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The Habit Burger Grill | Corona, CA 870 N Main St

2,650 SF Retail Building Corona, CA 92878 $4,187,000 ($1,580/SF) 4.35% Cap Rate

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Investment Highlights

Rare 20 Year Lease - 17.6 Years Remaining
2022 Construction - Features Drive-Thru Lane
Robust Daytime Population - 266K Residents Within 5-Miles

Inland Empire Location - Retail Corridor Near Luxury Apartments
10% Rental Increases Every 5 Years - Next Increase in 2026
41,746 CPD - Minutes Away from 91 & 15 Freeways

Executive Summary

The Habit Burger Restaurants LLC (corporate) remains liable per the lease. Habit Burger is a subsidiary of Yum! Brands (NYSE: YUM), one of the world’s largest restaurant companies.

Property Facts

Sale Type

Investment NNN

Property Type

Retail

Property Subtype

Freestanding

Building Size

2,650 SF

Year Built

2022

Price

$4,187,000

Price Per SF

$1,580

Cap Rate

4.35%

NOI

$182,148

Tenancy

Single

Building Height

1 Story

Building FAR

0.11

Lot Size

0.57 AC

Zoning

GC - General Commercial

Parking

8.68 Spaces per 1,000 SF Leased

Amenities

Corner Lot
Freeway Visibility

Restaurant
Signage

Signalized Intersection

Drive Thru

MAJOR TENANTS

Accommodation and Food Services
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Triple Net
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Born under the golden Santa Barbara sun in 1969, Habit Burger & Grill has been chargrilling California’s freshest flavors for over half a century. Their chef-driven, award-winning menu celebrates variety with freshly chargrilled burgers, chicken, and tuna all cooked-to-order over an open flame for that distinctive taste you crave. From their crisp salads to our handspun shakes, every detail matters. They’re not just cooking; we’re spreading the laid-back, feel-good vibe of their roots. So come as you are, bring your appetite, and experience the fresh taste of the Golden State – no matter where you call home.