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Investment Highlights

  • Highly Functional Industrial Infrastructure: Well-equipped with 23’ clear heights, three dock-high doors, three ground-level doors, and ample power
  • Secured Site with Strong Accessibility: Features a large, gated yard, 62 on-site parking stalls, and excellent freeway access
  • Fully Built-Out FDA-Approved Lab & R&D Facility: ±6,500 SF of FDA-approved laboratory space and ±2,166 SF of office
  • Excellent Owner-User Opportunity

Executive Summary

Marcus & Millichap is pleased to present the exclusive opportunity to acquire 1161 California Avenue in Corona, California. This offering, totaling 30,484 square feet on 1.48 acres of land, represents a rare chance for an owner-user to secure a high-profile industrial facility featuring approximately 6,500 square feet of FDA-approved laboratory space and an additional 2,166 square feet of office, providing immediate functionality for highly regulated operations. The property is well-equipped with three dock-high doors, three ground-level doors, 23-foot clear heights, and 800 amps of 277/480-volt power (verify), supporting a wide range of uses including distribution, manufacturing, and R&D. The site is further enhanced by a large, gated yard area and 62 on-site parking stalls, providing flexibility for both employees and operational needs. Strategically located with excellent freeway access, the property offers strong regional connectivity, making it an ideal solution for users seeking a mission-critical facility in a highly functional and accessible industrial location.

Property Facts

Price $13,420,959 CAD
Price Per SF $440.26 CAD
Sale Type Investment or Owner User
Sale Condition 1031 Exchange
Property Type Industrial
Property Subtype
Manufacturing
  • Flex Research & Development
  • Industrial Distribution
Building Class C
Lot Size 1.48 AC
Rentable Building Area 30,484 SF
No. Stories 1
Year Built/Renovated 1990/2021
Tenancy Single
Parking Ratio 2/1,000 SF
Clear Ceiling Height 23’
No. Dock-High Doors/Loading 3
No. Drive In / Grade-Level Doors 3
Zoning M4, Corona - Light Industrial

Amenities

  • Bio-Tech/ Lab Space
  • Fenced Lot
  • Skylights

Utilities

  • Lighting
  • Gas
  • Water
  • Sewer
  • Heating
Fairly walkable
50/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
40/100

Property Taxes

Property Taxes

Parcel Number
107-160-050
Land Assessment
$2,080,619 CAD
Improvements Assessment
$6,111,010 CAD
Total Assessment
$8,191,630 CAD
  • Listing ID: 39896823

  • Date on Market: 2026-03-24

  • Last Updated:

  • Address: 1161 California Ave, Corona, CA 92881

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