1851 California
1851 California
1851 California Avenue is a 223,801 SF concrete tilt-up distribution facility located in the Inland Empire submarket of Corona, California. The property was built in 1991 and sits on a 10.15-acre site, offering functional design and modernized infrastructure.
The facility features 28’–32’ clear heights, 2,000 amps of power, a 2021 roof replacement, and 100% HVAC coverage in the warehouse - a unique competitive advantage in the Inland Empire, particularly for tenants requiring climate-controlled distribution or light manufacturing. Loading is facilitated through 9 dock-high doors, 21 van-high doors, and 1 grade-level ramp, with 197 parking spaces.
Acquired the asset on a short-term sale-leaseback, providing immediate income stability while allowing for forward marketing in advance of lease maturity.
Transaction Type:
Acquisition
Size:
223,801 SF
Location:
Corona, CA
Building Type:
Industrial