CBRE is pleased to offer for sale the 100,000-square-foot Home Depot situated on 8.82 acres in Corona, CA—a component of the broader Riverside-San Bernardino-Ontario MSA (Population: 4.7M+). Home Depot’s net lease features ±8.7 years of primary term remaining with an 8.13% rent increase in 2030. Additionally, the lease features two, 5-year renewal options with 10% increases at the onset of both options.
The Home Depot is a central anchor of the 489,151-square-foot Corona Hills Plaza, one of the premier shopping destinations in the Inland Empire. The center features a robust mix of national retailers including Costco, TJ Maxx, Ross Dress for Less, Five Below, Dollar Tree, and Big 5 Sporting Goods, as well as popular dining destinations like Lazy Dog Restaurant & Bar and Texas Roadhouse.
Located at 480 N. McKinley Street in Corona, the Home Depot is positioned with exceptional visibility and access along the State Route 91 (±220,000 VPD) and near the I-15 interchange. Its location off the McKinley Street exit provides direct regional connectivity for residential consumers and professional contractors throughout Riverside and Orange Counties.