AUCTION SALE: Value-Add/Owner-User Box Opportunity | 55,000 SF


	ONLINE AUCTION - APRIL 20th to 22th STARTING BID AT $2,500,000


	FORMER
	VALUE-ADD/OWNER USER BOX OPPORTUNITY 109 N. MCKINLEY ST, CORONA, CALIFORNIA 92879

INVESTMENT SUMMARY

ONLINE AUCTION
4/20/2020 to 4/22/2020

BUILDING SIZE
55,000 SF

LAND AREA
4.28 AC

TRAFFIC COUNTS
59,000 CPD

INVESTMENT HIGHLIGHTS

Anchor Space in Successful Corona Shopping Center – The property enjoys strong co-tenancy with Dollar Tree, Subway, Boost Mobile, Little Caesar’s, H&R Block and Alberto’s Mexican Food.
Rare Southern California Box Value-Add Opportunity – With the closures of many “box” tenants such as Haagens, Sears, K-Mart, Toys R Us and Others, much of that space has already been absorbed. There are few value-add opportunities remaining in Southern California.
Residential and Commercial Proximity – The former Food 4 Less is conveniently located in the heart of both residential and commercial density enhancing daytime and evening traffic, every day of the week.
Easy Ingress and Egress into the Center – The shopping center features 4 total points of convenient ingress and egress from both McKinley Street (2) and Magnolia Avenue (2), which provides consumers with ample accessibility.
Proximity to 91 Freeway – The shopping center is situated less than 0.3 miles away from the 91 Freeway (Riverside Freeway), which features over 209,000 cars per day that pass the McKinley Street on/offramp.
Well-Below Replacement Cost – The subject property is priced well-below replacement costs. This allows investors to attract tenants with competitive rents in the area.

FOR MORE INFORMATION, PLEASE CONTACT:

ALEX KOZAKOV
Senior Vice President
+1 213 613 3031
alex.kozakov@cbre.com
Lic. 01416489

PATRICK WADE
Senior Vice President
+1 213 613 3071
patrick.wade@cbre.com
Lic. 01454690

MATTHEW GREENBERG
Associate
+1 213 613 3544
matthew.greenberg@cbre.com
Lic. 01968717

JAKE HAYUTIN Associate +1 310 363 4702 jake.hayutin@cbre.com Lic. 01981515	-------	JONATHAN FARASAT Associate +1 818 730 7372 jonnyfarasat@gmail.com Lic. 02027371	-------	ALEXIS ABAD Analyst +1 213 613 3080 alexis.abad@cbre.com Lic. 02041863
.

kozakov–wade retail

@Koz_Wade_Retail

@RetailKW

Team Brochure

kwretail

400 South Hope Street // 25th Floor // Los Angeles, CA 90071

You may also unsubscribe by calling toll-free +1 877 CBRE 330 (+1 877 227 3330).

Please consider the environment before printing this email.

CBRE respects your privacy. A copy of our Privacy Policy is available online. If you have questions or concerns about our compliance with this policy, please email PrivacyAdministrator@cbre.com or write to Attn: Marketing Department, Privacy Administrator, CBRE, 200 Park Ave. 19-22 Floors, New York, NY 10166.

Address: 2221 Rosecrans Avenue Suite 100, El Segundo CA 90245

THIS IS A MARKETING COMMUNICATION

© 2025 CBRE, Inc. All rights reserved. This information has been obtained from sources believed reliable, but has not been verified for accuracy or completeness. You should conduct a careful, independent investigation of the property and verify all information. Any reliance on this information is solely at your own risk.

CBRE and the CBRE logo are service marks of CBRE, Inc. All other marks displayed on this document are the property of their respective owners, and the use of such logos does not imply any affiliation with or endorsement of CBRE.

Photos herein are the property of their respective owners. Use of these images without the express written consent of the owner is prohibited.