Property profile

275 Teller St Corona, CA 92879

FOR LEASE
Retail space
Property ID
US09-2105696
46,426 SF 3.26 ac lot Built 1989
Entity Owned 2-yr Hold Absentee Owner Free & Clear
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Property summary

AI-generated overview

McKinley Crossroads, located at 275 Teller St, Corona, CA 92879, presents a significant retail opportunity in Riverside County. This multi-tenant commercial property boasts a total building size of 35,732 square feet, with a substantial 6,908 square feet currently available for lease. The property's strategic location in Corona offers excellent visibility and accessibility, making it ideal for a variety of retail businesses. The available space is well-suited for businesses requiring a large footprint, providing ample room for operations and potential expansion. The building's existing infrastructure and layout offer a solid foundation for immediate occupancy, minimizing upfront investment and allowing for a quick start to operations. This is a chance to establish a presence in a thriving retail market within a well-maintained and established commercial center. The property is conveniently situated in Corona, California, providing easy access to major transportation routes and a large consumer base. Detailed specifications and lease terms are available upon request. Don't miss this exceptional opportunity to secure a prime retail space in a high-growth area. Contact us today to schedule a viewing and discuss your business needs.

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1989
Construction WOOD
Total area 46,426 SF
Lot 3.26 ac (142,005 SF)
Zoning code M1
APN 115-290-050
UPID US09-2105696

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
  • Gym & Fitness Center
  • Restaurant

Location

275 Teller St Corona, CA 92879
Corona metro Census 41410 RIVERSIDE-SAN BERNARDINO-ONTARIO, CA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$4.73M
Blend (final) Blend
$6.20M

Owner & transaction history

since 2023
7 recorded transactions
2023
Price N/A
2017
$24.7M
2014
$23.0M
2007
Price N/A
2005
Price N/A
2005
$43.5M
1999
Price N/A

Zoning & alternative use

M1 · Corona, CA
Zoning description

M-1 Light Manufacturing Zone . The M-1 (Light Manufacturing) Zone is intended for light manufacturing and industrial uses. The purpose of the M-1 zone is to provide for manufacturing uses that are generally passive becau…

General category INDUSTRIAL

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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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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