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In an industrial sales comp from Corona, a 10.6k sf building sold for $3.93 mil, or $370/sf. The building sits on 0.68 acres at 1215 Graphite Dr, just west of I-15.
The freestanding facility features 3.4k sf of office space, 18-foot clear height, one dock-high door, two ground-level doors, 400 amps of power, fire sprinklers, and a secured yard, making it well-suited for a variety of industrial users.
Justin Null of Lee & Associates Riverside represented the seller, Sanre Corporation. David
Williams of Lee & Associates Orange repped Graphite Dr LLC, the buyer in the transaction.
The strong fundamentals of this asset, combined with its strategic Corona location, made it an attractive opportunity for ownership, said David Williams. We continue to see solid demand for well-located industrial properties in the Inland Empire.
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