$7,772,138

1131 Olympic Drive, Corona 92881

56,192

Lot Size

Listing Agent
Yong Gao - HEBRON EQUITIES INC.

*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.

Facts & Features

MLS® # WS23154409
Price $7,772,138
Bathrooms 0.00
Lot Size 56,192
Year Built 1990
Type Commercial Sale
Sub-Type Industrial
Status Active

Community Information

Address 1131 Olympic Drive
Area 248 - Corona
City Corona
County Riverside
Zip Code 92881

Amenities

Utilities Electricity Connected
Parking Spaces 38
Is Waterfront No
Has Pool No

Interior

Heating None
Cooling Central Air
Has Basement No
Fireplace No
# of Stories 1

Exterior

Lot Description 0-1 Unit/Acre

Additional Information

Date Listed August 17th, 2023
Days on Market 257
Zoning M-4
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

AgentYong Gao
OfficeHEBRON EQUITIES INC.

Listing Map

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