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260 W Foothill Pky
Corona, CA 92882

Albertsons (Sale-Leaseback) · Retail Property For Sale

PROPERTY FACTS

Property Type
Retail
Property Subtype
Supermarket
Building Size
65,082 SF
Building Class
B
Year Built/Renovated
2000/2008
Tenancy
Single
Building Height
1 Story
Loading Docks
3 Exterior
Building FAR
0.23
Lot Size
6.56 AC
Zoning
C - Commercial
Parking
220 Spaces (3.38 Spaces per 1,000 SF Leased)
Frontage
1,555 FT on Foothill & Main

Amenities

  • Monument Signage
  • Air Conditioning

About 260 W Foothill Pky , Corona, CA 92882

Single-Tenant Albertsons: - New 20-Year initial term sale-leaseback - Increases every 5 years (CPI with 10% Max) - Excellent store sales with strong rent coverage - $3.6 million interior remodel in 2008 - Albertsons has successfully operated at this location since it was built in 2000 - Absolute NNN – No landlord responsibility - Albertsons Companies, Inc. corporate guaranty - Albertsons is one of the largest food and drug retailers in the United States, operating 2,277 stores across 34 states under 20 well-known banners Daily Needs Anchor to 100% Occupied Mountain Gate Marketplace: Historically 100% occupied shopping center with synergy from national credit tenants including Carl's Jr., GNC, Great Clips, Mathnasium, Pick Up Stix, Pizza Hut, The UPS Store, and Wells Fargo Hard Corner, Signalized Intersection: Located at the intersection of Main Street and Foothill Parkway, two of the largest thoroughfares in Corona

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
114-070-016
Land Assessment
$5,255,892
Improvements Assessment
$10,800,858
Total Assessment
$16,056,750
  • Listing ID: 15296451

  • Date on Market: 2/27/2019

  • Last Updated:

  • Address: 260 W Foothill Pky, Corona, CA 92882

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