Office/Industrial Property in South
For Sale
$1,868,000
1600 S Grove Suite A, Ontario, CA 91761
Office/Industrial property with high image office buildout near Ontario Airport.
Property Size5,338 SF
Price / SF$349.94
Days on Market203
Property Features for 1600 S Grove Suite A
General Information
Standard status
Active
Size
5,338 SF
Property subtype
Industrial
Building Details
Building Size
5,338 SF
Year Built
2007
Stories
1
Properties For Sale
at 1600 S Grove Suite A
Available Space
Size
5,338 SF
Not For Lease. Asking Price: $1,968,000 ($368.68/SF)
Contact us
Listing Agency:
Ontario
Listed By:
Kerry Cole, CPA, MBA · License #CA #00946482
(909) 652-9045
Source:
Daumcommercial
Added: Apr 3
Changed: Oct 21
Last Checked: Oct 20 at 5:02PM
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 Ontario
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Investment Insights
Based on property information with market context.
This office/industrial property, located in South Ontario, features a high-image office buildout and is situated minutes from Ontario International Airport, offering excellent freeway access. The property includes 3,700 square feet of office space, 725 square feet of warehouse space, and a 913-square-foot mezzanine. It has a 4:1 parking ratio. The building has a calculated sprinkler system of .33 GMP/3,00 SF and a 2" water line. It also features 4 AC units and zones. The property has 400 Amps 120/480 V power (buyer to verify) and a 16’ clear height. Frontier Fiber service is available. Built-in furniture is included.
Key Highlights
- Excellent freeway access and proximity to Ontario International Airport
- High image office buildout with built‑in furniture
- 3,700 SF office space with 725 SF warehouse and 913 SF mezzanine
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$65,798
Cap Rate
3.52%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,315,960
$1.3M
Cap Rate 7%
$939,971
$940.0K
Cap Rate 9%
$731,089
$731.1K
Market Conditions
NOI Build-Up for 5,338 SF
Gross rent
$101.8K $19.08/SF
− Vacancy
−$7.9K −$1.47/SF
EGI
$94.0K $17.61/SF
− OpEx
−$28.2K −$5.28/SF
NOI
$65.8K $12.33/SF
Area
Ontario, CA
Vacancy
7.71%
Lease Rate
$19.08 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,315,960
Cap Rate 7%
$939,971
Cap Rate 9%
$731,089
Alternative Uses
Best Use
Industrial
$940.0K
$822.5K – $1.10M
NOI $65,798 @ 7.0% cap · market cap 3.52%
Second Best
Flex RnD
$872.8K
$763.7K – $1.02M
NOI $61,098 @ 7.0% cap · market cap 3.27%
Theoretical Best
Specialty Retail
$1.38M
$1.21M – $1.61M
NOI $96,641 @ 7.0% cap · market cap 5.17%
Zoning and permitted uses should be independently verified with authorities.
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
696
Businesses Nearby
Balanced
Demand for This Use
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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
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Market
Vacancy Rate% for Industrial in West region
Similar Off Market Nearby
- Firehouse Subs — 2598 S Archibald Ave E-3, Ontario, CA 91761
- Munguia's Catering — Ontario, CA 91761
- CHEF Gourmet® — 1910 S Archibald Ave Unit O, Ontario, CA 91761
Frequently Asked Questions
What type of property is this?
Flex space - Office/Industrial property with high image office buildout near Ontario Airport.
Where is this flex space located?
The property is located at 1600 S Grove Suite A Ontario, CA.
What is the asking price?
The asking price for this property is $1,868,000.
What are key features of this property?
This property features: Excellent freeway access and proximity to Ontario International Airport; High image office buildout with built‑in furniture; 3,700 SF office space with 725 SF warehouse and 913 SF mezzanine
