Retail Strip Center with
1252 W 6th Corona, CA 92882
For Sale
$3,000,000
Fully occupied retail strip center on a high-traffic corridor with easy access and ample on-site parking for multiple tenants.
Property Size9,224 SF
Lot Size0.61 Acres
Price / SF$325.24
Days on Market49
Property Features for 1252 W 6th
General Information
Standard status
Active
Size
9,224 SF
Lot size
0.61 Acres
Property subtype
Commercial
Building Details
Year Built
1989
Listing Agency:
Real Brokerage Technologies
(951) 226-5454
Listed By:
Ai Ngo ([email protected])
Source:
Mrmurrieta
Added: Jun 11
Changed: Jul 10
Last Checked: Jul 29 at 7:13AM
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 Real Brokerage Technologies
Investment Insights
Based on property information with market context.
This freestanding 1,224 SF retail strip center is situated on a 0.61-acre lot and is currently 100% occupied by seven long-standing local tenants. Tenant types include retail, restaurant, and service users, each operating under month-to-month or short-term lease terms.
The property is located along high-traffic W 6th Street near the 91 Freeway, with visibility to passing traffic. It provides easy ingress and egress and offers approximately 45 on-site parking spaces to support day-to-day customer access.
From a buyer’s perspective, the center offers a single-site retail configuration with a diversified tenant mix across storefront retail, dining, and service uses. The month-to-month or short-term lease structure can provide flexibility for an ownership plan focused on stabilizing tenancy and aligning leases over time. For tenants considering space in a compact, established retail environment, the site’s parking and straightforward access are practical attributes for customers visiting for retail purchases, meals, and services.
The property is located along high-traffic W 6th Street near the 91 Freeway, with visibility to passing traffic. It provides easy ingress and egress and offers approximately 45 on-site parking spaces to support day-to-day customer access.
From a buyer’s perspective, the center offers a single-site retail configuration with a diversified tenant mix across storefront retail, dining, and service uses. The month-to-month or short-term lease structure can provide flexibility for an ownership plan focused on stabilizing tenancy and aligning leases over time. For tenants considering space in a compact, established retail environment, the site’s parking and straightforward access are practical attributes for customers visiting for retail purchases, meals, and services.
Key Highlights
- Freestanding ±2,224 SF retail strip center on a 0.61‑acre lot
- Located along high‑traffic W 6th Street near the 91 Freeway
- 100% occupied by seven long‑standing local tenants (retail, restaurant, and service)
Financial Insights For Specialty Retail
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $221.4k | $24.00 |
| − Vacancy | −$15.5k | −$1.68 |
| EGI | $205.9k | $22.32 |
| − OpEx | −$51.5k | −$5.58 |
| NOI | $154.4k | $16.74 |
9,224 SF · lease $24.00/SF/yr · vacancy 7.00% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$2.21M
$1.93M – $2.57M
NOI $154,410 @ 7.0% cap · market cap 5.15%
Second Best
Retail
$1.82M
$1.60M – $2.13M
NOI $127,612 @ 7.0% cap · market cap 4.25%
Theoretical Best
Office A
$2.87M
$2.51M – $3.35M
NOI $200,832 @ 7.0% cap · market cap 6.69%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Strip mall - Fully occupied retail strip center on a high-traffic corridor with easy access and ample on-site parking for multiple tenants.
Where is this strip mall located?
The property is located at 1252 W 6th Corona, CA.
What is the asking price?
The asking price for this property is $3,000,000.
What are key features of this property?
This property features: Freestanding ±2,224 SF retail strip center on a 0.61‑acre lot; Located along high‑traffic W 6th Street near the 91 Freeway; 100% occupied by seven long‑standing local tenants (retail, restaurant, and service)
