For Sale
$3,200,000

11764 De Palma RdCorona, CA 92883

Prime Retail, Drive-Thru, 5,123 SF

Overview

Added:
Dec 11, 2024
Days on market:
113
This exceptional 5,123-square-foot retail property, located at 11764 De Palma Road in Corona, California, presents a compelling investment opportunity. Currently vacant, this freestanding building boasts a unique, fully-encircling drive-thru, ideal for quick-service restaurants or similar businesses. Situated within the Shops at Sycamore Plaza, a thriving shopping center anchored by Vons and CVS, this property benefits from high visibility and significant traffic. The one-acre lot offers substantial redevelopment potential for various commercial uses, including retail and medical facilities. Its strategic location provides excellent exposure to the 15 Freeway, with a daily traffic count exceeding 126,000 vehicles, further enhanced by signage rights to the center's freeway monument sign. Built in 2008, the property is zoned SP and features a single building on a 0.99-acre lot (APN 290-670-026). The asking price is $3,200,000, offering a fee simple ownership opportunity. The property's size and location make it suitable for a single tenant or can be easily adapted for multiple occupants. This is a rare chance to acquire a high-traffic, well-located retail space with significant upside potential in a rapidly growing area.

Highlights

  • Freestanding retail pad in the Shops at Sycamore Plaza, a Vons & CVS-anchored center.
  • Drive-thru accommodates multiple vehicles.
  • Suitable for single or multi-tenant occupancy.
  • One-acre lot allows for redevelopment opportunities, including retail and medical uses.
  • High visibility from the 15 Freeway (126,000 CPD) with monument signage rights.

Property Details for 11764 De Palma Rd

Property type
Retail properties, Banks
Square Feet
5,123 SF
Year Built
2008
Buildings
1
Lot Size (sq. ft)
43,124 SF

Location Insight

City
Corona
County
Riverside
State
California
Latitude
33.747024246534
Longitude
-117.45439740454
11764 De Palma Rd, Corona, California

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11764 De Palma Rd
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