For Sale
$6,810,000
860 Main St Corona, CA 92878
High-yield QSR & Taquitos, NNN lease
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 135
Highlights
- Investment opportunity offering two NNN-leased properties, The Habit Burger Grill and Roll-Em-Up Taquitos, available individually or together.
- Habit Burger features a 17.6-year remaining lease (20-year term, plus two 5-year options) with corporate guarantee. Roll-Em-Up Taquitos has an 8-year remaining lease (plus two 5-year options) with personal guarantees from high-net-worth individuals.
- Both properties are part of the newly constructed (2022) Class-A Parkridge Plaza retail center. Habit Burger includes a drive-thru; Roll-Em-Up Taquitos' adjacent parcel drive-thru is exclusively for Habit Burger use via easement.
- Strong demographics: 116,264 residents within 3 miles, 266,698 within 5 miles. High daily traffic counts (41,700 vehicles) at the intersection of N. Main St. and W. Parkridge Ave.
- Excellent location in Corona, Inland Empire, near the 91 (246,500 CPD) and 15 freeways (158,000 CPD), and adjacent to Orange County. Surrounded by major retail centers and national retailers including Target, Walmart, and Costco.
- High density of nearby luxury apartments (Artisan at Main Street Metro, One11, Metro at Main) providing a substantial customer base.
Property Details for 860 Main St
- Property type
- Retail properties, Restaurants
- Square Feet
- 5,183 SF
- Year Built
- 2022
- Lot Size (sq. ft)
- 48,352 SF
Location Insight
- City
- Corona
- County
- Riverside
- State
- California
- Latitude
- 33.8951017
- Longitude
- -117.5637115
Nearby Similar for Sale
FAQs
- What type of property is this?
- Retail property - High-yield QSR & Taquitos, NNN lease
- Where is the retail property located?
- The property is located at 860 Main St Corona, CA.
- What is the asking price?
- The asking price for this property is $6,810,000.
- What are key features of this property?
- This property features: Investment opportunity offering two NNN-leased properties, The Habit Burger Grill and Roll-Em-Up Taquitos, available individually or together.; Habit Burger features a 17.6-year remaining lease (20-year term, plus two 5-year options) with corporate guarantee. Roll-Em-Up Taquitos has an 8-year remaining lease (plus two 5-year options) with personal guarantees from high-net-worth individuals.; Both properties are part of the newly constructed (2022) Class-A Parkridge Plaza retail center. Habit Burger includes a drive-thru; Roll-Em-Up Taquitos' adjacent parcel drive-thru is exclusively for Habit Burger use via easement.
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