Property summary
This exceptional investment opportunity presents two thriving, complementary businesses in a prime Corona, CA location: The Habit Burger Grill and Roll-Em-Up Taquitos. Both are situated within the new, Class-A Parkridge Plaza retail center, built in 2022, on a combined 1.11-acre lot (APN: 122-061-012, 122-061-010). The total square footage is 5,183, offering a strong NOI of $313,306 and a compelling 4.60% cap rate at an asking price of $6,810,000. The Habit Burger Grill boasts a 20-year lease (17.6 years remaining plus options), with corporate guarantee, and includes a drive-thru. The adjacent Roll-Em-Up Taquitos features an 8-year lease (plus options) with personal guarantees from high-net-worth individuals. Both leases are Triple Net (NNN). This property benefits from a robust local population (116,264 within 3 miles, 266,698 within 5 miles) and high daily traffic counts (41,700 cars). Its strategic location near major freeways (91 and 15) and numerous shopping centers (North Main Plaza, Gateway Town Center, Corona Hills Plaza) provides excellent visibility and accessibility. Nearby national retailers include Target, Walgreens, Costco, and many more. The presence of several large apartment complexes ensures a consistent customer base. The Inland Empire's strong economy, driven by manufacturing, distribution, and logistics, further enhances the long-term investment potential of this property. The Habit Burger Grill's drive-thru also benefits from an easement on a portion of the adjacent Roll-Em-Up Taquitos parcel.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Estimated NOI ÷ last recorded sale. Refine with your own numbers in the full report.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2024Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
Registration is required before any owner information is shown.
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Ownership
- Location Insight
- Alternative use
- Local Zoning Insight
Cancel anytime.
- 30 reports a month
- Location Analytics
- Market Trends
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Ownership
- Location Insight
- Alternative use
- Local Zoning Insight
Cancel anytime.
- 300 reports a month
- Location Analytics
- Market Trends
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Ownership
- Location Insight
- Alternative use
- Local Zoning Insight
and get 1 Light Report
- Property Information
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Potential
- Location Insight
- Alternative use
- Local Zoning Insight