Cold Stone Creamery
New
For Sale
$465,000
11882 De Palma Road Suite 2-f-2, Corona, CA 92883
The Corona location has a production, refrigeration, and service setup for the existing concept.
Property Size922 SF
Price / SF$504.34
Days on Market2
Property Features for 11882 De Palma Road Suite 2-f-2
General Information
Standard status
Active
Size
922 SF
Property subtype
Business Opportunity
Additional Details
Equipment Included
Yes
Listing Agency:
INVESTORS TEAM REALTY, INC.
Listed By:
Arun Tolia · License #C21406
(909) 596-9886
Source:
Myfabuloushome
Added: Oct 4
Last Checked: Oct 4 at 2:24PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of INVESTORS TEAM REALTY, INC.
Investment Insights
Based on property information with market context.
At 11882 De Palma Road, Suite 2-f-2, this 922-square-foot Cold Stone Creamery location in Corona is configured for the brand’s operations. The space includes production, refrigeration, service-line, and customer-facing equipment to support continued operation of the concept.
The store is situated within The Shops at Sycamore Creek.
The store is situated within The Shops at Sycamore Creek.
Key Highlights
- 922‑square‑foot Cold Stone Creamery location in Corona
- Production, refrigeration, service‑line, and customer‑facing equipment included
- Located within The Shops at Sycamore Creek
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$15,434
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
3.32%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$308,680
$308.7K
Cap Rate 7%
$220,486
$220.5K
Cap Rate 9%
$171,489
$171.5K
Market Conditions
NOI Build-Up for 922 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$22.1K $24.00/SF
− Vacancy
−$1.5K −$1.68/SF
EGI
$20.6K $22.32/SF
− OpEx
−$5.1K −$5.58/SF
NOI
$15.4K $16.74/SF
Area
Corona, CA
Vacancy
7.00%
Lease Rate
$24.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$308,680
Cap Rate 7%
$220,486
Cap Rate 9%
$171,489
Alternative Uses
Best Use
Specialty Retail
$220.5K
$192.9K – $257.2K
NOI $15,434 @ 7.0% cap · market cap 3.32%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$286.8K
$250.9K – $334.6K
NOI $20,075 @ 7.0% cap · market cap 4.32%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
146
Businesses Nearby
54k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Groceries 65%
Dining 34%
Beauty & Spa 1%
VONS
Groceries
35,222 visits/mo
0.1 miles
Starbucks
Dining
9,604 visits/mo
0.1 miles
Pizza Hut
Dining
4,970 visits/mo
0.1 miles
SUBWAY
Dining
3,846 visits/mo
0.0 miles
Fantastic Sams
Beauty & Spa
435 visits/mo
0.1 miles
Demographics for 92883, CA
34,836
Population
12,821
Households
2.7
Avg Household Size
39
Median Age
36%
College-Educated
94%
High-School Grad
56.5 sq mi
ZIP Area
617
Density / Sq Mi
$126,829
Median Household Income
$56,291
Median Earnings
$2,855
Median Rent
$671,700
Median Home Value
Market
Vacancy Rate% for Retail in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Conventional restaurant - The Corona location has a production, refrigeration, and service setup for the existing concept.
Where is this conventional restaurant located?
The property is located at 11882 De Palma Road Suite 2-f-2 Corona, CA.
What is the asking price?
The asking price for this property is $465,000.
What are key features of this property?
This property features: 922‑square‑foot Cold Stone Creamery location in Corona; Production, refrigeration, service‑line, and customer‑facing equipment included; Located within The Shops at Sycamore Creek
