Corona Cerrito Plaza 1535 E Ontario Ave 8,112 SF 62% Leased Retail Building Corona, CA 92881 $5,077,537 CAD ($625.93 CAD/SF) 6.20% Cap Rate

Progressive Real Estate Partners is pleased to present the opportunity to acquire a high-exposure, four-tenant retail asset with a drive-thru end cap located directly o? Interstate 15 at the Ontario Avenue exit in Corona. The property bene?ts from visibility to ±166,500 CPD along Interstate 15 and ±44,800 CPD along Ontario Avenue, which functions as a primary east–west arterial for central and south-central Corona residents accessing the freeway. The drive-thru tenant features second-position placement on the freeway pylon sign, while the building itself is one of the most prominent-positioned within the plaza, o?ering superior visibility and signage exposure along Interstate 15, the freeway on- and o?-ramps, and Ontario Avenue. Situated within a highly a?uent trade area, average household incomes within a one-mile radius exceed $156,900. The center is surrounded by a dense concentration of national and regional retailers that drive consistent daily tra?c and support long-term tenant demand. The tenant mix is service-oriented and internet-resistant, with tenants averaging approximately 13 years of operating history at the property. Tenants operate under triple-net leases with 3% annual rent increases, providing predictable cash ?ow and built-in in?ation protection, while common areas are professionally managed, supporting reduced ownership responsibilities.