490 McKinley Street

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490 McKinley Street

Corona, CA 92879
Asking Price
$29.91M
Cap Rate
5.35%
Asset Type
Storefront Retail
Class
Class B

What's Special

Net Lease Home Depot Asset in Corona, CA <p><strong>Net Lease with Rent Increases</strong></p><p>Home Depot’s net lease features ±8.7 years of primary term remaining with a 8.13% rent increase in 2030. Additionally, the lease features two, 5-year renewal options with 10% increases at the onset of both options.</p><p><strong>Part of the 489,151 SF Corona Hills Plaza</strong></p><p>The Home Depot is a core anchor of the 489,151-square-foot Corona Hills Plaza, one of the most prominent and high-traffic shopping destinations in the Inland

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NOI
$80,000
Cap Rate
0.27%
DSCR
0.05
Underwater
Cash-on-Cash
-18.90%
Monthly Payment
$147,961.252
Annual Cash Flow
$-1,695,535.027

Location & Travel Times