Technical
Financial
Distress signals
Property profile

3699 Hamner Ave E E Ste Norco, CA 92860

OFF-MARKET
Grocery and convenience stores
Property ID
US09-5414533
Individually Owned Absentee Owner Free & Clear
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Property summary

AI-generated overview

This exceptional Norco, CA property, located at 3699 Hamner Ave (Hamner Ave & Sixth St), offers a unique blend of retail and special-purpose space. The 12,954 square foot, single-story Class B building sits on a 1.23-acre lot (APN 131-192-024) and features 10 suites, with a minimum divisible space of 1,037 square feet and a maximum contiguous space of 1,037 square feet. Currently, there is 22 square feet of vacant space available. The center boasts 60 parking spaces and is conveniently situated near the 15 Freeway on and off-ramps, benefiting from high visibility and accessibility. The property is zoned commercial and is part of the Corona/Eastvale submarket. A key feature is the inclusion of two cellular towers, each with secured interior access and approximately 22 feet of height from ground to floor, offering excellent coverage along the I-15. Built in 2009, one tower is currently available for lease following a Sprint/T-Mobile merger. The property is anchored by a Starbucks drive-thru, further enhancing its appeal and drawing significant traffic. The average household income within 3 miles is $103,014, indicating a strong consumer base. This presents a rare opportunity to acquire a versatile property with significant potential for growth and income generation.

Property profile

Verified
Property type Grocery and convenience stores
Use group GROCERY, SUPERMARKET
APN 000-264-365
UPID US09-5414533

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
  • Cafe & Coffee Shop
  • Restaurant
  • Insurance Agency
  • Hair Salon Nail Salon
  • (Bike/Boat/Book/etc) Store

Location

3699 Hamner Ave E E Ste Norco, CA 92860-3624
Norco metro Census 40702 RIVERSIDE-SAN BERNARDINO-ONTARIO, CA METROPOLITAN STATISTICAL AREA
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Value estimations

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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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