275 Teller St, Corona, CA 92879

Irreplaceable Freeway Fronting Community Center – McKinley Crossroads offers one of the most strategic locations in the Inland Empire, with over 1,700 of frontage along Interstate 91 proximate to Interstate 15, featuring “daily-needs” anchor 24 Hour Fitness along with national and regional credit tenants Sherwin Williams, Dunn-Edwards, STGI (Corona VA Clinic), Gracie Barra, and Smart Parke, situated within an established, infill Western Inland Empire trade area

Below Replacement Cost Acquisition Opportunity – At the anticipated pricing, McKinley Crossroads is expected to trade at a deep discount to its land-inclusive replacement cost, estimated to exceed $300 PSF

Low Rents Create Long Term Embedded Value – Current in-place rents average only $1.25 PSF/mo. NNN, which is approximately 8% below the estimated market rate, enhancing the security of the in-place tenancy and long-term embedded value

Stabilized Center with Upside – At 94% occupancy and with long-term leases in place including Corona VA Clinic (2046 exp.), 24 Hour Fitness (2036 exp.), Carpet One (2035 exp.), Touch N Go Soccer (2034 exp.), and Smart Parke (2034 exp.), McKinley Crossroads boasts stable tenancy with 7.00 years of weighted-average lease term remaining (WALT) and an immediate upside opportunity through the lease-up of the 11,511 SF of vacancy

Strategic, High Identity/High Traffic Intersection – Ideally positioned along McKinley Street (±38,000 CPD), one of the major arterials in Corona, framed by Sampson Ave and Gibson Ave E (±9,000 CPD). McKinley Crossroads fronts Interstate 91 Fwy (±220,000 CPD), within close proximity to Interstate 15 (±225,195 CPD), making it easily accessible to the vast majority of Southern California and providing convenient regional accessibility to the immediate surrounding Inland Empire and adjacent Orange/LA counties

Expansive Site, Favorable Zoning – The large site encompasses ±13.54 acres, with ample parking, and General Commercial zoning allows for a multitude of uses to serve the surrounding residential and commercial density, further enhancing the long-term value preservation at the property