Parkview Business Center

Off-Market

1501 Railroad Street, Corona, CA 92880

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  • Property Type Office - Flex - Office
  • Property Size 43,012 SF
  • Lot Size 1.1 Acre
  • Property Tenancy Single Tenant
  • Building Class B
  • Year Built 1990

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 03 Apr, 2017
  • Purchase Price
  • Arm's Length True
  • Buyer Name

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.

  • 2021 Avg. Asking Rent $27.97
  • 2021 Office Vacancy Rate 14.24%
  • 2021 Office Completions (SF)
View more Corona market trends

Location

Getting Around

  • Walk Score ®

    30/100 Car-Dependent
  • Bike Score ®

    47/100 Somewhat Bikeable
Powered by Walk Score ®
  • City Corona, CA
  • Zip Code 92880
  • Market Inland Empire

Points of Interest

  • Corona–West

    1.25 miles

  • Corona–North Main

    1.82 miles

  • Riverside–La Sierra

    7.05 miles

  • Pedley

    8.99 miles

  • Speedway

    0.82 miles

  • Arco

    0.96 miles

  • Shell

    0.99 miles

  • Arco

    1.47 miles

  • Corona Gas

    1.52 miles

  • Shell

    1.72 miles

  • Mobil

    1.78 miles

  • Chevron

    1.82 miles

  • Norco Shell

    2.15 miles

  • RS Service Gasoline

    2.30 miles

  • Iglesia La Senda Park And Ride

    1.47 miles

  • Norco Village

    1.58 miles

  • North Main Corona Metrolink Station Parking Structure

    1.77 miles

  • Corona Park And Ride

    1.78 miles

  • Bus Transit Park & Ride

    1.83 miles

  • Disabled Only

    2.11 miles

  • Lot "C"

    2.11 miles

  • Lot "D"

    2.14 miles

  • Staff Only

    2.15 miles

  • Staff Only

    2.18 miles

  • Rodeway Inn & Suites

    0.94 miles

  • National Inn

    1.04 miles

  • Ayres Lodge & Suites Corona West

    1.10 miles

  • America's Best Value Inn

    1.84 miles

  • The Norconian (historical)

    2.91 miles

  • Knights Inn

    3.17 miles

  • WoodSpring Suites

    3.29 miles

  • Fairfield Inn & Suites by Marriott Riverside Corona/Norco

    3.45 miles

  • Ayres Hotel Corona East

    4.27 miles

  • SpringHill Suites

    4.34 miles

  • Corona Airport Cafe

    0.39 miles

  • Denny's

    0.96 miles

  • McDonald's

    0.99 miles

  • Carl's Jr.

    1.00 miles

  • KFC

    1.06 miles

  • Alberto's Mexican Food

    1.08 miles

  • Miguel's California Mexican Cocina & Cantina

    1.14 miles

  • Burger Basket

    1.19 miles

  • Miguel's

    1.19 miles

  • IHOP

    1.30 miles

  • Montessori Academy of Corona

    0.97 miles

  • HIS University

    0.99 miles

  • Buena Vista High School

    1.22 miles

  • Auburndale Intermediate School

    1.25 miles

  • George Washington Elementary School

    1.34 miles

  • Fairview School of Fine Arts

    1.34 miles

  • Coronita Elementary School

    1.36 miles

  • Victress Bower School for Exceptional Students

    1.39 miles

  • Corona High School

    1.42 miles

  • Childrens World Learning Center

    1.49 miles

  • QCS Corona del Rey Child Development Center

    0.96 miles

  • Stonebridge Christian Academy

    1.98 miles

  • Little Steps Montessori Preschool

    6.42 miles

  • KinderCare

    7.81 miles

  • Live Oak State Preschool

    8.90 miles

  • Heavenly Care Daycare Center

    9.13 miles

  • Kids Unlimited Children's Center

    9.63 miles

Frequently Asked Questions

What is the total square footage of Parkview Business Center?

Parkview Business Center totals 43,012 square feet.

When was this property built?

Parkview Business Center was built in 1990.

When was Parkview Business Center last sold?

Parkview Business Center was last sold on 03 Apr, 2017.

What is the property tax for Parkview Business Center?

The property tax for Parkview Business Center in 2022-2023 was $40,330.

What is the market value for Parkview Business Center?

The market value* for Parkview Business Center in 2022-2023 was $3,609,029.
*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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