Norco CA Commercial for Sale

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Type:
Retail
Sq.Ft.:
2,446
Status:
Active
Beds:
n/a
Lot size:
0.49 Acres
Year built:
2024
Baths:
MLS#:
SB24157613

ADDITIONAL INFORMATION

We are pleased to present this sale-leaseback opportunity to purchase a brand new Freddy’s Frozen Custard & Steakburgers on a 20-year, absolute NNN lease with 10% rental increases throughout the primary term and options. The franchisee, Salim Development Group, LLC (SDG), will personally guaranty (high net worth) and is a multi-concept operator with over 22 businesses (3 Freddy's, 17 Wienerschnitzels, and multiple car washes). Freddy’s has a development agreement with SDG to build 12 total stores over the next 7 years, which an aggressive yet calculated growth plan (contact Broker for article link). Freddy’s currently has 512 locations which has grown from 400 just a few years ago. The site had it's grand opening on July 30, 2024, and is projected to do over $3M in annual sales (their Fontana location is on pace to do ~$2.9M in sales and Norco is projected to do more). SDG carefully hand picks all their locations, and self develops the majority. This care has led to SGD being one of the most profitable franchisees in each respective concept. This triple net lease includes an effective inflation hedge with 10% rental increases every 5 years including throughout the six 5-year options. Exceptionally located at the busy Hamner Avenue (37,000+ VPD), this location is projected to have exceptional sales volumes and be highly profitable, securing the investor sentiment that the rent will always be paid in full and on time.

Type:
Retail
Sq.Ft.:
1,424
Status:
Active
Beds:
n/a
Lot size:
0.82 Acres
Baths:
MLS#:
PW24126041

ADDITIONAL INFORMATION

Owner/User or redevelopment opportunity located off of a main thoroughfare travelling through the city of Norco. The property consists of approximately 1,424 SF of building space (currently occupied by a Thrift Store and a dog rescue) on a wide (2 curb cuts) and deep 35,719 SF flat and useable lot. Tenants are on month to month leases, so the property can be delivered vacant. The C4 zoning allows for a multitude of uses along 6th Street.

Type:
Other
Sq.Ft.:
925
Status:
Active
Beds:
n/a
Lot size:
0.82 Acres
Year built:
1978
Baths:
MLS#:
WS24030980

ADDITIONAL INFORMATION

Property located at major street in City of Norco. 2 story freestanding commercial building with huge lot. mixed with office and retail. Available: unit#2B 925/SF . Lease Type: Gross . Unit# 2B is 2nd floor unit.

Type:
Office
Sq.Ft.:
5,000
Status:
Active
Beds:
n/a
Lot size:
0.37 Acres
Year built:
1979
Baths:
MLS#:
IG23228893

ADDITIONAL INFORMATION

Two story commercial building that can be separated into two units. One upstairs and 1 downstairs. There are two separate electric meters one for upstairs and one for downstairs. Downstairs features large counter with granite counter tops and vaulted ceilings with a skylight. Large room great for meetings plus a storage room with tile floors. Two bathrooms downstairs, and two bathrooms upstairs. Tile flooring in entryway and all bathrooms. Most desk in office have electrical outlets in the ground downstairs. Upstairs features 4 private offices and 1 large office that has a spacious balcony. Large windows throughout the first and second floors. Kitchen upstairs with a sink. Great location close to the 15 freeway. Large sign out front. Also, electric sign capability on exterior of building. Parking space in front and back of building as well.

Type:
Other
Sq.Ft.:
999
Status:
Active
Beds:
n/a
Lot size:
1.06 Acres
Baths:
MLS#:
SW23215251

ADDITIONAL INFORMATION

SOUTHWEST CORNER OF 6TH ST AND CORONA AVE. IN NORCO. Flat Corner Commercial C-4 lot with frontage on 6th St and Corona Ave totalling 1.06 acres. Many permitted uses including convenience store/retail, food, animal services/boarding, medical, professional, entertainment, recreational, personal services, and more. 2 blocks from the 15 freeway, surrounded by shops, yards, stores and restaurants on Main-Street, Horsetown USA. 1 mile from Ingalls Park Event Center (Norco Rodeo/Fair Grounds). POSSIBLE SELLER FINANCING AVAILABLE.

Type:
Retail
Sq.Ft.:
900
Status:
Active
Beds:
n/a
Lot size:
0.41 Acres
Baths:
MLS#:
IG23054988

ADDITIONAL INFORMATION

This is a great business opportunity. Located in a highly desirable Location on 6th Street in the City of Norco. .82 Acre, C4 Zone. Highly traveled Street, within one(1) mile of the Interstate 15 Freeway. Business consist of Manufacture livestock corral panels for horse stalls, livestock pens, round pens, and arenas and dog kennels, solid steel modular walls and tongue and groove modular walls. Also manufacture ranch equipment such as saddle racks, hitching posts, cross-tie posts, patience poles clamp-on corral covers and 3-sided shelters at warehouse in Riverside. Sell manufactured merchandise at Sales lot in Norco along with additional items purchased from local vendors such as feeders, stall mats, panel clamps, components for shelter and cover and much more.

