We are pleased to offer for sale a free-standing industrial property located at 1253 E Enterprise Ct, Corona, CA. This property presents a rare opportunity for investors seeking a stable, income-producing asset with enhanced tax benefits, or for an owner-user looking to establish operations in a thriving business corridor. The current owner of the property also operates the licensed cannabis dispensary and is open to either a sale-leaseback or selling both the business and the property together. As one of only 12 operators approved by the city to operate both medical and adult-use dispensaries, the tenant occupies a highly coveted position in the market. Since its inception approximately two years ago, the business has demonstrated steady growth, providing a reliable and stable income stream for the future landlord.
Investors can further benefit from the 100% bonus depreciation provisions under the Tax Cuts and Jobs Act (“one big beautiful bill”), which allow the full deduction of qualified property improvements in the first year—significantly boosting after-tax returns and cash flow.
Combining a prime location, operational stability, growth potential, and tax efficiency, this offering stands out as an exceptional opportunity for discerning investors and owner-users alike.
Property & Offering Highlights
* Free-Standing Industrial Building — ±9,925 SF, single-story
* Real Estate Purchase Price: $3,195,000
* Sale-Leaseback Structure — Current owner/operator (licensed dispensary) to sign a new long-term lease at close of escrow
* Base Lease Rate: $22,500/month + NNN
* Annual Escalations: 3%
* Lease Terms: 5 years with two 5-year options
* Year 1 Cap Rate: 6%
* Tenant Track Record — Operational for over 2 years with steady revenue growth
* Business Also Available: $1,295,000 (priced at just 0.35x gross revenue)
* Ample On-Site Parking — 20 dedicated spaces
* Property is in excellent condition
Why Invest in This Property
Located in the Inland Empire, one of the most dynamic industrial and distribution hubs in the U.S., this property benefits from excellent access to the 91 and 15 freeways, a strong labor market, and sustained demand for quality industrial space. The cannabis-licensed tenant provides premium rental income compared to standard industrial tenants, with a proven track record of operational success.