For Sale
$13,633,000

840 Main StCorona, CA 92878

Triple-Net Leased QSR Portfolio, High NOI

Overview

Added:
Dec 11, 2024
Days on market:
102

Highlights

  • Three QSRs (Raising Cane's, The Habit Burger Grill, Roll-Em-Up Taquitos) in a 2022-built, Class-A retail center.
  • Strong tenant mix with corporate and personally guaranteed leases; all Triple Net (NNN).
  • 8,843 SF building on a 2.4-acre lot, located at 840, 860, and 870 N Main St, Corona, CA 92878 (APN: 122-061-009, 122-061-012, 122-061-010).
  • High NOI of $603,306, 4.43% cap rate at $13,633,000 asking price.
  • Excellent location in a dense retail corridor with high traffic counts (41,700 CPD), near major freeways (I-91 & I-15), and surrounded by national retailers and substantial residential population (116,264 within 3 miles, 266,698 within 5 miles).

Property Details for 840 Main St

Property type
Other retail properties, Restaurants
Square Feet
8,843 SF
Year Built
2022
Lot Size (sq. ft)
104,544 SF

Location Insight

City
Corona
County
Riverside
State
California
Latitude
33.895262929365
Longitude
-117.5634510566
840 Main St, Corona, California
Leaflet | © OpenStreetMap contributors

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840 Main St
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