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Raising Cane's | Corona, CA 840 N Main St

3,660 SF Retail Building Corona, CA 92878 $6,304,000 ($1,722/SF) 4.60% Cap Rate

Retail Buildings California Corona 840 N Main St, Corona, CA 92878

Investment Highlights

  • Corporate Lease - 800+ Locations
  • Oversized Parcel (1.29 Acres) - Double Drive-Thru Lanes
  • Synergistic Retail Corridor - 266K Residents Within 5-Miles
  • 10% Rental Increase in 2026 - 5.21% Blended Cap Rate
  • NNN Ground Lease - 11.8 Years Remaining
  • 41,746 CPD - Minutes Away from 91 and 15 Freeways

Executive Summary

Corporate Raising Cane’s lease – one of the fastest growing restaurant brands with 800+ locations.

Property Facts

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Freestanding
Building Size
3,660 SF
Year Built
2022
Price
$6,304,000
Price Per SF
$1,722
Cap Rate
4.60%
NOI
$290,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.07
Lot Size
1.29 AC
Zoning
GC - General Commercial
Parking
15.03 Spaces per 1,000 SF Leased

Amenities

  • Corner Lot
  • Freeway Visibility
  • Restaurant
  • Signage
  • Signalized Intersection
  • Drive Thru

MAJOR TENANTS

  • Tenant
  • Industry
  • SF OCCUPIED
  • RENT/SF
  • Lease Type
  • Lease End
  • Accommodation and Food Services
  • -
  • -
  • Triple Net
  • -

Life at Cane’s is fast, friendly… and fun! To deliver THE PERFECT BOX™, every person — from operator to Crewmember — pitches in wherever needed. There, they’re all Fry Cooks and Cashiers. They take pride in what they do, and never sacrifice quality for speed.

Tenant Industry SF OCCUPIED RENT/SF Lease Type Lease End
Accommodation and Food Services - - Triple Net -

Links

1 of 1
Walk Score ®
Very Walkable (76)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
Learn How It Works Detailed Scores

Nearby Major Retailers

Alberto's Mexican Food
The Habit Burger Grill
Ono Hawaiian BBQ
Smart & Final
My Gym
Jazzercise
Winco Foods
Wells Fargo Home Mortgage
The Brass Tap
ALDI

PROPERTY TAXES

Parcel Number 122-061-009 Improvements Assessment $2,875,380
Land Assessment $1,546,027 Total Assessment $4,421,407

PROPERTY TAXES

Parcel Number
122-061-009
Land Assessment
$1,546,027
Improvements Assessment
$2,875,380
Total Assessment
$4,421,407
(949) 345-0970

Contacts

  • Listing ID: 31917261

  • Date on Market: 5/24/2024

  • Last Updated:

  • Address: 840 N Main St, Corona, CA 92878

More public record information on 840 N Main St, Corona, CA 92878

The Retail Property at 840 N Main St, Corona, CA 92878 is currently available for sale. Contact CBRE, Inc. for more information.

Retail PROPERTIES IN NEARBY NEIGHBORHOODS

Nearby Listings

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840 N Main St, Corona, CA for sale Building Photo- Image 1 of 8
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840 N Main St, Corona, CA for sale Building Photo- Image 4 of 8
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840 N Main St, Corona, CA for sale Building Photo- Image 5 of 8
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840 N Main St, Corona, CA for sale Building Photo- Image 6 of 8
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840 N Main St, Corona, CA for sale Building Photo- Image 7 of 8
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Raising Cane's | Corona, CA | 840 N Main St
(949) 345-0970 x

Raising Cane's | Corona, CA | 840 N Main St

1/3

Ian Schroeder

(949) 345-0970

(949) 345-0970

David McNevin

(714) 809-3439

(714) 809-3439

Melissa Ley Marshall

(949) 725-8617

(949) 725-8617

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