Sign Up Successful!
You now have access to more from Realmo!
    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

    5400 Shea Center Dr Ontario, CA 91761

    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    748,023 SF industrial building with crossdock loading and offices.

    Property size:
    748,023 SF
    Lot size:
    34.01 Acres

    Property Features for 5400 Shea Center Dr

    General Information

    Size
    748,023 SF
    Lot size
    34.01 Acres

    We can help!

    Listing Contact
    Steven Bellitti
    Source: Moodyscre

    Listing Agent: Steven Bellitti

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Freestanding Industrial Building for Lease

    This freestanding industrial building offers 748,023 square feet of space. The property features crossdock loading and frontage on the 10 Freeway. It includes approximately 10,253 square feet of office space in four locations. The building has a minimum clear height of 30 feet, 119 dock-high doors (51 equipped with pit levelers), and 2 grade-level doors.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Dorel Home Furnishings Distribution Service

    Suggested Use

    Restaurant Hotel & Motel Gym & Fitness Food Market Grocery Store Car Rental Women's Store Computer & Electronic Repair Shopping Mall Coworking Space

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Ontario
    County
    San Bernardino
    State
    California
    Longitude
    -117.5298604
    Latitude
    34.0657022

    Nearby Similar for Lease

    • $4,950 /Mo
      2,000 SF

      Modern Office Space Available

      First-floor office with reception, offices, conference rooms, kitchen, parking.
      3998 Inland Empire St, Ontario, CA 91764
      View Details
    • $5,800 /Mo
      3,308 SF

      Ontario Commercial Space with Warehouse

      Renovated commercial space with offices and warehouse in Ontario.
      1115 S Grove Ave, Ontario, CA 91761
      View Details
    • $7,937 /Mo
      2,995 SF

      Class A Office Space Available

      Premier Ontario Airport submarket location with freeway visibility.
      4200 Concours St, Ontario, CA 91764
      View Details
    • $4,328 /Mo
      1,633 SF

      Class A Office Space Available

      Move-in ready office space with mountain views in Ontario.
      4200 Concours St, Ontario, CA 91764
      View Details
    • Contact for pricing
      13,431 SF

      Downtown Ontario Event Center Venue

      Three-story event venue in Downtown Ontario, ideal for various events.
      110 S Euclid Ave, Ontario, CA 91762
      View Details
    • $435,640
      33,003 SF

      Ontario Commercial Space with Heavy Power

      Industrial, manufacturing, warehouse & office space available for lease.
      4663 E Guasti Rd, Ontario, CA 91761
      View Details
    • $2 SF/Yr
      56,635 SF

      Ontario Office Building For Rent

      Office building in Ontario, California, near amenities and transportation.
      3546 Concours St, Ontario, CA 91764
      View Details
    • Contact for pricing
      398,775 SF

      Freestanding Industrial Building Near Airport

      398,775 SF industrial building with immediate freeway access.
      4060 E Francis St, Ontario, CA 91761
      View Details
    • Contact for pricing
      926,100 SF

      Master Planned Logistics Park

      926,100 SF Warehouse/Office in Ontario
      610 Carnegie Ave, Ontario, CA 91761
      View Details
    • $5,000 /Mo

      Light Industrial Warehouse For Lease

      Light industrial warehouse in prime location, available for immediate lease.
      764 E California St, Ontario, CA 91761
      View Details
    • $1.85 SF/Yr
      4,174 SF

      Spacious Office Suite in Ontario

      4,174 SF office suite with private entrance available for rent.
      1801 E Holt Blvd, Ontario, CA 91761
      View Details
    • Contact for pricing

      Prime Cubiculed Unit Location

      High-visibility commercial center suitable for various business types.
      1128 Mission Blvd W, Ontario, CA 91762
      View Details

    FAQs

    What type of property is this?
    Distribution center - 748,023 SF industrial building with crossdock loading and offices.
    Where is this distribution center located?
    The property is located at 5400 Shea Center Dr Ontario, CA.
    What are key features of this property?
    This property features: - 119 DH Doors (51 w/ Pit Levelers)/2 GL Doors; - Crossdock Loading; - 10 Fwy Frontage provides excellent visibility.
    (909) 612-2617
    Request Owner's contact information
    5400 Shea Center Dr Ontario, CA 91761
    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.
    5400 Shea Center Dr
    Ontario, CA 91761
    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
    5400 Shea Center Dr Ontario, CA 91761
    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

    We can help!
    Listing Contact
    Steven Bellitti
    (909) 612-2617
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.