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Investment Highlights
- Three-story office investment property constructed in 2007 with steel-frame construction.
- Roof replacement was completed in 2019.
- Located in Corona with access to major Inland Empire business and transportation corridors.
- The property includes 213 parking spaces and two Mitsubishi elevators.
- Multi-tenant layout provides diversified occupancy across three floors.
- Estimated net income of $977,941 for the July 2025 to June 2026 operating period.
Executive Summary
400 E. Rincon Street presents an opportunity to acquire a three-story office investment property in Corona, California. Built in 2007, the building contains approximately 52,733 square feet and is situated on approximately 3 acres with 213 parking spaces. The property features steel construction, two Mitsubishi elevators, and a roof replaced in 2019. Its multi-tenant configuration provides a range of suite layouts across three floors, supporting diversified occupancy and income generation.
The asset benefits from convenient access within the Inland Empire, one of Southern California's most significant business and logistics regions. Corona's location offers connectivity to major transportation corridors serving Orange, Riverside, Los Angeles, and San Bernardino Counties, supporting tenant accessibility and regional business operations. The property's established office infrastructure, parking capacity, and modern construction profile position it to serve a variety of professional and corporate users.
According to the provided financial information, the property reports estimated gross revenue of $1,562,661 and estimated net income of $977,941 for the period of July 1, 2025 through June 30, 2026, providing investors with an income-producing office asset in a mature Southern California market.
The asset benefits from convenient access within the Inland Empire, one of Southern California's most significant business and logistics regions. Corona's location offers connectivity to major transportation corridors serving Orange, Riverside, Los Angeles, and San Bernardino Counties, supporting tenant accessibility and regional business operations. The property's established office infrastructure, parking capacity, and modern construction profile position it to serve a variety of professional and corporate users.
According to the provided financial information, the property reports estimated gross revenue of $1,562,661 and estimated net income of $977,941 for the period of July 1, 2025 through June 30, 2026, providing investors with an income-producing office asset in a mature Southern California market.
Property Facts
Sale Type
Investment
Property Type
Office
Building Size
52,733 SF
Building Class
B
Year Built
2007
NOI
$977,941
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
17,577 SF
Slab To Slab
15’
Building FAR
0.40
Lot Size
3.00 AC
Zoning
BP - Business Park
Parking
213 Spaces (8.08 Spaces per 1,000 SF Leased)
Amenities
- Conferencing Facility
- Signage
- Reception
- Air Conditioning
1 1
Fairly walkable
50/100
Exceptionally drivable
100/100
Some public transit
50/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 119-280-070 | Improvements Assessment | $10,790,567 |
| Land Assessment | $1,004,433 | Total Assessment | $11,795,000 |
Property Taxes
Parcel Number
119-280-070
Land Assessment
$1,004,433
Improvements Assessment
$10,790,567
Total Assessment
$11,795,000
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