610 N Main St - Fast Food FOR SALE


Corona, CA 92880
$2,995,000 USD
901-277-3093
610 N Main St, Corona, CA for Sale
$2,995,000 USD
Fast Food - FOR SALE
1/6
null | 4.47% Cap Rate

610 N Main St
Corona, CA 92880


HIGHLIGHTS

  • Operating at This Location Since 1985: Nearly 40 years of continuous occupancy demonstrating proven performance and long-term site viability.
  • 2025 Tenant-Funded Renovation: Recent capital reinvestment by tenant reduces near-term capital risk and reinforces long-term commitment to the site.
  • Signalized Intersection | ±35,610 Cars Per Day: High-visibility location with strong commuter and residential traffic exposure.
  • Trade Area’s Dominant Retail Corridor: Surrounded by national retailers and daily-needs tenants in a supply-constrained drive-thru market.
  • Gateway to Orange County via the 91 Freeway: Strategically positioned along the 91 Freeway corridor
  • Across the street from New & Existing Multifamily Projects (800+ Units)

OVERVIEW

Progressive Real Estate Partners is pleased to present the opportunity to acquire a corporate-guaranteed El Pollo Loco ground lease located along North Main Street in Corona, CA—one of the city’s primary retail corridors. The property features a ±2,258 SF drive-thru restaurant that has successfully operated at this location for 40 years (since 1985) and is secured by an absolute NNN ground lease. Investors benefit from passive ownership with zero landlord responsibilities, 10% rent increases every five years, and a long operating history that demonstrates the location’s durability and the tenant’s commitment to the site. Positioned at a signalized intersection with ±35,000+ cars per day and less than one mile from both the I-15 and 91 Freeways, the property offers exceptional visibility and regional accessibility. The surrounding trade area continues to strengthen with more than 800 new and existing apartment units directly across the street and a dense consumer base exceeding 144,000 residents within a 10-minute drive time, providing a strong foundation for long-term retail demand.

FOR SALE DETAILS

PRICE

$2,995,000 USD

PRICE/SF

$2,713 USD /SF

CAP RATE

4.47%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Single Tenant Net Lease - El Pollo Loco

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1988

SPRINKLERS

-

PARKING SPACES

20

LAND DETAILS

LAND ACRES

0.36 AC

LAND SF

15,681 SF

ZONING

C2

APN/PARCEL ID

119-262-001,119-262-002

ASK ABOUT THIS PROPERTY

Lance MordachiniProgressive Real Estate PartnersMore Info
901-277-3093

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Lance MordachiniProgressive Real Estate PartnersMore Info
901-277-3093

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