260 E Ontario Ave - Medical CONDO FOR SALE
Corona, CA 92879 |
$7,430,000 USD
949-500-6654
260 E Ontario Ave
Corona, CA 92879
HIGHLIGHTS
- ±13,462-SF Fully Occupied Medical Condo in Corona South Main Medical Plaza.
- Offered at $7,430,000 (±$552/SF) | 6.50% In-place cap rate.
- Three NNN leases signed in 2024.
- Strong tenant roster: Oncology, imaging, and radiation therapy groups.
- New roof (2024), recent exterior paint, 17 HVAC units (4 new).
- Inland Empire medical vacancy is at an all-time low of 5.6%.
OVERVIEW
±1,300 SF – New 10-year NNN lease signed in 2024 to a medical imaging group. Tenant has two 5-year options at FMR.
±3,555 SF – New 10-year NNN lease signed in 2024 to a cancer radiation group. Tenant has two 5-year options at FMR.
±8,607 SF – New 5-Year NNN Leased Signed 2024 to an oncology medical group.
FOR SALE DETAILS
PRICE
$7,430,000 USD
PRICE/SF
$552 USD /SF
CAP RATE
6.5%
# OF UNITS
1
CONDO SIZE
-
% LEASED
-
TENANCY
Multiple
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Corona South Main Medical Plaza
PROPERTY TYPE
Office
PROPERTY SUBTYPE
Medical
TOTAL BUILDING SIZE
27,328 SF
STORIES
2
BUILDING CLASS
B
YEAR BUILT
2008
SPRINKLERS
-
PARKING SPACES
151
LAND DETAILS
LAND ACRES
2.6 AC
LAND SF
113,256 SF
ZONING
SP-91-1, Corona
APN/PARCEL ID
113-362-001,113-362-002,113-362-003,113-362-004,113-362-005,113-362-006,113-362-007,113-362-008,113-362-009
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949-500-6654
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949-500-6654
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