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Industrial Property with Lease Rollover
For Sale
Contact for pricing
Pending

230 N Sherman Ave, Corona, CA 92882

Existing tenant leases are scheduled to expire in June 2022.

Property SizeContact for details
Days on Market142

Property Features for 230 N Sherman Ave

General Information

Standard status Pending
Property subtype Industrial, Retail
Listing Agency: Kingsbarn
Listed By: Matt Ayer · License #CA 01308931
Source: Crexi
Added: Apr 11 Changed: Aug 29 Last Checked: Aug 29 at 6:28PM

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 Kingsbarn

Investment Insights

Based on property information with market context.

This industrial property is located at 230 N Sherman Ave in Corona, California. The asset has existing tenant leases scheduled to expire in June 2022, creating a defined lease-rollover point for future ownership planning.

The property is situated within the Corona Industrial Submarket, where the reported industrial vacancy rate is approximately 2.9%. The available information identifies re-tenanting and minor cosmetic improvements as potential components of a future property strategy.

Key Highlights

  • Industrial property at 230 N Sherman Ave, Corona, CA 92882
  • Existing tenant leases expire in June 2022
  • Corona Industrial Submarket vacancy rate of approximately 2.9%

Property Analytics

Current Use

S&S Performance and Marine (Bike/Boat/Book/etc) Store iUHaul Car Rental Facility Cooltube Industrial Manufacturer Desired Furniture Corporation Warehouse & Storage F & D Vending Industrial Manufacturer

Suggested Use

Top Pick Real Estate Agency Parking Lot & Garage Garden Center Grocery & Convenience Store Daycare Center Gym & Fitness Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,385
Businesses Nearby

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

Market

Vacancy Rate% for Industrial in West region

3.7% 2019
4.3% 2020
2.6% 2021
2.5% 2022
4.8% 2023
6.9% 2024
7.9% 2025
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Frequently Asked Questions

What type of property is this?
Industrial property - Existing tenant leases are scheduled to expire in June 2022.
Where is this industrial property located?
The property is located at 230 N Sherman Ave Corona, CA.
What are key features of this property?
This property features: Industrial property at 230 N Sherman Ave, Corona, CA 92882; Existing tenant leases expire in June 2022; Corona Industrial Submarket vacancy rate of approximately 2.9%
More about this property
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