Listed by KBC Advisors
$3,120,000
9 % CAP | 130 Industrial Way
Details
Property Type Industrial
Sub Type Warehouse
Square Footage 6,790
Units 3
Cap Rate 9.00%
Tenancy Single
Price per SqFt $460
Class C
Year Renovated 2020
Ceiling Height 10
Ownership Private
130 Industrial Way | Corona, CA – HIGH CAP RATE!!!!
Marketing description
130 Industrial Way | Corona, CA - HIGH CAP RATE!!!
±6,790 SF single-tenant industrial asset on 0.52 acres, directly adjacent to the 91 Freeway. Fully leased through 4/30/2032 to Off The Charts, a 23-location, city-approved cannabis operator, under a NNN lease with 3% annual escalations and strong personal guaranty.
Are you in a 1031 exchange?!
Investment highlights
Current NOI: ~$281,000.. Minimal landlord responsibilities, strong rent-to-sales coverage, and long-term income security. Zoning and layout allow future re-tenanting or multi-tenant conversion, providing downside protection and exit flexibility.
Listing Contacts
Listed by KBC Advisors
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