2900 Palisades Dr

2900 Palisades Dr, Corona is a high-image 2001 constructed, M-4 zoned, concrete tilt-up industrial manufacturing facility situated in the Corona Palisades Business Center. The property offers a passive income opportunity through a single-tenant net lease with a Corona headquartered technology company. The property benefits from significant upgrades, including a new roof, with a nine year warranty and enhanced heavy power capacity. Location Information The Corona Palisades Business Center is a thriving industrial hub offering excellent accessibility to major highways and transportation networks. The site benefits from proximity to the 91 Freeway, a vital transportation artery connecting Corona to other key areas in Southern California. Additionally, Interstate 15 and State Route 71 are easily accessible. This convenient access to major highways enable efficient supply chain management. As part of the Inland Empire region, Corona benefits from its strategic location, providing a gateway between the Inland Empire and the greater Orange County and Los Angeles areas.2900 Palisades Dr, Corona, is a high-image, industrial manufacturing facility located in the Corona Palisades Business Center. The building functions as a critical metal fabrication facility for ESL Power Systems, a Corona-based technology company utilizing state-of-the-art processes within advanced dust and debris containment systems. Notable upgrades include a new roof installed in 2022 and enhanced power capacity. At 27% building coverage, potential expansion opportunities subject to city standards may contribute to the property's longevity. The property is offered as a leased investment, providing a stable income stream for investors and a strong hedge against inflation. The tenant ESL Power Systems, Inc has exercised an early 5-year renewal option demonstrating their commitment to the location. The current lease agreement spans 5+ years and operates under a triple net (NNN) structure. In February 2025, the lease rate increases to $1.50 per square foot with 4% annual rent escalations thereafter. ESL Power Systems, Inc is leading electrical manufacturer of safety-interlocked, cord-connected solutions since 1995. ESL applies its technical expertise and innovative designs to facilitate the ever expanding needs of the power distribution industry. ESL specializes in developing safety-interlocked solutions that provide safety, reliability, ease of use, and create greater efficiency in operation. Headquartered in Corona, California, ESL serves commercial and industrial markets across the globe.