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    1367 Sherborn St Corona, CA 92879

    Sponsored
    For Lease
    $12 SF/Yr

    Modern A-Class Warehouse/Office Space

    Lot size:
    205,074 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional Class A property, located at 1367 Sherborn St, Corona, CA 92879, presents a significant opportunity. The Corona Lakeside Logistics Center, Building 2, offers a substantial 205,074 square feet of single-tenant, vacant space, ideal for a variety of industrial and executive office uses. Situated on a 10.2-acre lot in Riverside County, this building boasts impressive features including 36-foot ceiling heights, providing ample vertical space for storage or operations. Access is facilitated by 35 dock-high doors and 3 drive-in doors, ensuring efficient loading and unloading. Ample parking is available with 325 car parking spaces and 26 trailer parking spaces. The property is equipped with robust power capabilities, featuring a 4000A/480V electrical service. Its prime location in Corona, California offers excellent access to major transportation arteries, making it an attractive location for businesses seeking efficient logistics and distribution capabilities. This is a rare opportunity to secure a large, modern, and well-equipped industrial/office space in a thriving Southern California market. The property's size, features, and location combine to create a highly desirable asset for discerning businesses.

    Property Features for 1367 Sherborn St

    General Information

    Property type
    Distribution properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    205,074 SF
    Class
    A
    Total Rate
    215327.7

    Unit(s) available at that property

    Space
    Building 2
    Size
    205,074 SF
    Rate per SF
    $12

    HighLights

    • 205,074 SF building size.
    • 7,448 SF of office space.
    • 10.2‑acre site.
    • 35 dock‑high doors and 3 drive‑in doors.
    • 36‑foot clear height.
    • 60' x 56' column spacing.
    Property Profile Location Intelligence

    Current Use by Public Records

    Distribution centers

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Building Supply Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Corona
    County
    Riverside
    State
    California
    Longitude
    -117.5304585
    Latitude
    33.863383

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    FAQs

    What type of property is this?
    Distribution property - Modern A-Class Warehouse/Office Space
    Where is this distribution property located?
    The property is located at 1367 Sherborn St Corona, CA.
    What is the lease rate?
    The lease rate is $12 SF/Yr.
    What are key features of this property?
    This property features: 205,074 SF building size.; 7,448 SF of office space.; 10.2-acre site.
    Request Owner's contact information
    1367 Sherborn St Corona, CA 92879
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    Corona, CA 92879
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1367 Sherborn St Corona, CA 92879
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