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Commercial Real Estate in Corona, CA - 121 Properties Available

  • Rincon Business Center - Corona
    510 Malloy Court, Corona, CA 92881
    For Lease $12.6/Sqft/Yearly
    Property
    • Industrial
    Availability
    • 1 Space
    • 8,320 Sqft
  • Corona Corporate Center III - Corona
    355 East Rincon Street, Corona, CA 92879
    For Lease $27/Sqft/Yearly
    Property
    • Office
    Availability
    • 4 Spaces
    • 8,898 Sqft
  • Prologis Corona Distribution Center - Corona
    451 North Cota Street, Corona, CA 92880
    Contact for pricing
    Property
    • Industrial
    Availability
    • 1 Space
    • 80,060 Sqft
  • 1181 California Avenue - Corona
    1181 California Avenue, Corona, CA 92881
    For Lease $22.8 - $25.2/Sqft/Yearly
    Property
    • Office
    Availability
    • 4 Spaces
    • 15,304 Sqft
  • McKinley Executive Plaza - Corona
    2275 Sampson Avenue, Corona, CA 92879
    For Lease $21/Sqft/Yearly
    Property
    • Office
    Availability
    • 1 Space
    • 8,103 Sqft
  • Magnolia Medical Center - Corona
    800 Magnolia Avenue, Corona, CA 92879
    For Lease $23.4/Sqft/Yearly
    Property
    • Office
    Availability
    • 3 Spaces
    • 3,243 Sqft
  • Magnolia Point - Building B - Corona
    1560 East 6th Street, Corona, CA 92879
    For Lease $6.36/Sqft/Yearly
    Property
    • Industrial
    Availability
    • 1 Space
    • 72,915 Sqft
  • Wildrose Business Park - 22420 Temescal Canyon Road - Corona
    22420 Temescal Canyon Road, Temescal Valley, Corona, CA 92883
    Contact for pricing
    Property
    • Industrial
    Availability
    • 1 Space
    • 45,647 Sqft
  • Lakeshore Plaza - Building B - Corona
    4160 Temescal Canyon Road, Corona, CA 92883
    For Lease $31.2/Sqft/Yearly
    Property
    • Office
    Availability
    • 6 Spaces
    • 21,171 Sqft
  • Corona Medical Center - Corona
    1820 Fullerton Avenue, Corona, CA 92881
    For Lease $25.2 - $30/Sqft/Yearly
    Property
    • Office
    Availability
    • 3 Spaces
    • 17,912 Sqft
  • Corona Gateway - Corona
    4740 Green River Road, Corona, CA 92880
    For Lease $24/Sqft/Yearly
    Property
    • Office
    Availability
    • 11 Spaces
    • 16,718 Sqft
  • Westgate Distribution Center - 341 Bonnie Circle - Corona
    341 Bonnie Circle, Corona, CA 92880
    For Lease $7.2/Sqft/Yearly
    Property
    • Industrial
    Availability
    • 1 Space
    • 15,000 Sqft
  • Corona Corporate Center II - Corona
    255 East Rincon Street, Corona, CA 92879
    For Lease $27/Sqft/Yearly
    Property
    • Office
    Availability
    • 4 Spaces
    • 11,237 Sqft
  • Corona Westgate Center - Corona
    2280 Wardlow Circle, Corona, CA 92880
    For Lease $27 - $28.8/Sqft/Yearly
    Property
    • Office
    Availability
    • 3 Spaces
    • 7,057 Sqft
  • Corona Corporate Center - 495 East Rincon Street - Corona
    495 East Rincon Street, Corona, CA 92879
    For Lease $27/Sqft/Yearly
    Property
    • Office
    Availability
    • 2 Spaces
    • 1,883 Sqft
  • Corona Pointe - 1250 Corona Pointe Court - Corona
    1250 Corona Pointe Court, Corona, CA 92879
    For Lease $27/Sqft/Yearly
    Property
    • Office
    Availability
    • 1 Space
    • 1,129 Sqft
  • 400 East Rincon Street - Corona
    400 East Rincon Street, Corona, CA 92879
    For Lease $16.2/Sqft/Yearly
    Property
    • Office
    Availability
    • 1 Space
    • 11,675 Sqft
  • Eagle Glen - Corona
    2225 Eagle Glen Parkway, Corona, CA 92883
    For Lease $36/Sqft/Yearly
    Property
    • Retail
    Availability
    • 1 Space
    • 1,190 Sqft
  • Lakeshore Plaza - Building A - Corona
    4140 Temescal Canyon Road, Corona, CA 92883
    Contact for pricing
    Property
    • Office
    Availability
    • 1 Space
    • 146,785 Sqft
  • 100 Business Center Dr - Corona
    100 Business Center Dr, Corona, CA 92880
    Contact for pricing
    Property
    • Industrial
    Availability
    • 1 Space
    • 1,200 Sqft
  • Village Grove Plaza - Corona
    1234 Border Avenue, Corona, CA 92882
    For Lease $3/Sqft/Yearly
    Property
    • Land
    Availability
    • 1 Space
    • 2,144 Sqft
  • Corona Pointe - 1260 & 1265 Corona Point Court - Corona
    1265 Corona Pointe Court, Corona, CA 92879
    Off-Market
    Property
    • Office
  • 1525-1595 East 6th Street & 560 South Promenade Avenue - Corona
    1595 East 6th Street, Corona, CA 92879
    Off-Market
    Property
    • Industrial
  • Green River Center - Corona
    4225 Prado Road, Corona, CA 92880
    Off-Market
    Property
    • Industrial
  • Airport Business Center - Corona
    501 North Smith Avenue, Corona, CA 92880
    Off-Market
    Property
    • Industrial

