944 W 6th St
Corona, CA 92882
Corona Shopping Plaza · Retail Property For Sale

This property is being offered unpriced. NAI Capital is pleased to present the opportunity purchase a stabilized, multi-tenant strip center located in the heart of Corona, California. The subject property is 100% occupied by 14 tenants, with many tenants having occupied the center for many years. Many of the tenants have been in the center for over 10 years and continue to prosper as this rapidly growing area continues to improve further. Many of the tenants are also "e-commerce" resistant uses which makes this asset even more attractive to investors. The 6th Street corridor is one of the major thoroughfares in Corona and has substantial traffic counts and above average income levels. Two blocks from the subject property is the Corona civic center which includes the city hall and other governmental offices. The property is also very close to the 91 freeway and benefits from the traffic of the neighboring centers. The overall vacancy rate in the city of Corona is sub 5% and many of the properties are being redeveloped and modernized. The city of Corona has seen high growth and is considered one of the most affluent and dense cities in all of the South Riverside County submarket.