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Corona Retail Center Sells for $4.4M

CORONA, CA-Private investors acquire the property, known as Sierra del Oro Promenade, from Olympic-Barrington Partnership. Encompassing 41,573 sf, the retail asset is currently 87% occupied.

By Erin Cassin | Updated on March 24, 2003

CORONA, CA-Private investors have bagged a Corona retail center, known as Sierra del Oro Promenade, in a deal valued at $4.4 million.

The asset, which dates back to 1993, is located at 4300 Green River Rd. in close proximity to the 91 Freeway. Encompassing 41,573 sf, the facility is currently 87% occupied. Tenants here include Kindercare, Backwoods BBQ and Corona Realty. According to broker Fouy Ly, the property offers “an excellent mix of retail, service and food-related tenants, plus two undeveloped pad sites that could be used for future development.”

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