422 N Main St - Freestanding FOR SALE


Corona, CA 92878
$4,251,000 USD
949-698-1106
422 N Main St, Corona, CA for Sale
$4,251,000 USD
Freestanding - FOR SALE
1/12
null | 6% Cap Rate

422 N Main St
Corona, CA 92878


HIGHLIGHTS

  • Strong Tenant Lineup | 100% Occupied | Metro at Main | Newly-Constructed Mixed- Use Development | Luxury Apartments
  • Strong National Tenants | Dense Retail Corridor
  • Along Arterial Thoroughfare | North Main Metrolink Station |Interstate 15 (187,000 VPD) | State Highway 91 (263,500 VPD)
  • Southern California Retail Opportunity | Premier Location Within High Barriers to Entry Market
  • Strong Demographics in 5-Mile Trade Area | Six-Figure Incomes |Multiple Nearby Luxury Apartments

OVERVIEW

SRS National Net Lease Group is pleased to offer the opportunity to acquire the Metro at Main North Retail, a 100% occupied building located within the mixed-use project, Metro at Main. Metro at Main is a unique mixed-use project with more than 60,000 square feet of ground-floor retail accompanied by nearly 300 luxury apartments. The 5-story apartment community was constructed in 2017 with rental rates ranging from $2,300 - $3,500 and an occupancy rate of nearly 97%.

FOR SALE DETAILS

PRICE

$4,251,000 USD

PRICE/SF

$543 USD /SF

CAP RATE

6%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Metro at Main (Retail North)

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2017

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

C

APN/PARCEL ID

119-560-007

ASK ABOUT THIS PROPERTY

Pat KentSRS National Net Lease GroupMore Info
949-698-1106

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Pat KentSRS National Net Lease GroupMore Info
949-698-1106

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