For Sale
$1,495,000

Fully Operational Retail Storefront Corona, CA 92882

High-Grossing Retail Space in Corona, CA

Overview

Added:
Dec 11, 2024
Days on market:
134
This exceptional opportunity presents a fully operational 10,000-square-foot retail storefront in Corona, California, strategically located in Riverside County. Currently generating strong sales, projected to reach $3 million in pre-tax gross revenue for 2024, this established business boasts a prime location benefiting from significant commuter traffic. Approximately 300,000 vehicles daily traverse the Riverside-Orange County line, providing substantial exposure. The property serves a population of roughly 160,000 with a median income of approximately $89,000, ensuring a robust customer base. The building itself offers ample parking with 20 available stalls and possesses expansion potential, qualifying for non-retail licenses. The property is offered at $1,495,000. A new lease will be required by the buyer, with terms including a monthly rate of $2.50 per square foot ($25,000) plus NNN, subject to 3% annual increases. The lease term is five years with two options to extend. This is a rare chance to acquire a thriving retail business in a high-growth area. The zip code is 92882.

Highlights

  • High-traffic location: 300,000 vehicles daily cross the Riverside-Orange County border.
  • Strong population base: Approx. 160,000 residents.
  • High median income: Approx. $89,000.
  • 10,000 square foot building.
  • Ample parking: 20 spaces available.
  • Expansion potential: Suitable for non-retail businesses.

Property Details for 0 Fully Operational Retail Storefront

Property type
Retail properties, Retail space
Square Feet
10,000 SF

Location Insight

City
Corona
County
Riverside
State
California
Latitude
33.8437483
Longitude
-117.6082774

FAQs

What type of property is this?
Retail property - High-Grossing Retail Space in Corona, CA
Where is the retail property located?
The property is located at Fully Operational Retail Storefront Corona, CA.
What is the asking price?
The asking price for this property is $1,495,000.
What are key features of this property?
This property features: High-traffic location: 300,000 vehicles daily cross the Riverside-Orange County border.; Strong population base: Approx. 160,000 residents.; High median income: Approx. $89,000.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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0 Fully Operational Retail Storefront
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