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Magnolia & Trademark Center - 1550 Magnolia Avenue

Off-Market

1550 Magnolia Avenue, Corona, CA 92882

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  • Property Type Industrial - Warehouse/Distribution
  • Property Size 198,800 SF
  • Lot Size 10.11 Acre
  • Parking Spaces Avail. 397
  • Parking Ratio 2.00/ 1,000 SF
  • Property Tenancy Multi-Tenant
  • Building Class A
  • Year Built 2002

Location

  • City Corona, CA
  • Zip Code 92882
  • Market Inland Empire

Contacts

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Owner

  • True Owner
  • Registered Owner

Tenants

Suite Name Tenant Leased
Space
Rent Price Lease
Type
Space
Type
Lease Term
370 17th Street #5500 MERRILL, (303) 446-5500 23,824 SF $23/SF/YR Modified
Gross
General
Office
11/01/2014-
N/A
370 17th Street
#6000
Morrison & Foerster,
(303) 592-1500
10,710 SF $26/SF/YR Full
Service
General
Office
08/01/2013-
07/31/2023
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Documents

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Sales

  • Purchase Date 21 Jan, 2021
  • Purchase Price
  • Arm's Length True
  • Buyer Name

Mortgages

  • Current Lender
  • Loan Amount
  • Loan Origination Date
  • Loan Maturity Date

Market Trends

Average Actual Rents in Corona

Average rents use actual signed leases, aggregated for your specific search area and asset type with Yardi Market Insight. Be confident your price is competitive, with CommercialEdge.

Current Average Rent
Net Rent
$44.3/SF/YR
Recoverables Show detailsHide details
$16.7/SF/YR
CAM
$3.54/SF/YR
Insurance
$0.59/SF/YR
Taxes
$9.52/SF/YR
Utilities
$1.76/SF/YR
Management Fees
$1.3/SF/YR
Total Rent
$61/SF/YR
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Occupancy & Leasing Activity
Occupancy
83.5%
Lease Spread
-20.5%
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Asking Rents in Corona Office Market

Office rental rates are based on aggregated data of asking rates.

  • 2020 Avg. Asking Rent $27.32
  • 2020 Office Vacancy Rate 8.23%
  • 2020 Office Completions (SF) 146,785
View more Corona market trends

Tax

  • Property Tax in 2021-2022 $232,476
  • Market Value* $20,807,020
  • Assessed Value $20,807,020

Find more tax info, including assessment history and abatements, on CommercialEdge

*The displayed market value represents the assessed value determined by the appropriate local tax/financial authority. It is not the property’s latest sale price or a current market value based on recent area sales.

Frequently Asked Questions

What is the total square footage of Magnolia & Trademark Center - 1550 Magnolia Avenue?

Magnolia & Trademark Center - 1550 Magnolia Avenue totals 198,800 square feet.

When was this property built?

Magnolia & Trademark Center - 1550 Magnolia Avenue was built in 2002.

When was Magnolia & Trademark Center - 1550 Magnolia Avenue last sold?

Magnolia & Trademark Center - 1550 Magnolia Avenue was last sold on 21 Jan, 2021.

What is the property tax for Magnolia & Trademark Center - 1550 Magnolia Avenue?

The property tax for Magnolia & Trademark Center - 1550 Magnolia Avenue in 2021-2022 was $232,476.

What is the market value for Magnolia & Trademark Center - 1550 Magnolia Avenue?

The market value* for Magnolia & Trademark Center - 1550 Magnolia Avenue in 2021-2022 was $20,807,020.
*This represents the market value determined by the appropriate local tax/financial authority, and not the latest sale price or current market value based on recent sales.

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