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1550 Magnolia Ave
Corona, CA 92879

Property For Lease

Property Overview

Lee & Associates is pleased to present this opportunity for a warehousing and distribution company to Lease a high-quality 48,600 sf industrial space within a larger modern Class A industrial property. The subject premises is a high-image industrial distribution unit, featuring Fiber Internet capability, in-place security system, 30’ warehouse ceiling clearance, climate controlled warehouse storage, ESFR fire-sprinklers, a concrete truck court, 7 dock loading positions, one ground level truck door. Equipped with Fiber Internet throughout, the open office floor plan surrounded by private offices, small conference rooms, and a break-room allows for optimal collaboration and productivity. Unique upgrades to the space include fiber optic internet availability, wiring and access points for enhanced internet router equipment in office and warehouse, installation of new warehouse lighting, existing security system and hardware, and quality office finishes. The existing warehouse racking system providing approximately 2,100 pallet positions is available for rent or sale. The existing furniture is also available. Currently offered for Sublease as the existing tenant has secured a larger facility, there is still, however, opportunity to negotiate long-term direct Lease with the property owner. The space will be deliverable March 1, 2019, and the sublease term expires June 30, 2021.

PROPERTY FACTS

Property Type Industrial
Property Subtype Warehouse
Rentable Building Area 198,000 SF
Year Built/Renovated 2002/2008

Features and Amenities

  • Fenced Lot
  • Skylights

Utilities

  • Lighting - Metal Halide
  • Gas - Natural
  • Water - City
  • Sewer - City
  • Listing ID: 13331854

  • Date on Market: 7/31/2018

  • Last Updated:

  • Address: 1550 Magnolia Ave, Corona, CA 92879

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