Building Details

Building Size 1,940 SF

Year Built 2006

Listing Agency: Sid Lao & Associates s***@gmail.com Show Phone

Listed By: Sidney Lao · License #01209404 Show Phone

Source: Elliman

Added: Apr 24 Changed: Aug 21 Last Checked: Aug 30 at 9:39PM

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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 Sid Lao & Associates

Investment Insights

Based on property information with market context.

This 1940 square foot flex space is suitable for a number of industrial, flex, and retail uses. The office space has been newly renovated, and the warehouse area is plumbed. The location has a bike score of 45, indicating it is somewhat bikeable. The walk score is 50, signifying that the area is car-dependent. The transit score is 32, suggesting some transit options are available.

Key Highlights

• Newly renovated office space
• 1940 SF Flex space suitable for industrial, flex, and retail uses
• Warehouse area is plumbed

Property Analytics

Property Profile

Current Use

Sundial Micro Inc (Bike/Boat/Book/etc) Store AHG International Corp Big Box & Wholesale Store LINKYO Toner Cartridge Supplier FASTSIGNS (Bike/Boat/Book/etc) Store Glenmount Global Solutions ... Industrial Manufacturer

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Restaurant Hair Salon Cafe & Coffee Shop

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

Lease Details

NNN (Triple Net)

Lease Type

$3.15 /SF/Yr

CAM

Location Intelligence

Trade Area within ½ mile

771

Businesses Nearby

Well-served

Demand for This Use

Explore this area Business Placement

Demographics for 91761, CA

60,306

Population

18,309

Households

3.3

Avg Household Size

35

Median Age

21%

College-Educated

81%

High-School Grad

28.5 sq mi

ZIP Area

2,116

Density / Sq Mi

$97,396

Median Household Income

$44,493

Median Earnings

$2,015

Median Rent

$590,000

Median Home Value

Market

Lease Benchmarks for Ontario, CA

$22.28 /SF/Yr

Avg Asking Price

$15.6–$31.5 /SF/Yr

Price Range

38,248 SF

Avg Space Size

This space is priced 6% below the average of $22.28 /SF/Yr.

Vacancy Rate% for Industrial in West region

3.7% 2019

4.3% 2020

2.6% 2021

2.5% 2022

4.8% 2023

6.9% 2024

7.9% 2025

Questions? Ask Rey

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What type of property is this? Where is this flex space located? What is the lease rate? Find similar properties ... What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Flex space - 1940 SF flex space with renovated office and plumbed warehouse.

Where is this flex space located?

The property is located at 1351 S Grove Ave 106 Ontario, CA.

What is the lease rate?

The lease rate is $21 SF/Yr.

What are key features of this property?

This property features: Newly renovated office space; 1940 SF Flex space suitable for industrial, flex, and retail uses; Warehouse area is plumbed