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Nicolas Romo
Direct Office:
800-659-4610
sellingcasas@gmail.com
DRE# 01787685
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Nicolas Romo
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Direct Office:
800-659-4610
sellingcasas@
gmail.com
DRE# 01787685
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1131 Olympic Drive,  Corona CA, 92881

(Active)
$7,772,138
|
26,081 sqft
|
MLS# WS23154409
Last Updated: 5/12/2024 8:41 AM
Description for 1131 Olympic Drive Corona, CA 92881
*This industrial property presents a prime investment opportunity. *A 5.5% Cap Rate is based on the lease rent and reimbursement*5.5% Cap Rate (Pro Forma)*It's fully leased to two tenants, with the current lease expiring on 1/31/2026. Total two units: unit #1 includes both a warehouse and offices, while Unit #2 is solely an office space*Free Standing Building ( There is a gap between the two building walls. no shared wall). *Private Fenced Yard with 6-8 trailer-parking spaces. Total 3 restrooms including 2 restrooms in the warehouse area and 1 restroom in the office area. *Total Office size: 3393 sqft.
Price
$7,772,138
Riverside
26,081 (approx)
WS23154409
Active
Description
*This industrial property presents a prime investment opportunity. *A 5.5% Cap Rate is based on the lease rent and reimbursement*5.5% Cap Rate (Pro Forma)*It's fully leased to two tenants, with the current lease expiring on 1/31/2026. Total two units: unit #1 includes both a warehouse and offices, while Unit #2 is solely an office space*Free Standing Building ( There is a gap between the two building walls. no shared wall). *Private Fenced Yard with 6-8 trailer-parking spaces. Total 3 restrooms including 2 restrooms in the warehouse area and 1 restroom in the office area. *Total Office size: 3393 sqft.
Listing Information
Property Type: Industrial, Business Opportunities, 1 Story
1.29 Acres Assessor 26,081 (approx)
1990 1
Public
Electricity Connected
1 Total
Neighborhood
Room Information
None
Interior Features
Central Air
Other, None
Exterior / Lot Features
38 Parking Spaces, 0 Covered Parking Spaces,
M-4
Chain Link
0-1 Unit/Acre
Driving Directions
15 freeway exit at Magnolia
Financial Considerations
107160065
Cash,Conventional
Listing Price History

Corona Real Estate

Corona is located in California. Corona, California 92881 has a population of 170,872.

The median household income in Corona, California 92881 is $112,523. The median household income for the surrounding county is $70,543 compared to the national median of $66,222. The median age of people living in Corona 92881 is 36 years.

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Listing Agent: YONG GAO CalDRE: 01409769 - HEBRON EQUITIES INC., 626-864-1598
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The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this website. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
This content last refreshed on 5/12/2024 8:41 AM CST. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Information is deemed reliable but is not guaranteed.

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