Prime ±9,950 SF multi-tenant retail center located at a signalized corner in central Corona. The property is 100% leased across 7 units with a mix of service, retail, and restaurant tenants. Over 1,920 SF is occupied by MTM tenants, offering flexibility for owner-user occupancy or repositioning to market rental rates.
Backed by current retail comps in the area, the pro forma NOI supports a 7.00% cap rate at market rents of $2.50/SF/month NNN. Ideal for investors seeking stable income with upside or for an owner-user looking to secure a prime location with built-in cash flow.
- 100% Leased Multi-Tenant Retail
- MTM Tenant – Owner-User or Reposition
- Pro Forma Cap Rate: 7.00%
- Strong Street Visibility & Signalized Corner
- High-Traffic Location ±30,000 VPD
- Walking Distance to National Retail Anchors