Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    11520-11940 Armstong Rd Fontana, CA

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    2.3 Million SF campus ideal for distribution center.

    Type:INDUSTRIAL
    Property size:
    2,320,628 SF
    Lot size:
    97.91 Acres
    Added:
    Jun 20, 2023
    Days on Market:
    1040
    Last Refresh:
    Apr 5 at 8:16 pm

    Property Features for 11520-11940 Armstong Rd

    General Information

    Standard status
    Active
    Size
    2,320,628 SF
    Lot size
    97.91 Acres
    Property subtype
    INDUSTRIAL

    Spaces For Lease

    at 11520-11940 Armstong Rd Contact us

    We can help!

    Listing Contact
    Eloy Covarrubias

    Listing agent Eloy Covarrubias

    Listing office CBRE

    Listing date Jun 20, 2023

    Source Moodyscre

    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 CBRE

    Overview

    West Valley Logistics Center Campus

    The West Valley Logistics Center offers a 2.3 million square foot campus suitable for a campus-style distribution center. The property provides ample parking, accommodating high employee e-commerce uses.
    Location Intelligence

    Current Use by Public Records

    Distribution centers

    Map

    City
    Fontana
    County
    San Bernardino
    State
    California
    Longitude
    -117.44
    Latitude
    34.06

    Nearby Similar for Lease

    • $3,500/Mo

      Fontana Commercial Building For Lease

      High-visibility commercial building on Foothill Blvd in Fontana, CA.
      16756 Foothill Boulevard, Fontana, CA 92335
      View Details
    • $3,000/Mo

      Fontana Commercial Lease with Residence

      Commercial lease in Fontana with parking and residential space.
      15939 Tyrol, Fontana, CA 92337
      View Details
    • Contact for pricing

      Fontana Industrial Warehouse For Lease

      Move-in ready industrial warehouse in Fontana Crossings Business Park.
      10557 Juniper, Fontana, CA 92337
      View Details
    • $1.35 SF/Yr

      Fontana Industrial Space with Office

      Industrial space featuring an upstairs office and convenient freeway access.
      14189 Foothill Blvd Ste 103, Fontana, CA 92335
      View Details
    • $1.95 SF/Yr

      Industrial Condo with Office Space

      2,222 SF industrial condo with office space for rent.
      14189 Foothill Blvd, Fontana, CA 92335
      View Details
    • $1.30 SF/Yr

      Industrial Warehouse with Large Yard

      Industrial warehouse featuring a large yard and ample power.
      8242 Goldmine Ave, Fontana, CA 92335
      View Details
    • $1.00 SF/Yr

      New Two-Story Office Space

      Brand new 5,000 SF two-story office space for lease.
      16726 Slover Ave, Fontana, CA
      View Details
    • $39,528 SF/Yr

      Fontana Retail Space Available

      Retail space for rent in Fontana, California.
      15419 Valley, Fontana, CA 92335
      View Details
    • $0.25 SF/Yr

      Fontana Industrial Building For Lease

      Single-story industrial building in Fontana available for lease.
      14580 Slover Ave, Fontana, CA 92337
      View Details
    • Contact for pricing

      Fontana Warehouse with Immediate Freeway Access

      317,332 SF warehouse with immediate I-10 access for lease.
      17300 Slover Ave, Fontana, CA 92337
      View Details
    • Contact for pricing

      Retail Space in Fontana Center

      Retail spaces available in Fontana, anchored by ALDI & Dollar Tree.
      10044 & 10004-10008 Sierra Avenue, Fontana, CA 92335
      View Details
    • $1.00 SF/Yr

      New Freestanding Fontana Warehouse Space

      44,335 SF freestanding building in prime Fontana location.
      13135 Marlay Ave., Fontana, CA, 92337
      View Details

    FAQs

    What type of property is this?
    Distribution center - 2.3 Million SF campus ideal for distribution center.
    Where is this distribution center located?
    The property is located at 11520-11940 Armstong Rd Fontana, CA.
    What are key features of this property?
    This property features: 2.3 million sf campus; Ideal site for a campus style distribution center; Ample parking available
    (909) 418-2284 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Eloy Covarrubias
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!