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Medical Office Sale-Leaseback
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341 Magnolia Ave, Corona, CA 92879

Two fully improved medical office suites are offered, with one planned for seller leaseback on a 5-year term.

Property Size8,900 SF
Days on Market125

Property Features for 341 Magnolia Ave

General Information

Standard status Active
Size 8,900 SF
Property subtype Office
Listing Agency: SVN | Insight Commercial Real Estate Advisors
Listed By: Brett Larson · License #01947115
Source: Crexi
Added: Apr 10 Changed: Aug 8 Last Checked: Jul 22 at 8:09AM

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 SVN | Insight Commercial Real Estate Advisors

Investment Insights

Based on property information with market context.

The offering includes Suites 201 and 203 within Village Medical Arts Plaza, totaling approximately 8,900 square feet of fully improved medical office space. The property is structured as a sale-leaseback opportunity, with Suite 201 leased back to the seller on a 5-year term, while Suite 203 will remain available for an owner-user or future tenant.

Located at 341 Magnolia Ave in Corona, the project is described as a premiere medical office setting in a growing trade area.

As presented, Suite 201 is approximately 6,489 square feet and Suite 203 is approximately 2,483 square feet.

Key Highlights

  • Village Medical Arts Plaza offers two fully improved medical office suites totaling approx. 8,900 SF
  • Seller will lease back Suite 201 at 6,489 SF for a 5‑year term after close of escrow
  • Suite 203 at 12,483 SF will remain available for an owner‑user or future tenant

Property Analytics

Current Use

Loma Linda University ... Hospital Dr. Farbod Asgarzadie, ... Physician Kimberlee E. Carty, ... Medical Clinic Carrie Y. Williams, ... Physician Physical Therapy Corona ... Physician

Suggested Use

Top Pick Real Estate Agency Restaurant Building Supply Law Firm Auto Repair Shop Big Box & Wholesale Store

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

1,161
Businesses Nearby
Under-served
Demand for This Use

Demographics for 92879, CA

47,243
Population
14,919
Households
3.2
Avg Household Size
35
Median Age
23%
College-Educated
80%
High-School Grad
9.8 sq mi
ZIP Area
4,821
Density / Sq Mi
$91,862
Median Household Income
$42,496
Median Earnings
$1,968
Median Rent
$592,000
Median Home Value

Market

Vacancy Rate% for Office in West region

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025
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Frequently Asked Questions

What type of property is this?
Medical Office Space - Two fully improved medical office suites are offered, with one planned for seller leaseback on a 5-year term.
Where is this medical office space located?
The property is located at 341 Magnolia Ave Corona, CA.
What are key features of this property?
This property features: Village Medical Arts Plaza offers two fully improved medical office suites totaling approx. 8,900 SF; Seller will lease back Suite 201 at 6,489 SF for a 5‑year term after close of escrow; Suite 203 at 12,483 SF will remain available for an owner‑user or future tenant
(951) 200-7683 Call to check price and availability
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