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.
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.