1252 W 6th St - Retail FOR SALE


Corona, CA 92882
$3,600,000 USD
714-909-8000
1252 W 6th St, Corona, CA for Sale
$3,600,000 USD
Retail - FOR SALE
1/13
null | 3.9% Cap Rate

NEW


1252 W 6th St
Corona, CA 92882


HIGHLIGHTS

  • High-Traffic Location ±30,000 VPD
  • 100% Leased Multi-Tenant Retail
  • Two Units on MTM – Owner-User or Reposition
  • Strong Street Visibility & Signalized Corner
  • Walking Distance to CVS, Retail, and Dense Residential
  • Ideal for 1031 Exchange or Value-Add Investors

OVERVIEW

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

FOR SALE DETAILS

PRICE

$3,600,000 USD

PRICE/SF

$390 USD /SF

CAP RATE

3.9%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Corona Retail Building - 100% LEASE

PROPERTY TYPE

Retail

ADD'L SUBTYPES

Restaurant, Storefront Retail/Office, Medical

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1989

SPRINKLERS

-

PARKING SPACES

45

LAND DETAILS

LAND ACRES

0.61 AC

LAND SF

26,572 SF

ZONING

C1

APN/PARCEL ID

110-040-032

ASK ABOUT THIS PROPERTY

Ai NgoReal Brokerage TechnologiesMore Info
714-909-8000

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Ai NgoReal Brokerage TechnologiesMore Info
714-909-8000

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.