Loading Docks3
Ceiling Height10
Sale Condition1031 exchange
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Marketing Description

CBRE, Inc.​ is offering 130 Industrial Way, Corona, CA for investment sale.​ This ±6,790 SF property on 0.52 acres presents a prime opportunity for buyers seeking long-term cash flow with minimal landlord responsibilities and strategic location benefits.​ The property is currently occupied by a single tenant with strong sales, on a long-term lease, in the heart of Corona.​ Directly adjacent to the 91 freeway, the property offers easy access to major transportation routes, which is essential for efficient logistics, distribution, and service-oriented businesses.​ The property is zoned for industrial use, and the building can be converted back into it’s original three-tenant configuration.​

Investment Highlights

Property Highlights

  • Building SF - ±6,790 SF

  • Lot Size - ±0.52 Acres

  • Clear Height - 10 Feet

  • Loading - Three (3) Grade Level

  • Parking Spaces - 23

  • Tenancy - Single

  • Yard - Fenced

  • Year Built - 1970

Investment Highlights

  • Tenant - Off The Charts

  • Lease Commencement 5/1/22 - Lease Expiration 4/30/2032

  • Lease Type - NNN

  • Options - (2)Five-Year Fixed

  • Rent Escalations - 3% Annually

  • Current NOI - $289,365

  • Cap Rate - 9.53%

Valuation Calculator

Valuation Calculator

Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
> $289,365.00
$24,113.75/mo

Valuation Metrics

0
DSCR
9.53%
Cap Rate
9.53%
ROI
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Due Diligence

Due diligence information will be provided.
Please reach out to the listing contacts for details.

Contact

Listing Contacts


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Additional Information
Broker Name
Blake Wade
Broker License
CA 02118407
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