355 Rincon StCorona, CA 92879

Property Details for 355 Rincon St

Year built

2003

Construction

TILT-UP CONCRETE

Lot size

2.82 AC

Property size (Sq ft)

54,497 SF

Zone code

BP

Property type

Office properties

Property subtype

Office buildings

APN

119-280-062

APU

119280062

Description

Rincon Corporate Plaza, a three-story, 58,850 square foot professional office building in Corona, CA (92879), offers exceptional office space for lease. Located at 355 E Rincon St, this prime location boasts convenient access to the 91 and 15 freeways, including the 91 Fast Track Lanes. The building features a desirable tenant mix and provides on-site property management. Nine suites are available, ranging from 1,402 to 7,401 contiguous square feet, with a total of 23,269 square feet currently vacant. The building offers ample parking with a 4:1,000 square foot ratio and includes elevators for easy access to all three floors. This corporate image building provides small to large office solutions, making it an ideal location for businesses of all sizes seeking a professional and convenient workspace in Corona. Minimum leasable space is 1,402 square feet. The building's excellent freeway access and ample parking make it a highly desirable location for businesses seeking easy commutes and convenient client access.

• CAP approach

  CAP return

  Valuation

  6%

  $14,977,979

  6.5%

  $13,825,827

  7%

  $12,838,268

• Comparable approach

  Method

  Valuation

  Relative Method

  $9,560,000

  Geo Method

  $19,181,310

• Alternative Use

  Use

  Valuation

  Residential

  $17,144,026

  Hospitality

  $15,703,835

  Educational

  $13,065,407

  Medical

  $13,514,746

  Retail

  $20,323,966

Location Insight

City

Corona

County

Riverside

State

California

Latitude

33.8875

Longitude

-117.561

CBSA code

40140

CBSA name

RIVERSIDE-SAN BERNARDINO-ONTARIO, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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