Golden Mortgages & Associates
Listed by Golden Mortgages & Associates
$3,200,000
1252 6th St, Corona Retail Plaza
Details
APN 110-040-032
Property Type Retail
Sub Type Storefront, Shopping Center
Square Footage 9,147
Units 8
Cap Rate 3.50%
NOI $109,520
Occupancy 100%
Tenancy Multi
Lease Type NNN
Lease Options Month to month
Price per SqFt $350
Class C
Year Built 1989
Stories 1
Lot Size (SqFt) 26,572
Zoning RETAIL, SERVICES, COMMERCIAL
Parking Spaces 45 spaces
Parking per 1,000 SqFt 4.92
Ground Lease No
Retail | 3.50% CAP | 9,147 SqFt
Marketing description
We are pleased to exclusively present for sale the 1252 6th St retail strip center. It is fully leased with a total of seven tenants in the city of Corona, California.
This investment property offers the investor an opportunity to acquire a multi-tenant retail strip center with short-term leased tenants, providing the investor a chance to add new tenants and to increase rents through market rent adjustments in the near future.
Listing Contacts
Golden Mortgages & Associates
Listed by Golden Mortgages & Associates
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$109,520.00
$9,126.67/mo
Valuation Metrics
0
DSCR
3.42%
Cap Rate
3.42%
ROI
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