Retail Storefront
For Sale
Contact for pricing
1252 W 6th St, Corona, CA 92882
Retail storefront property for sale in Corona, CA, with access via local routes off 6th St.
Property Size9,147 SF
Price / SF$349.84
Days on Market70
Property Features for 1252 W 6th St
General Information
Standard status
Active
Size
9,147 SF
Class
C
Total Parking Spaces
45
Property subtype
Retail
Zoning
RETAIL, SERVICES, COMMERCIAL
Occupancy
100%
Lease Type
NNN
Net Operating Income
$109,520
Building Details
Year Built
1989
Stories
1
Units
8
Tenancy
Multi
Listing Agency:
Golden Mortgages & Associates
Listed By:
Kelvin Ho · License #CA 01513761
(714) 583-7937
Source:
Crexi
Added: Jul 10
Changed: Sep 9
Last Checked: Sep 16 at 1:25PM
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 Golden Mortgages & Associates
Investment Insights
Based on property information with market context.
This retail storefront property is offered for sale and is positioned for businesses seeking a street-facing retail presence. The listing is categorized as shopping center and retail property space, indicating a commercial storefront configuration.
Directions indicate access from the 91E exit at 6th St after taking 57N. The property is located in Riverside County near 6th St in Corona, CA.
Additional details on unit layout, size, and on-site improvements are not provided in the available information.
Directions indicate access from the 91E exit at 6th St after taking 57N. The property is located in Riverside County near 6th St in Corona, CA.
Additional details on unit layout, size, and on-site improvements are not provided in the available information.
Key Highlights
- Retail storefront property for sale in Corona, CA
- Access via local routes off 6th St
- Year built: 1989
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
$126,547
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
3.95%
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%
$2,530,940
$2.5M
Cap Rate 7%
$1,807,814
$1.8M
Cap Rate 9%
$1,406,078
$1.4M
Market Conditions
NOI Build-Up for 9,147 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
$197.6K $21.60/SF
− Vacancy
−$16.8K −$1.84/SF
EGI
$180.8K $19.76/SF
− OpEx
−$54.2K −$5.93/SF
NOI
$126.5K $13.83/SF
Area
Corona, CA
Vacancy
8.50%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
30.00%
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%
$2,530,940
Cap Rate 7%
$1,807,814
Cap Rate 9%
$1,406,078
Alternative Uses
Best Use
Retail
$1.81M
$1.58M – $2.11M
NOI $126,547 @ 7.0% cap · market cap 3.95%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.85M
$2.49M – $3.32M
NOI $199,156 @ 7.0% cap · market cap 6.22%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,707
Businesses Nearby
310k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 39%
Groceries 36%
Shops & Services 17%
Apparel 5%
Cardenas Market
Groceries
43,959 visits/mo
0.5 miles
McDonald's
Dining
41,262 visits/mo
0.3 miles
Superior Grocers
Groceries
35,826 visits/mo
0.2 miles
Walmart Neighborhood Market
Groceries
31,589 visits/mo
0.5 miles
Miguel's Jr
Dining
16,256 visits/mo
0.4 miles
Demographics for 92882, CA
67,894
Population
20,757
Households
3.3
Avg Household Size
36
Median Age
29%
College-Educated
85%
High-School Grad
11.8 sq mi
ZIP Area
5,754
Density / Sq Mi
$100,668
Median Household Income
$46,092
Median Earnings
$2,093
Median Rent
$653,600
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in West region
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Frequently Asked Questions
What type of property is this?
Shopping center - Retail storefront property for sale in Corona, CA, with access via local routes off 6th St.
Where is this shopping center located?
The property is located at 1252 W 6th St Corona, CA.
What is the asking price?
The asking price for this property is $3,200,000.
What are key features of this property?
This property features: Retail storefront property for sale in Corona, CA; Access via local routes off 6th St; Year built: 1989