Type:
Business Opportunities
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Baths:
MLS#:
OC22238782

ADDITIONAL INFORMATION

SMOG TESTING STATION located in CORONA and EASTVALE area close to the 15 freeway. Right behind BRAKE MASTERS. You just take over the on going business with several regular clients. Lots of drive in customers on a daily basis. 4 oversized bays with roll up doors. Restroom next to the front reception area.

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Barbara Lynn Simmons, CALBRE 637579, Xome Inc., CALBRE 1932600, [email protected], 844-400-XOME (9663), 2945 Townsgate Road, Suite 200, Westlake Village, CA 91361

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Norco Real Estate

The median home value in Norco, CA is $915,000. This is higher than the county median home value of $386,200. The national median home value is $219,700. The average price of homes sold in Norco, CA is $915,000. Approximately 78.22% of Norco homes are owned, compared to 18.01% rented, while 3.77% are vacant. Norco real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Norco real estate agent to arrange a tour today!

Norco, California has a population of 26,711. Norco is more family-centric than the surrounding county with 37.42% of the households containing married families with children. The county average for households married with children is 36.51%.

The median household income in Norco, California is $91,915. The median household income for the surrounding county is $60,807 compared to the national median of $57,652. The median age of people living in Norco is 39.6 years.

Norco Weather

The average high temperature in July is 92.1 degrees, with an average low temperature in January of 39.2 degrees. The average rainfall is approximately 14.1 inches per year, with 0 inches of snow per year.

Norco Real Estate Market Conditions

  • Median sales price

    $915,000
    8.62% change since last quarter
  • # Active listings

    63
    30-day change

Norco Schools and Demographics

Education near Norco, CA

Metric City County
High School Graduates 83.61 81.09
College Degree - 2 year 8.55 7.96
College Degree - 4 year 17.56 21.52
Graduate Degree 4.97 5.55
Expenditures per Student 8,565 10,140
Students per Teacher 26.7 25.9

Elementary Schools near Norco, CA

School Grades Students P/T Ratio ZIP
Clara Barton Elementary School KG - 06 1,801 29.5 92880
Collett Elementary School KG - 05 637 23.6 92505
Corona Ranch Elementary School KG - 06 1,105 29.1 92879
Eastvale Elementary School KG - 06 1,396 28.5 92880
Garretson Elementary School KG - 06 1,062 25.3 92879
George Washington Elementary School KG - 06 871 24.2 92860
Harada Elementary School KG - 06 1,365 27.3 92880
Highland Elementary School KG - 06 653 27.2 92860
Home Gardens Academy KG - 08 905 27.4 92879
La Granada Elementary School KG - 05 687 25.4 92505
Louis Vandermolen Fundamental Elementary School KG - 06 1,080 26.3 91752
Myra Linn Elementary School KG - 05 627 23.2 92505
Norco Elementary School KG - 06 629 25.2 92860
Parkridge Elementary School KG - 06 816 26.3 92879
Phillip M. Stokoe Elementary KG - 05 774 25.4 92505
Riverview Elementary School KG - 06 319 26.6 92860
Rosa Parks Elementary School KG - 06 1,677 29.4 92880
Rosemary Kennedy Elementary School KG - 05 550 26.2 92505
S. Christa McAuliffe Elementary KG - 05 753 26.9 92505
Sierra Vista Elementary School KG - 06 459 22.9 92860
Sky Country Elementary School KG - 06 658 27.4 91752
Troth Street Elementary School KG - 06 818 26.4 91752
Twinhill Elementary School KG - 05 570 27.1 92505
Valley View Elementary School KG - 05 394 26.3 92505
William McKinley Elementary School KG - 06 761 26.2 92879

Middle Schools near Norco, CA

School Grades Students P/T Ratio ZIP
Auburndale Intermediate School 07 - 08 507 20.7 92880
Dr. Augustine Ramirez Intermediate 07 - 08 1,117 29 92880
Loma Vista Middle School 06 - 08 1,070 24.6 92505
Norco Intermediate School 07 - 08 751 24.2 92860
River Heights Intermediate School 07 - 08 1,052 28 92880

High Schools near Norco, CA

School Grades Students P/T Ratio ZIP
Eleanor Roosevelt High School 09 - 12 3,868 28.8 92880
Jurupa Valley High School 09 - 12 1,608 24.6 91752
La Sierra High School 09 - 12 2,137 23.5 92505
Norco High School 09 - 12 2,244 27 92860
Rivercrest Preparatory 09 - 12 69 23 91752

Ungraded Schools near Norco, CA

School Grades Students P/T Ratio ZIP
* Alvord Alternative Continuation High 10 - 12 118 19.7 92505
* John F. Kennedy High 10 - 12 646 29 92860
* Lee V. Pollard High 09 - 12 750 25.9 92879
* Norco Vista High 11 - 12 0 92860
Corona-Norco Alternative School KG - 12 106 23.9 92879
Ronald Reagan Elementary UG - UG 0 92880
Victress Bower School for Exceptional Students 04 - 12 51 5.6 92860

Demographics near Norco, CA

Metric City County
Neighborhood Type City Neighborhood
Population 26,711 2,355,002
Population Density 1,941 327
Median Age 39.6 35
People per Household 3.4 3.3
Median Household Income 91,915 60,807
Average Income per Capita 31,271 25,700