Corona, CA Economic Overview

Location Photo

Located in Riverside County, Corona is home to more than 164,000 residents and is the third largest city in the county. Neighboring cities include Norco, Riverside, Chino Hills, and Yorba Linda.

Over the past 10 years, the population of Corona has increased by nearly 8% as more residents and businesses find Corona to be an affordable place to relocate and a more cost-effective market in which to do business. Corona businesses benefit from the area's efficient infrastructure system, skilled workforce, and the rich local economic development.

With a median household income of over $74,000 and an unemployment rate of just 5.2%, the economy in Corona continues to grow year after year. Last year, the median household income in Corona remained steady, while the employment base increased by 3.5% with nearly 74,000 people employed in the city.

Corona, CA Commercial Real Estate Market

The increasing development of commercial real estate in Corona is largely due to the city’s location at the junction of State Route 91 and Interstate 15, which provides convenient transportation corridors for goods and services throughout the region. Businesses are relocating and expanding in Corona from the higher priced areas of Orange County, Los Angeles, and the larger, more expensive cities in the Inland Empire.

Industrial, warehouse, and logistics companies in Corona are attracted to the city by its outstanding transportation options. There are FedEx and UPS hubs within 15 miles of Corona, the State Routes and Interstates surrounding the city have only moderate congestion, there are three international airports within 60 miles of the city, and the international shipping Port of Los Angeles and the Port of Long Beach are also within 60 miles of Corona.

While the real estate market in Corona was once dominated by agriculture, including citrus orchards, ranches and dairy farms, over time the business mix in Corona has become much more diverse, with businesses such as Monster Beverage, the high-performance sports car manufacturer Saleen, and the manufacturer of automotive additive products Lucas Oil Products all being headquartered in Corona.

Within this 40-square-mile city, the industrial market in Corona plays an important role in the growth of both the commercial real estate market and the employment base. There is more than 34 million square feet of industrial inventory in Corona and 3 million square feet of Corona office space, while the retail and commercial service segments in the city continue to expand to meet the needs of both businesses and residents.

The demand for industrial property in Corona remains strong, with asking sales prices in the metro area having increased by nearly 16% over the past year. Prices for office buildings in Corona have increased by more than 6% year-over-year, while retail sales prices have remained steady.

Corona, CA Office Sales Volume

Data provided by Yardi Matrix, for properties larger than 50K SF, which sold at over $5M.

Corona, CA Office Transactions

Data provided by Yardi Matrix, for properties larger than 50K SF, which sold at over $5M.

