Sign Up Successful!
You now have access to more from Realmo!
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    820 South Wanamaker Ave Ontario, CA 91761

    Loading data...
    Loading data...
    Loading data...
    For Lease
    $1.15 SF/Yr ($13,057 /Mo)

    Warehouse space available for sublease in Ontario, California.

    Property size:
    136,249 SF
    Lot size:
    136,249 SF

    Property Features for 820 South Wanamaker Ave

    General Information

    Size
    136,249 SF

    We can help!

    Listing Contact
    Simon Chen, Sior,Ccim
    Source: Lee-associates

    Listing Agent: Simon Chen, Sior,Ccim

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

    Learn more

    Overview

    Ontario Warehouse Sublease Opportunity

    This warehouse space, available for sublease through November 30, 2025, is located within the California Commerce Center. The facility is suitable for overflow storage and distribution purposes. It features 7 loading docks and a 24-foot clear height. The property offers convenient access to the 15, 10, and 60 Freeways and is located at the intersection of South Wanamaker Avenue and East Wall Street. The property has a size of 136249 square feet.
    Location Intelligence

    Current Use by Public Records

    Yada General Contractor Winplus LLC Advertising Agency

    Suggested Use

    Real Estate Agency Dental Office Spa & Massage Center Skin Care Clinic Nail Salon Law Firm Bar & Pub Hair Salon Daycare Center (Bike/Boat/Book/etc) Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Ontario
    County
    San Bernardino
    State
    California
    Longitude
    -117.5517621
    Latitude
    34.0564498

    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
    • New
      $8,500 /Mo
      3,200 SF

      Modern Office Space Available

      First-floor office with reception, offices, conference rooms, kitchen, storage.
      3998 Inland Empire Blvd, 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
    • New
      $3,000 /Mo
      1,000 SF

      Ontario Commercial Space For Lease

      Commercial space with offices, garages, and easy truck access.
      127 W State St, Ontario, CA 91762
      View Details
    • $7,937 /Mo
      2,995 SF

      Class A Office Space Available

      Move-in ready office space with excellent freeway access and visibility.
      4200 Concours St, Ontario, CA 91764
      View Details
    • New
      $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
    • New
      $6,082 /Mo
      75,214 SF

      Class A Office Building

      Premier office space in Ontario Airport submarket with freeway visibility.
      4200 Concours, 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

    FAQs

    What type of property is this?
    Distribution property - Warehouse space available for sublease in Ontario, California.
    Where is this distribution property located?
    The property is located at 820 South Wanamaker Ave Ontario, CA.
    What is the lease rate?
    The lease rate is $1.15 SF/Yr.
    What are key features of this property?
    This property features: - Sublease through 11/30/2025; - Features **7 Loading Docks**; - **24' Clear Height**
    (562) 568-2013
    Request Owner's contact information
    820 South Wanamaker Ave 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.
    820 South Wanamaker Ave
    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
    820 South Wanamaker Ave 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
    Simon Chen, Sior,Ccim
    Real Estate License ID: 01929578
    (562) 568-2013
    Learn more
    Google sign-in failed. Please try again or use another login method.