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Retail Property in High-Traffic Area
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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 Market477
Rey
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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: Oct 5 Last Checked: Oct 14 at 8:03PM

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 / Yr
$107,636
Cap Rate
4.48%
Suggested Prices Based on Cap Rates
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
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 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 (±1% cap)
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 (±1% cap)
NOI $115,324 @ 7.0% cap · market cap 4.81%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Amazon Hub Locker ... Postal Service 7-Eleven Grocery & Convenience Store Cardtronics ATM Atm Citibank ATM Atm

Suggested Use

Top Pick Law Firm Dental Office Real Estate Agency Parking Lot & Garage Gym & Fitness Center Accounting Firm

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

654
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025

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).
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