Active MLS # WS23154409 | Listed by YONG GAO with HEBRON EQUITIES INC.
1131 Olympic Drive is a $7,772,138, 26,081 square foot home on a 1.29 acre lot located in Corona, CA.
*This industrial property presents a prime investment opportunity. *A 5.5% Cap Rate is based on the lease rent and reimbursement *5.5% Cap Rate (Pro Forma) *It's fully leased to two tenants, with the current lease expiring on 1/31/2026. Total two units: unit #1 includes both a warehouse and offices, while Unit #2 is solely an office space *Free Standing Building ( There is a gap between the two building walls. no shared wall). *Private Fenced Yard with 6-8 trailer-parking spaces. Total 3 restrooms including 2 restrooms in the warehouse area and 1 restroom in the office area. *Total Office size: 3393 sqft.
| #Open Parking Spaces | 38.0 |
| Interior Features | None |
| Cooling Types | Central Air Cooling - Yes |
| Heating Types | None |
| # Parking Spaces | 38 |
| Exterior Features | Chain Link Standard Electricity Connected |
| Land Type | Item01 Unit Acre |
| Water Source | Public |
| Attribution Contact | 626-864-1598 |
| Financial Terms | Conventional Cash Conventional |
| Property Type | Commercial Sale |
| Property Sub Type | Industrial |
| Style | Full Service |
| Year Built | 1990 |
| HOA Fee | $0.00 |
| Taxes | $0.00 |
| County | riverside |
| Elementary School | |
| Middle School | |
| High School | |
| Neighborhood |
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