For Sale

Industrial Condos

Owner/User or Potential Investment

Property Details

Price:

Negotiable

APNs:

113-360-040

Building Size:

± 44,116  - ± 110,642

Lot Size:

2.54 Acres

Elevator:

1

Zoning:

Specific Plan SP-91-01

# Suites:

11

Sprinkler:

Yes

Year Built:

2004

Electrical Meters:

(1)

Parking:

173 SPACES

Gas Meters:

(1)

Water Meters:

(1)

Property Description

South Main Business Center presents an exceptional investment opportunity to acquire a well-maintained, multi-tenant office asset in the heart of Corona — one of the Inland Empire’s strongest and fastest-growing commercial markets. Constructed in 2004, the two-story office project was thoughtfully designed to provide a professional and welcoming environment for both tenants and their clientele, contributing to its history of stable occupancy and long-term tenant retention. The property has been professionally managed and meticulously maintained throughout ownership, including recently renovated covered parking, further enhancing tenant appeal and reducing near-term capital expenditure needs.

The investment is further strengthened by favorable market fundamentals. Corona currently has very limited new office inventory under development, with only approximately 18,000 square feet under construction citywide. This constrained pipeline helps support long-term occupancy stability, tenant demand, and continued upward pressure on rental rates.

For investors seeking additional tax advantages, the property also presents the potential opportunity to utilize cost segregation strategies and bonus depreciation benefits, allowing qualified buyers to accelerate depreciation and enhance after-tax cash flow.

  1. OCCUPANCY: South Main Business Center has historically maintained strong and stable occupancy with a history of long-term tenancy. The property’s diverse tenant mix provides dependable cash flow and long-term income stability.
  2. PRIME CORONA LOCATION: Located in the heart of Corona’s established business corridor, the property offers convenient access to the 91 and I-15 Freeways and is surrounded by medical, professional office, retail, and residential developments throughout one of the Inland Empire’s strongest growth markets.
  3. AFFLUENT DEMOGRAPHICS: More than 50% of the population within a one-mile radius of the property earns in excess of $100,000 annually, supporting a strong surrounding consumer and professional base.

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Broker Contact

Chantel Aguilar

Senior Vice president