Fontana Warehouse with Secured
For Sale
Contact for pricing
10660 Mulberry Ave, Fontana, CA
Well-maintained Fontana warehouse with offices, yard, and freeway access.
Property Size48,557 SF
Lot Size2.03 Acres
Price / SF$295.81
Days on Market258
Property Features for 10660 Mulberry Ave
General Information
Standard status
Active
Size
48,557 SF
Lot size
2.03 Acres
Property subtype
INDUSTRIAL
Properties For Sale
at 10660 Mulberry Ave Contact us- Size
- 49,530 SF
- Type
- INDUSTRIAL
- Lease Type
- NNN
- Availability
- AVAILABLE, On Available Date
- Sublease
- No
10660 Mulberry Ave
Free Standing Building
1,844 SF of Office Space, 2,164 SF Mezzanine Office
24' Clear...
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Listing Agency:
Lee & Associates
(909) 373-2900
Listed By:
Michael Chavez · License #01829336
(909) 373-2900
Source:
Moodyscre
Added: Nov 23, 2025
Changed: Aug 8
Last Checked: May 20 at 8:22PM
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 Lee & Associates
Investment Insights
Based on property information with market context.
This warehouse property, available for sublease through February 1, 2026, offers 48,557 square feet of space. The building features a 24-foot clear height, four dock-high loading doors, and two ground-level loading doors. A secured, fenced yard is included. The property also contains well-maintained office space. The existing tenant currently parks approximately 10 containers in the yard. The location provides convenient access to the 10, 15, and 60 Freeways.
Key Highlights
- Minutes to 10, 15, and 60 Freeways
- 4 Dock High and 2 Ground Level Doors
- Secured Fenced Yard
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
$594,224
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
4.14%
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%
$11,884,480
$11.9M
Cap Rate 7%
$8,488,914
$8.5M
Cap Rate 9%
$6,602,489
$6.6M
Market Conditions
NOI Build-Up for 48,557 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
$757.5K $15.60/SF
− Vacancy
−$58.4K −$1.20/SF
EGI
$699.1K $14.40/SF
− OpEx
−$104.9K −$2.16/SF
NOI
$594.2K $12.24/SF
Area
Fontana, CA
Vacancy
7.71%
Lease Rate
$15.60 /SF/Yr
Expense Ratio
15.00%
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%
$11,884,480
Cap Rate 7%
$8,488,914
Cap Rate 9%
$6,602,489
Alternative Uses
Best Use
Warehouse
$8.49M
$7.43M – $9.90M
NOI $594,224 @ 7.0% cap · market cap 4.14%
Second Best
Industrial
$6.99M
$6.12M – $8.16M
NOI $489,361 @ 7.0% cap · market cap 3.41%
Theoretical Best
Office A
$14.13M
$12.36M – $16.48M
NOI $989,048 @ 7.0% cap · market cap 6.89%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
312
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Market
Vacancy Rate% for Industrial in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- McCollisters Transportation Group — 10672 Jasmine St, Fontana, CA 92337
- Sierra Gateway Commerce Center — Slover Ave, Fontana, CA 92337
- A All Storage — 13762 Santa Ana Ave, Fontana, CA 92337
- U-Pack — 10744 Almond Ave, Fontana, CA 92337
Frequently Asked Questions
What type of property is this?
Warehouse - Well-maintained Fontana warehouse with offices, yard, and freeway access.
Where is this warehouse located?
The property is located at 10660 Mulberry Ave Fontana, CA.
What is the asking price?
The asking price for this property is $14,363,700.
What are key features of this property?
This property features: Minutes to 10, 15, and 60 Freeways; 4 Dock High and 2 Ground Level Doors; Secured Fenced Yard
