109 Mckinley St Corona, CA 92879-1202
This exceptional 55,000-square-foot retail property, located at 109 N McKinley Street in Corona, California (zip code 92879), presents a unique investment opportunity. The single-tenant building, constructed in 1990, boasts ample parking with 255 spaces. Its convenient location offers excellent accessibility, situated directly off McKinley Street and the 91 Freeway, with the added benefit of proximity to the 15 Freeway (just 2 miles east). The property features a supermarket/storefront configuration, ideal for a variety of retail uses. Currently undergoing renovations, the office and mezzanine areas are being updated to enhance functionality and appeal. A significant advantage is the ongoing city construction project, the McKinley Street Grade Separation, scheduled for completion in 2024. This project is expected to dramatically improve visibility and accessibility to the property, increasing its overall value and attracting a wider range of potential tenants. The property's APN is 172050006. This is a rare opportunity to acquire a substantial retail space in a rapidly growing area with significant future development potential. The building does not include elevators. The property is available for sale or lease.
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Coinstar Bank Credit Union
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ATM Atm
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
R106 · Corona, CACorona. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.