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31605445
31605444

370 W Grand Blvd, Corona, CA 92882

SM
CA 01363650, CA
Century 21 Allstars
CL
CA DRE 01992747
Century 21 Allstars
Listed by Century 21 Allstars
$2,199,999
61 days on market
Updated 4 days ago

Professional 15 Unit Office Building

Details
APN 177-340-017
Property Type Office
Sub Type Traditional Office
Square Footage 6,250
Units 15
Occupancy 100%
Price per SqFt $352
Year Built 1988
Buildings 1
Stories 2

Exceptional Opportunity to acquire a 15 Unit well-located Office Building in the heart of Corona.

Marketing description

Exceptional opportunity to acquire a well-located office building in the heart of Corona. The building features a functional office layout suitable for a variety of professional uses including medical, legal, accounting, insurance, real estate, or general administrative offices. Interior configurations offer private offices, open work areas, and support spaces, providing flexibility for both owner-users and investors. 5.44% Cap Rate This asset presents a strong opportunity for: *Owner-user occupancy *Value-add renovation *Long-term investment with stable demand for office space in the area *100% occupied Ideal for buyers seeking a strategically located office building in a growing and business-friendly market. • Situated along the highly visible Grand Boulevard corridor, this property benefits from strong street exposure, convenient access to major thoroughfares, and proximity to downtown Corona amenities, City Hall, courthouses, restaurants, and retail services. The property is positioned on a generous parcel with on-site parking and easy ingress/egress, enhancing tenant and client convenience. Its central location provides quick access to the 91 Freeway and other major transportation routes, making it ideal for businesses serving the greater Inland Empire.

Investment highlights

• LEASED UNITS: 1st Floor Units

101 - CTL Chiropractic size 222 SQ FT 102 - Marathon Cleaning 214 SQ FT 103 - Focalone Soft Inc 224 SQ FT 104 - N.K Braiding 286 SQ FT 106 - Dunn Accounting 420 SQ FT 107 - Galvez Dental Ceramics 320 SQ FT 110 - Bio Pharm Dev 1192 SQ FT

2nd Floor Units 202 - Best Buy Realty 290 SQ FT 203 - Silver Oaks 275 SQ FT 204 - Shield Protection 360 SQ FT 205 - Multi Servicios Hispanos 308 SQ FT 206 - Dolled Up By Nyah 201 SQ FT 207 - Blissfull Organix 560 SQ FT 208 - Your Tax Geeks 695 SQ FT 209 - General Employee Association 438 SQ FT

• Monthly Expenses: Electric $900 HVAC $70 Water $280 Trash $236 Landscaping $315 Janitorial Cleaning $300 Property Insurance $275 Property Taxes $833 TOTAL MONTHLY EXPENSES $3,209

Listing Contacts

SM
CA 01363650, CA
Century 21 Allstars
CL
CA DRE 01992747
Century 21 Allstars
Listed by Century 21 Allstars

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Additional Information

Name
Silvestre Madrigal Jr.
License
01363650
Name
Cristina L Lopez
License
DRE 01992747
Brokerage
Century 21 Allstars
Brokerage Phone
(310)993-4726
Brokerage Address
9155 Telegraph Road
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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