Property profile

860 N Main St Corona, CA 92878

FOR SALE
Retail space
Property ID
US09-3590521
2,533 SF 0.51 ac lot Built 2021
Entity Owned 1-yr Hold Absentee Owner Free & Clear
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For Sale
Contact for pricing 2,533 SF
860 N Main St, Corona, CA 92878
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Property summary

AI-generated overview

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

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 2021
Construction WOOD
Total area 2,533 SF
Lot 0.51 ac (22,215 SF)
APN 122-061-010
UPID US09-3590521

Cap rate & NOI

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

Location

860 N Main St Corona, CA 92878
Corona metro Census 40809 RIVERSIDE-SAN BERNARDINO-ONTARIO, CA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$505k
CAP Approach CAP
$540k
Comparable Approach Comparable
$829k
Blend (final) Blend
$625k

Owner & transaction history

since 2025
1 recorded transaction
2025
$6.0M

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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