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Metro at Main (Retail North) 422 N Main St 7,833 SF 100% Leased Retail Building Corona, CA 92878 $5,934,056 CAD ($757.57 CAD/SF) 6% Cap Rate

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INVESTMENT HIGHLIGHTS

  • Strong Tenant Lineup | 100% Occupied | Metro at Main | Newly-Constructed Mixed- Use Development | Luxury Apartments
  • Along Arterial Thoroughfare | North Main Metrolink Station |Interstate 15 (187,000 VPD) | State Highway 91 (263,500 VPD)
  • Strong Demographics in 5-Mile Trade Area | Six-Figure Incomes |Multiple Nearby Luxury Apartments
  • Strong National Tenants | Dense Retail Corridor
  • Southern California Retail Opportunity | Premier Location Within High Barriers to Entry Market

EXECUTIVE SUMMARY

SRS National Net Lease Group is pleased to offer the opportunity to acquire the Metro at Main North Retail, a 100% occupied building located within the mixed-use project, Metro at Main. Metro at Main is a unique mixed-use project with more than 60,000 square feet of ground-floor retail accompanied by nearly 300 luxury apartments. The 5-story apartment community was constructed in 2017 with rental rates ranging from $2,300 - $3,500 and an occupancy rate of nearly 97%.

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
7,833 SF
Year Built
2017
Price
$5,934,056 CAD
Price Per SF
$757.57 CAD
Cap Rate
6%
NOI
$356,006 CAD
Percent Leased
100%
Building Height
1 Story
Building FAR
0.03
Lot Size
6.71 AC
Zoning
C - Commercial

AMENITIES

  • Signage
  • Signalized Intersection
  • Monument Signage
Walk Score®
Very Walkable (89)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

NEARBY MAJOR RETAILERS

Citizens Business Bank
Bank of America
Starbucks
YMCA
Fit Body Boot Camp
The Brass Tap
Flame Broiler
Rent-A-Center
Alberto's Mexican Food
Yoshinoya
  • Listing ID: 35956042

  • Date on Market: 2025-05-22

  • Last Updated:

  • Address: 422 N Main St, Corona, CA 92878

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