Net Leased Roll-Up Taquitos
860 N Main St Corona, CA 92878
860 N Main St, Corona, CA, 92878
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For Sale
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Newly constructed NNN retail building with a personally guaranteed long-term lease featuring rent increases starting year 6.
Days on Market103
Property Features for 860 N Main St
General Information
- Standard status
- Active
- Property subtype
- Retail
Listing agency
SRS Real Estate Partners Newport Beach
(480) 221-4221
Listed by
Patrick R. Luther, CCIM · License #CA License No. 01912215
Source
Crexi
Added: Apr 11 Updated: Jul 22 at 6:23AM Checked: Jul 22 at 6:23AM
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 SRS Real Estate Partners Newport Beach
Investment Insights
Based on property information with market context.
SRS National Net Lease Group is pleased to offer the fee simple purchase of a newly constructed, net leased Roll Em Up Taquitos investment property. The tenant is personally guaranteed, and the lease is structured as NNN with landlord building maintenance responsibilities limited to structure and slab. The lease has an initial 10-year term with two additional 5-year options to extend, and includes a 10% rental increase during year 6 of the initial term and at the beginning of each option period.
The property is located within Parkridge Plaza in Corona, California, near a signalized, hard-corner intersection of W. Parkridge Avenue and N. Main Street. The site benefits from significant street frontage and multiple large monument signs. It is also positioned near the on/off ramps to Interstate 15 and State Highway 91, with reported traffic volumes of 157,000 VPD and 233,000 VPD, respectively. Nearby retail includes Gateway Town Center, North Main Plaza, and Corona Hills Plaza, with national/credit tenants such as Target, Costco, Walmart Supercenter, Smart & Final, Stater Bros, Vons, T.J. Maxx, Ross Dress for Less, and The Home Depot listed in the trade area. Residential demand is supported by nearby apartment communities including Artisan at Main Street Metro, One11, and Metro at Main.
The property is located within Parkridge Plaza in Corona, California, near a signalized, hard-corner intersection of W. Parkridge Avenue and N. Main Street. The site benefits from significant street frontage and multiple large monument signs. It is also positioned near the on/off ramps to Interstate 15 and State Highway 91, with reported traffic volumes of 157,000 VPD and 233,000 VPD, respectively. Nearby retail includes Gateway Town Center, North Main Plaza, and Corona Hills Plaza, with national/credit tenants such as Target, Costco, Walmart Supercenter, Smart & Final, Stater Bros, Vons, T.J. Maxx, Ross Dress for Less, and The Home Depot listed in the trade area. Residential demand is supported by nearby apartment communities including Artisan at Main Street Metro, One11, and Metro at Main.
Key Highlights
- Newly constructed NNN retail building in Parkridge Plaza, Corona, California, offered as fee simple ownership (land & building).
- Tenant recently signed a brand‑new 10‑year lease with 2 additional 5‑year extension options.
- Lease is personally guaranteed and NNN, with landlord building maintenance responsibilities limited to structure and slab.
Property Analytics
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Storefront property - Newly constructed NNN retail building with a personally guaranteed long-term lease featuring rent increases starting year 6.
Where is this storefront property located?
The property is located at 860 N Main St Corona, CA.
What are key features of this property?
This property features: Newly constructed NNN retail building in Parkridge Plaza, Corona, California, offered as fee simple ownership (land & building).; Tenant recently signed a brand‑new 10‑year lease with 2 additional 5‑year extension options.; Lease is personally guaranteed and NNN, with landlord building maintenance responsibilities limited to structure and slab.
