For Sale
$6,810,000

860 Main StCorona, CA 92878

High-yield QSR & Taquitos, NNN lease

Overview

Added:
Dec 11, 2024
Days on market:
103

Highlights

  • Investment opportunity offering two NNN-leased properties, The Habit Burger Grill and Roll-Em-Up Taquitos, available individually or together.
  • Habit Burger features a 17.6-year remaining lease (20-year term, plus two 5-year options) with corporate guarantee. Roll-Em-Up Taquitos has an 8-year remaining lease (plus two 5-year options) with personal guarantees from high-net-worth individuals.
  • Both properties are part of the newly constructed (2022) Class-A Parkridge Plaza retail center. Habit Burger includes a drive-thru; Roll-Em-Up Taquitos' adjacent parcel drive-thru is exclusively for Habit Burger use via easement.
  • Strong demographics: 116,264 residents within 3 miles, 266,698 within 5 miles. High daily traffic counts (41,700 vehicles) at the intersection of N. Main St. and W. Parkridge Ave.
  • Excellent location in Corona, Inland Empire, near the 91 (246,500 CPD) and 15 freeways (158,000 CPD), and adjacent to Orange County. Surrounded by major retail centers and national retailers including Target, Walmart, and Costco.
  • High density of nearby luxury apartments (Artisan at Main Street Metro, One11, Metro at Main) providing a substantial customer base.

Property Details for 860 Main St

Property type
Other retail properties, Restaurants
Square Feet
5,183 SF
Year Built
2022
Lot Size (sq. ft)
48,352 SF

Location Insight

City
Corona
County
Riverside
State
California
Latitude
33.8951017
Longitude
-117.5637115
860 Main St, Corona, California
Leaflet | © OpenStreetMap contributors

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860 Main St
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