$298.00 Per Sq Foot $41,723 est/mo Sourced by Back At You

1131 Olympic Drive,Corona, CA 92881

Corona CA, 92881

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Description

*This industrial property presents a prime investment opportunity. *A 5.5% Cap Rate is based on the lease rent and reimbursement *5.5% Cap Rate (Pro Forma) *It's fully leased to two tenants, with the current lease expiring on 1/31/2026. Total two units: unit #1 includes both a warehouse and offices, while Unit #2 is solely an office space *Free Standing Building ( There is a gap between the two building walls. no shared wall). *Private Fenced Yard with 6-8 trailer-parking spaces. Total 3 restrooms including 2 restrooms in the warehouse area and 1 restroom in the office area. *Total Office size: 3393 sqft.

Details

MLS#WS23154409
Listing TypeFor Sale
StyleIndustrial
Sub-TypeResale
StatusActive
Year1990
Days On Site339
Listing Provided ByHEBRON EQUITIES INC. 626-864-1598 | YONG GAO
Buying Commision2.500%

Features

SQ Feet26,081
Story(s)1
Building(s)1
ZoningM-4
Acreage1.29

Market Activity 92881

MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the California Regional MLS.

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Listings Checked: 17 minutes ago
StateCA
CountyRiverside
CityCorona
Zip Code92881
Area248 Corona
Listing VS Median (in 92881)
Price:
$7,772,138
low | high
Med:
$880,000
100% of Average
SqFt:
26,081
low | high
Med:
1,822
100% of Average
$ / SqFt:
$298
low | high
Med:
$483
12.075748311097% of Average
On Site:
339
low | high
Med:
6.000000
100% of Average
Sourced by Back At You
Listing Updated: February 23, 2024 at 11:40:02 PM PST