Corona, CA – July, 14 2026 – Progressive Real Estate Partners, a leading Inland Empire, California retail brokerage firm, announced the $2,995,000 sale of a free-standing, single tenant 2,258-square-foot restaurant building leased to El Pollo Loco. Located at 610 North Main Street in Corona, California, the building was sold to a private investor.
Built in 1986 and renovated in 2025, El Pollo Loco was a staple in the community, operating at this location for the past 40 years. Additionally, the restaurant was on an absolute NNN ground lease, which required almost zero landlord’s responsibility.
Progressive Real Estate Partners Vice President of Investment Sales Lance Mordachini represented the seller, a private investor. Paul Su, Progressive Real Estate Partners Senior Vice President of Retail Leasing and Sales, represented the buyer.
“Despite ongoing volatility in the capital markets, investors continue to aggressively pursue high-quality net lease opportunities in premier Southern California trade areas,” said Mordachini. “The competitive response to this offering reflects the market’s continued preference for assets that combine strong tenant credit, durable cash flow, and irreplaceable underlying real estate.”
Su added, “The buyer was attracted to this property because of its long-term stability of the investment with its location and fundamentals.”
About Progressive Real Estate Partners
Progressive Real Estate Partners (PREP) is a boutique commercial brokerage firm headquartered in Rancho Cucamonga, California. Founded in 2008, the firm specializes in the leasing and sale of retail properties in Southern California’s Inland Empire, San Gabriel Valley and Coachella Valley. The firm is also the exclusive Inland Empire representative of the Retail Brokers Network (RBN). Since the firm’s inception Progressive has completed over 2,000 lease and sales transactions valued at more than $2.0B in over 50 cities throughout the region. Progressive Real Estate Partners uses the latest marketing and brokerage techniques to help retailers and property owners achieve their real estate goals.