Corona, CA Commercial Inventory Breakdown

Office Spaces

Total: 2,276,680 SF

Data provided by Yardi Matrix, properties over 50k SF, includes office with retail

By square footage range:

  • 50k to 100k SF: 963,979 SF / 42.34% of total office
  • 100k to 500k SF: 1,312,701 SF / 57.66% of total office

By class:

  • Class A: 1,386,837 SF / 60.91% of total office
  • Class B: 889,843 SF / 39.09% of total office

Industrial

Total: 14,052,346 SF

Data provided by Yardi Matrix, properties over 50k SF

By square footage range:

  • 50k to 100k SF: 469,028 SF / 3.34% of total industrial
  • 100k to 500k SF: 12,967,760 SF / 92.28% of total industrial
  • 500k to 1M SF: 615,558 SF / 4.38% of total industrial

By class:

  • Class A: 11,290,987 SF / 80.35% of total industrial
  • Class B: 2,761,359 SF / 19.65% of total industrial

Employment in Corona, CA

Employment

Job growth in Corona has increased by nearly 3.5% this past year, with a current labor force in the city of nearly 74,000 people. Nearly 45% of the workforce is employed in management, administration, sales, and production. Over 24,000 people are employed in the manufacturing & construction industry sectors in Corona alone.

Top employers in Corona include:

  • Corona-Norco Unified School District with over 5,000 employees;
  • Corona Regional Medical Center with over 1,100;
  • Kaiser Permanente with nearly 1,000;
  • All American Asphalt with over 800 workers;
  • the City of Corona with nearly 750;
  • Fender USA and TWR Framing, both with 600 people;
  • Monster Energy Drinks with over 500 employees;
  • Thermal Structures with 500 workers;
  • CoreMark International and Dart Container Corporation, both with over 400 employees in Corona.

Education in Corona, CA

Public schools in Corona are operated by the Corona-Norco Unified School District, with 31 elementary schools, seven middle schools, and eight public high schools in the city. Private schools in Corona include St. Edwards Catholic School and Crossroads Christian School. With a student to teacher ratio of 25:1 and an average SAT score of 1471, the secondary school graduation rate in Corona is 94%.

There are 38 colleges and universities near Corona, within a 40-mile radius, including the #6 nationally ranked engineering university of Cal-Poly Pomona and Cal-State Fullerton, the 5th-largest business school in the U.S. Other higher education institutions near Corona include Anaheim University, Biola University, California State University Long Beach, National University, and Chaffey Community College.

Commuting Time in Corona, CA

The average commuting time in Corona is nearly 34 minutes, which is significantly longer than the national average of 24.8 minutes. In addition, over 5% of the workforce has a super commute of 90 minutes or more each day. More than 13% of the work-week commuters in Corona choose to carpool, while 6% have the option of working from home.

Both residents and business in Corona benefit from the wide variety of transportation options the area has to offer:

  • The SR-71 Chino Valley freeway, the I-15 Ontario freeway, and the SR-91 Riverside freeway all pass through Corona,
  • Bus service in Corona is provided by the Riverside Transit Agency,
  • Metrolink and Amtrak provide commuter rail service in the city,
  • Freight rail service in Corona is provided by the BNSF Railroad,
  • The international shipping ports of Los Angeles and Long Beach are near the city,
  • There are five small commercial airports near Corona including Corona Municipal Airport and Riverside Municipal Airport,
  • Ontario International Airport provides both commercial and cargo services.

Corona Demographics

Population

  • Total Population226,317
  • Male Population(49.6 %) 112,305
  • Female Population(50.4 %) 114,011
  • Median Age35.10

Income/Financial

  • Average Household Income$106,607
  • Median Household Income$94,498
  • Median Income Under 25$29,978
  • Median Income 25-44$100,009
  • Median Income 45-64$103,798
  • Median Income Over 65$50,865

News

Amazon’s search for a new home has stirred up city officials and developers across the country, and 238 applicants across North America have expressed interest in housing the company’s next headquarters. Of course, the retail giant has a few requirements: the chosen metropolitan area should idea...

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