Retail Property in High-Traffic
For Sale
Contact for pricing
1055 N Mountain Ave, Ontario, CA 91762
Retail space for sale in a commercially developed area.
Property Size6,370 SF
Price / SF$376.77
Days on Market432
Property Features for 1055 N Mountain Ave
General Information
Standard status
Active
Size
6,370 SF
Total Parking Spaces
30
Property subtype
Retail
Occupancy
100%
Lease Type
NNN
Net Operating Income
$140,950
Building Details
Tenancy
Single
Listing Agency:
May Realty Advisors
Listed By:
Matthew May · License #CA 00912472
Source:
Crexi
Added: Jun 26, 2025
Changed: Aug 8
Last Checked: Aug 29 at 2:04PM
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 May Realty Advisors
Investment Insights
Based on property information with market context.
This 6,370-square-foot retail property is located in an area with dense residential and commercial development. The location benefits from its proximity to a Walmart, an Edwards 16-Plex movie theater, and several quick-service restaurants, all within a 5-minute radius. Across the street is a 149,000-SF center anchored by Chase Bank, El Super Market, AutoZone, Rite Aid, Phoenix Salon and Bank of America.
Key Highlights
- Proximity to Walmart (within 5 minutes).
- Close to a 16‑Plex movie theater (within 5 minutes).
- Abundance of quick‑service restaurants nearby (within 5 minutes).
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$107,636
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.48%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$2,152,720
$2.2M
Cap Rate 7%
$1,537,657
$1.5M
Cap Rate 9%
$1,195,956
$1.2M
Market Conditions
NOI Build-Up for 6,370 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$160.5K $25.20/SF
− Vacancy
−$6.8K −$1.06/SF
EGI
$153.8K $24.14/SF
− OpEx
−$46.1K −$7.24/SF
NOI
$107.6K $16.90/SF
Area
Ontario, CA
Vacancy
4.21%
Lease Rate
$25.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$2,152,720
Cap Rate 7%
$1,537,657
Cap Rate 9%
$1,195,956
Alternative Uses
Best Use
Retail
$1.54M
$1.35M – $1.79M
NOI $107,636 @ 7.0% cap · market cap 4.48%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$1.65M
$1.44M – $1.92M
NOI $115,324 @ 7.0% cap · market cap 4.81%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
654
Businesses Nearby
Explore this area
Business Placement
Demographics for 91762, CA
62,524
Population
20,163
Households
3.1
Avg Household Size
34
Median Age
21%
College-Educated
77%
High-School Grad
14.3 sq mi
ZIP Area
4,372
Density / Sq Mi
$76,289
Median Household Income
$40,085
Median Earnings
$1,752
Median Rent
$568,700
Median Home Value
Market
Vacancy Rate% for Retail in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - Retail space for sale in a commercially developed area.
Where is this retail space located?
The property is located at 1055 N Mountain Ave Ontario, CA.
What is the asking price?
The asking price for this property is $2,400,000.
What are key features of this property?
This property features: Proximity to Walmart (within 5 minutes).; Close to a 16‑Plex movie theater (within 5 minutes).; Abundance of quick‑service restaurants nearby (within 5 minutes).
