Rancho Cucamonga, CA – August 3, 2022 – Progressive Real Estate Partners brokers’ Greg Bedell, Senior VP and Roxy Klein, VP of Retail Leasing & Sales represented an Orange County based investor in the $2,850,000 sale of an +/-8,700 square-foot freestanding building located at 4180 Green River Road in Corona, CA. An Inland Empire based investor purchased the property and plans to open and operate a Montessori School at the location. The building was previously home to an adult day care center and prior to that a Kindercare Learning Center and features a spacious floor plan with multiple classrooms and offices.
The property is directly adjacent to the 120,000 square-foot Green River Promenade mixed use center at the juncture of Orange, Riverside and San Bernardino Counties and conveniently located a mile from the 91 Freeway at Green River Road exit providing customers and employees quick and easy access to the property. Furthermore, the property is located in a highly affluent trade area with almost 645,000 people and average annual household incomes exceeding $132,000 within a 20-minute drive.
This is the 3rd owner/user sale that Progressive has completed in the last 60 days demonstrating the continuing demand for this type of investment and the benefits of purchasing versus leasing. To learn more about this transaction and other investment and leasing opportunities in SoCal’s Inland Empire contact Greg Bedell at 951.479.7994 | email@example.com OR Roxy Klein at 909.576.4259 | firstname.lastname@example.org.
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 market. The office is also the exclusive Inland Empire representative of the Retail Brokers Network (RBN). Since the firm’s inception Progressive has completed over 1,200 lease and sales transactions valued at more than $1.8B in 35+ cities throughout the region. Progressive uses the latest marketing and brokerage techniques to help retailers and property owners achieve their commercial real estate goals.