11764 De Palma Rd
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11764 De Palma Rd
5,123 SF Retail Building Corona, CA 92883 $3,200,000 ($625/SF)
Investment Highlights
- Premier freestanding retail pad within Shops at Sycamore Plaza, a destination Vons & CVS anchored center, which caters to residents of the trade area
- Property may be occupied by a single-tenant user or potentially repositioned to accommodate multiple tenants
- Highly visible from the 15 freeway (126,000 CPD) and has signage rights to the Shops at Sycamore Plaza freeway monument sign
- Existing drive-thru can accommodate several cars as the stacking line wraps around the entire building
- Oversized Lot - consisting of approx. one (1) acre of land, the site lends itself to many redevelopment opportunities including retail, medical, etc.
Executive Summary
11764 De Palma Road is a freestanding owner/user retail opportunity with an existing drive-thru that wraps around the entire building. Delivered vacant at COE, this premier pad is within Shops at Sycamore Plaza, which is a destination Vons and CVS anchored shopping center that caters to the resident in the South Corona trade area. The pad can be occupied by a single-tenant user or potentially repositioned for multiple tenants. The oversized land parcel (1 acre), lends the opportunity to redevelop the site for a variety of commercial uses like retail and medical. The site is highly visible from the 15 Freeway with CPD exceeding 126,000. The property also benefits from signage right to the freeway monument sign of Shops at Sycamore Plaza.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
5,123 SF
Building Class
B
Year Built
2008
Price
$3,200,000
Price Per SF
$625
Tenancy
Single
Building Height
1 Story
Building FAR
0.12
Lot Size
0.99 AC
Zoning
SP Zone - Specific Plan
Parking
30 Spaces (5.85 Spaces per 1,000 SF Leased)
Frontage
283 FT on De Palma Rd
Amenities
- Banking
- Signage
- Drive Thru
- Monument Signage
Space Availability
- Space
- Size
- Space Use
- Position
- Available
±5,123 sq. ft. Freestanding drive thru building
| Space | Size | Space Use | Position | Available |
| 1st Floor | 5,123 SF | Retail | Outparcel | Now |
1st Floor
| Size |
| 5,123 SF |
| Space Use |
| Retail |
| Position |
| Outparcel |
| Available |
| Now |
1st Floor
| Size | 5,123 SF |
| Space Use | Retail |
| Position | Outparcel |
| Available | Now |
±5,123 sq. ft. Freestanding drive thru building
Nearby Major Retailers
PROPERTY TAXES
| Parcel Number | 290-670-026 | Improvements Assessment | $3,662,874 |
| Land Assessment | $591,800 | Total Assessment | $4,254,674 |
PROPERTY TAXES
Parcel Number
290-670-026
Land Assessment
$591,800
Improvements Assessment
$3,662,874
Total Assessment
$4,254,674
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11764 De Palma Rd
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