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LLantera Cevantes 313 E Grand Blvd

11,500 SF 100% Leased Retail Building Corona, CA 92879 £3,156,000 (£274/SF) 4.57% Net Initial Yield

Investment Highlights

  • 100% occupancy, 4 Units
  • Tenants pay all expenses except for Taxes, Leases are Modified Gross
  • Excellent Average Income within a 5 mile radius

Executive Summary

This shopping center offers a great opportunity for an investor to enhance its value. By renewing the month-to-month leases and negotiating upcoming rent escalations, one could potentially generate significant profits. Once the property is fully leased at market rates, it can provide stable cash flow or be sold for a lucrative return on investment

Attachments

313 E Grand Blvd Corona, CA Flyer

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Auto Repair
Building Size
11,500 SF
Building Class
C
Year Built
1973
Price
£3,156,000
Price Per SF
£274
Net Initial Yield
4.57%
NOI
£144,122
Percent Leased
100%
Tenancy
Multiple
Number of Floors
1
Building FAR
0.46
Land Acres
0.58 AC
Zoning
M1 - Commercial
Parking
40 Spaces (3.48 Spaces per 1,000 SF Leased)
Frontage
175 ft on E 3rd St

Amenities

  • Signalised Intersection
1 of 1
Walk Score ®
Very Walkable (74)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
Learn How It Works Detailed Scores

Nearby Major Retailers

YMCA
Wells Fargo Home Mortgage
Starbucks
The Coffee Bean & Tea Leaf
Bank of America
Citizens Business Bank
Fit Body Boot Camp
The Brass Tap
ALDI
Flame Broiler

PROPERTY TAXES

Parcel Number 117-281-031 Improvements Assessment £221,939
Land Assessment £361,963 Total Assessment £583,902

PROPERTY TAXES

Parcel Number
117-281-031
Land Assessment
£361,963
Improvements Assessment
£221,939
Total Assessment
£583,902
  • Cristian Gutierrez
    Cristian Gutierrez
  • Denvers Elite LLC
(720) 744-2328

  • Listing ID: 32705833

  • Date on Market: 06/08/2024

  • Last Updated:

  • Address: 313 E Grand Blvd, Corona, CA 92879

The Retail Property at 313 E Grand Blvd, Corona, CA 92879 is currently available For Sale. Contact Denvers Elite LLC for more information.

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LLantera Cevantes | 313 E Grand Blvd
(720) 744-2328 x

LLantera Cevantes | 313 E Grand Blvd

Cristian Gutierrez

(720) 744-2328

(720) 744-2328

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