• Broker Arthur Flores 7145040262
  • Broker Jay Gomez (831) 325-9847
  • Broker James Kaye 4084537419
  • Broker Kyle Kaye 6502815553

11764 De Palma Rd

5,123 SF Retail Building Corona, CA 92883 £2,468,192 (£481.79/SF)

View Photo

INVESTMENT HIGHLIGHTS

  • Premier freestanding retail pad within Shops at Sycamore Plaza, a destination Vons & CVS anchored center, which caters to residents of the trade area
  • Property may be occupied by a single-tenant user or potentially repositioned to accommodate multiple tenants
  • Highly visible from the 15 freeway (126,000 CPD) and has signage rights to the Shops at Sycamore Plaza freeway monument sign
  • Existing drive-thru can accommodate several cars as the stacking line wraps around the entire building
  • Oversized Lot - consisting of approx. one (1) acre of land, the site lends itself to many redevelopment opportunities including retail, medical, etc.

EXECUTIVE SUMMARY

11764 De Palma Road is a freestanding owner/user retail opportunity with an existing drive-thru that wraps around the entire building. Delivered vacant at COE, this premier pad is within Shops at Sycamore Plaza, which is a destination Vons and CVS anchored shopping center that caters to the resident in the South Corona trade area. The pad can be occupied by a single-tenant user or potentially repositioned for multiple tenants. The oversized land parcel (1 acre), lends the opportunity to redevelop the site for a variety of commercial uses like retail and medical. The site is highly visible from the 15 Freeway with CPD exceeding 126,000. The property also benefits from signage right to the freeway monument sign of Shops at Sycamore Plaza.

PROPERTY FACTS

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Freestanding
Building Size
5,123 SF
Building Class
B
Year Built
2008
Price
£2,468,192
Price Per SF
£481.79
Tenancy
Single
Number of Floors
1
Building FAR
0.12
Lot Size
0.99 AC
Zoning
SP Zone - Specific Plan
Parking
30 Spaces (5.85 Spaces per 1,000 SF Leased)
Frontage
283 ft on De Palma Rd

AMENITIES

  • Banking
  • Signage
  • Drive Thru
  • Monument Signage

LINKS

NEARBY MAJOR RETAILERS

Vons Pharmacy
Starbucks

PROPERTY TAXES

Parcel Number 290-670-026 Improvements Assessment £2,825,211
Land Assessment £456,461 Total Assessment £3,281,672

Map of 11764 De Palma Rd Corona, CA 92883

ADDITIONAL PHOTOS

View Photo Aerial
View Photo Aerial
View Photo Building Photo

The LoopNet service and information provided therein, while believed to be accurate, are provided "as is". LoopNet disclaims any and all representations, warranties, or guarantees of any kind.