Retail Storefront
10340-10368 Central Ave, Montclair, CA 91763
For Sale
$2,100,000
For-sale storefront retail building totaling 13,730 sq ft, offering flexible space for retail-focused operators.
Property Size4,785 SF
Price / SF$438.87
Days on Market146
Property Features for 10340-10368 Central Ave
General Information
Standard status
Size
Property subtype
Amenities
Prime Visibility & Frontage – Located on Central Avenue With Traffic Counts of Roughly 38,000 Cars Per Day, Delivering High Street Exposure and Strong Consumer Flow.
Value-Add Ground Lease Potential – Investor Can Unlock Substantial Upside by Repositioning the Center, Redeveloping the Building, or Securing a Ground Lease on the Pad to Capture Future Rental Growth.
Recent Capital Improvements – Roof, HVAC Systems, and Parking Lot Have All Been Recently Upgraded, Representing Significant Landlord Investment and Reducing Near-Term Maintenance Risk.
Inflation-Resistant Lease Structure – Current Leases Feature Annual Rent Escalations, Providing Strong Protection in an Inflationary Environment.
Diversified Tenant Mix & Long-Term Occupancy – Multi-Tenant Configuration With Service and Retail Uses Resilient in Downturns; Many Tenants Have Long Tenure.
Dense Trade Area with Strong Vehicle Exposure – Montclair's Five-Mile Radius Includes Approximately 487,000 Residents and 150,622 Households, With a Population Density of Over 22,000 People Per Square Mile.
Excellent Accessibility & Signage – Positioned Along a Major Thoroughfare With Signalized Frontage, Easy Freeway Access, and Highly Visible Signage For Tenants and Customers
Regional Connectivity & Consumer Flow – Proximity to Interstate 10 and Key Employment Hubs Across the Inland Empire Supports Consistent Daytime and Commuter Traffic. | Long-Term Growth Tailwinds in the Inland Empire – The Wider Trade Area Benefits From Regional Population Growth, New Housing Development, and Increased Consumer Demand For Convenience Retail and Services.
Building Details
Building Size
Year Built
Listing Agency:
Marcus & Millichap - Los Angeles
Listed By:
Orbell Ovaness · License #License(s): CA: 01402142
(213) 943-1822
Source:
Marcusmillichap
Added: Jun 17
Changed: Nov 4
Last Checked: Nov 8 at 2:12AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Marcus & Millichap - Los Angeles
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This for-sale retail storefront building totals 13,730 sq ft, presented as a consolidated asset with multiple street-level units spanning 10340 through 10368 Central Ave. The property is marketed as retail space and is well suited for tenants or owners looking for a storefront format that can support retail merchandising and customer-facing operations.
The address for the property is 10340-10368 Central Ave, Montclair, CA 91763. The listing is structured around the storefront addresses, which may be attractive to buyers evaluating a multi-unit retail configuration rather than a single isolated space.
From an operator standpoint, storefront-focused footprints can align with a range of retail uses that benefit from direct customer access and visibility at street level. For buyers, the offering provides an opportunity to acquire a retail asset of meaningful size within a storefront property format. Additional details on unit mix, interior condition, and current occupancy were not provided in the available information, so interested parties should request a full package to confirm specifics before moving forward.
The address for the property is 10340-10368 Central Ave, Montclair, CA 91763. The listing is structured around the storefront addresses, which may be attractive to buyers evaluating a multi-unit retail configuration rather than a single isolated space.
From an operator standpoint, storefront-focused footprints can align with a range of retail uses that benefit from direct customer access and visibility at street level. For buyers, the offering provides an opportunity to acquire a retail asset of meaningful size within a storefront property format. Additional details on unit mix, interior condition, and current occupancy were not provided in the available information, so interested parties should request a full package to confirm specifics before moving forward.
Key Highlights
- For‑sale storefront retail building totaling 13,730 sq ft
- Retail‑focused flexible space layout for storefront operators
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$68,587
Cap Rate
3.27%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,371,740
$1.4M
Cap Rate 7%
$979,814
$979.8K
Cap Rate 9%
$762,078
$762.1K
Market Conditions
NOI Build-Up for 4,785 SF
Gross rent
$103.4K $21.60/SF
− Vacancy
−$5.4K −$1.12/SF
EGI
$98.0K $20.48/SF
− OpEx
−$29.4K −$6.14/SF
NOI
$68.6K $14.33/SF
Area
San Bernardino County, CA
Vacancy
5.20%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,371,740
Cap Rate 7%
$979,814
Cap Rate 9%
$762,078
Alternative Uses
Best Use
Retail
$979.8K
$857.3K – $1.14M
NOI $68,587 @ 7.0% cap · market cap 3.27%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.01M
$883.2K – $1.18M
NOI $70,653 @ 7.0% cap · market cap 3.36%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
930
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 91763, CA
37,631
Population
10,557
Households
3.6
Avg Household Size
34
Median Age
18%
College-Educated
74%
High-School Grad
5.3 sq mi
ZIP Area
7,100
Density / Sq Mi
$77,627
Median Household Income
$37,787
Median Earnings
$1,767
Median Rent
$550,000
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Average Price Trend$/SF for Storefront properties in San Bernardino County, CA
Properties on Market for Storefront properties in San Bernardino County
Vacancy Rate% for Retail in West region
Similar Off Market Nearby
- Purple Lily by Karen — 10260 Central Ave, Montclair, CA 91763
- Elden Giron Flowering — 10073 Greenwood Ave, Montclair, CA 91763
Frequently Asked Questions
What type of property is this?
Storefront property - For-sale storefront retail building totaling 13,730 sq ft, offering flexible space for retail-focused operators.
Where is this storefront property located?
The property is located at 10340-10368 Central Ave Montclair, CA.
What is the asking price?
The asking price for this property is $2,100,000.
What are key features of this property?
This property features: For‑sale storefront retail building totaling 13,730 sq ft; Retail‑focused flexible space layout for storefront operators
