100 Ontario AveCorona, CA 92882

Property Details for 100 Ontario Ave

Year built

2005

Construction

TILT-UP CONCRETE

Lot size

1.60 AC

Property size (Sq ft)

14,560 SF

Property type

Retail properties

Property subtype

Retail space

APN

113-300-015

APU

113300015

Description

This exceptional retail opportunity presents 59,129 square feet of vacant space within a thriving commercial center located at 100 W Ontario Ave, Corona, CA 92882. The property, known as Corona Town & Country, is situated on South Main Street, offering excellent visibility and accessibility. The space is categorized as multiple tenancy retail, presenting a unique chance for a variety of businesses to establish themselves in a high-traffic area. The entire building encompasses 59,129 square feet, with all of it currently available for lease. One available in-line space is highlighted at 1,602 square feet, ideal for a smaller retailer or service provider. The center benefits from a strong grocery store anchor, ensuring consistent foot traffic and a built-in customer base. This prime location in Corona, California offers businesses the chance to tap into a vibrant and growing market. The property's address is easily accessible and visible from major roadways, making it an attractive location for both customers and employees. The available space is ready for immediate occupancy, providing a seamless transition for new tenants. This is an exceptional opportunity to secure a prominent retail presence in a well-established and successful commercial center. Interested parties are encouraged to inquire for further details and leasing information.

• CAP approach

  CAP return

  Valuation

  6%

  $5,882,465

  6.5%

  $5,429,968

  7%

  $5,042,113

• Comparable approach

  Method

  Valuation

  Relative Method

  $6,436,462

  Geo Method

  $12,914,202

• Alternative Use

  Use

  Valuation

  Residential

  $4,580,381

  Hospitality

  $4,195,604

  Educational

  $3,490,694

  Medical

  $3,610,744

  Retail

  $5,429,968

Location Insight

City

Corona

County

Riverside

State

California

Latitude

33.8557

Longitude

-117.57

CBSA code

40140

CBSA name

RIVERSIDE-SAN BERNARDINO-ONTARIO, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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