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110N Lincoln 110 N Lincoln Ave

16,076 SF 34% Leased Office Building Corona, CA 92882 £4,059,405 (£253/SF) 5.45% Net Initial Yield

Investment Highlights

  • Call to tour.

Executive Summary

Offering is a 3-story office / medical building in beautiful and conveniently located Corona CA. Call to take a tour.

Financial Summary (Pro forma - 2024)

Annual Annual Per SF
Gross Rental Income £302,976 £18.85
Other Income - -
Vacancy Loss - -
Effective Gross Income £302,976 £18.85
Taxes £18,527 £1.15
Operating Expenses £63,120 £3.93
Total Expenses £81,647 £5.08
Net Operating Income £221,329 £13.77

Financial Summary (Pro forma - 2024)

Gross Rental Income
Annual £302,976
Annual Per SF £18.85
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual £302,976
Annual Per SF £18.85
Taxes
Annual £18,527
Annual Per SF £1.15
Operating Expenses
Annual £63,120
Annual Per SF £3.93
Total Expenses
Annual £81,647
Annual Per SF £5.08
Net Operating Income
Annual £221,329
Annual Per SF £13.77

Property Facts

Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Medical
Building Size
16,076 SF
Building Class
B
Year Built/Renovated
1987/2023
Price
£4,059,405
Price Per SF
£253
Net Initial Yield
5.45%
NOI
£221,117
Percent Leased
34%
Tenancy
Multiple
Number of Floors
3
Typical Floor Size
5,359 SF
Building FAR
0.44
Land Acres
0.83 AC
Zoning
M1, Corona
Parking
63 Spaces (3.92 Spaces per 1,000 SF Leased)

Amenities

  • Balcony

Space Availability

  • Space
  • Size
  • Space Use
  • Condition
  • Available
  • 1st Fl-Ste 100
  • 5,312 SF
  • Office
  • Full Build-Out
  • Now

Private Restrooms, Private Entrance, Dedicated Kitchen\Break Room, Executive Conference room.

Space Size Space Use Condition Available
1st Fl-Ste 100 5,312 SF Office Full Build-Out Now

1st Fl-Ste 100

Size
5,312 SF
Space Use
Office
Condition
Full Build-Out
Available
Now

1st Fl-Ste 100

Size 5,312 SF
Space Use Office
Condition Full Build-Out
Available Now

Private Restrooms, Private Entrance, Dedicated Kitchen\Break Room, Executive Conference room.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
118-160-039
Land Assessment
£616,174 (2023)
Improvements Assessment
£1,019,495 (2023)
Total Assessment
£1,635,670 (2023)
Annual Taxes
£18,527 (£1.15/sf)
Tax Year
2024
  • Listing ID: 33985564

  • Date on Market: 23/11/2024

  • Last Updated:

  • Address: 110 N Lincoln Ave, Corona, CA 92882

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