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Property profile

1889-2291 Malvern Ave Corona, CA 92835

OFF-MARKET
Retail properties & Spaces
20,043 SF
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Property summary

AI-generated overview

This exceptional retail space is located within the thriving Amerige Heights Town Center in affluent Orange County, Fullerton. The center boasts a vibrant mix of national and local tenants, including Target, Albertsons, Ross, Gold's Gym, Barnes & Noble, Islands, and Starbucks, ensuring high foot traffic and brand synergy. Two spaces are currently available, ranging from 2,000 to 2,482 contiguous square feet, with a total of 4,482 square feet currently vacant within the 20,043 square foot building. The minimum divisible space is 2,000 square feet. This premier shopping center serves as the retail core for the 293-acre Amerige Heights Master Planned Community, home to approximately 1,365 residences, providing a substantial and consistent customer base. The property benefits from excellent visibility and accessibility, with two signalized intersections along Malvern Avenue (35,000 cars per day) and one signalized intersection on Gilbert Street (22,000 cars per day), ensuring maximum exposure to potential customers. The property is situated in Orange County and has a cross street of Gilbert Street. This presents a unique opportunity for retailers seeking a high-traffic location within a thriving community. The property is categorized as an anchor commercial retail space with multiple tenancies.

Property profile

Verified
Property type Retail properties & Spaces
Total area 20,043 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Shopping Center & Mall

Location

1889-2291 Malvern Ave Corona, CA 92835
Corona metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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