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    1957 Foothill Pkwy Rd Corona, CA 92881

    Sponsored
    For Lease
    Contact for pricing

    Prime Corona retail space, new construction.

    Lot size:
    4,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 4,000-square-foot retail space is ideally situated at the intersection of I-15 Fwy and Foothill Parkway in Corona, California. Built in 2020, the property offers a single-tenant occupancy and is currently vacant, presenting a unique opportunity for immediate possession. The building boasts ample parking, with a ratio of 10 spaces per 1,000 square feet, ensuring convenient access for customers and employees. Located in Riverside County, the property benefits from its strategic location near significant residential and recreational developments. Construction has commenced on an adjacent parcel featuring 148 new residential homes, promising increased foot traffic and a growing customer base. Furthermore, the property's proximity to the 25-acre El Cerrito Sports Park, less than a tenth of a mile away, provides additional visibility and access to a large potential customer demographic. This property is perfect for a variety of retail uses, offering a modern, well-located space ready for immediate occupancy. The zip code is 92881. The property's address is 1957 Foothill Parkway Rd, Corona, CA.

    Property Features for 1957 Foothill Pkwy Rd

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    4,000 SF

    Building Details

    Year Built
    2020

    Unit(s) available at that property

    Space
    1st Floor
    Size
    4,000 SF

    HighLights

    • High visibility from I‑15 Freeway.
    • Brand new construction (2020).
    • Prime location in rapidly expanding Southern Corona trade area.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Corona
    County
    Riverside
    State
    California
    Longitude
    -117.5318236
    Latitude
    33.8328725

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    FAQs

    What type of property is this?
    Restaurant - Prime Corona retail space, new construction.
    Where is this restaurant located?
    The property is located at 1957 Foothill Pkwy Rd Corona, CA.
    What are key features of this property?
    This property features: High visibility from I-15 Freeway.; Brand new construction (2020).; Prime location in rapidly expanding Southern Corona trade area.
    Request Owner's contact information
    1957 Foothill Pkwy Rd Corona, CA 92881
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    Corona, CA 92881
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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
    1957 Foothill Pkwy Rd Corona, CA 92881
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