Flex Space With Ground-Level
For Sale
Contact for pricing
1906 S Quaker Ridge Pl, Ontario, CA 91761
Industrial flex property with office component, loading access, and General Industrial zoning designation.
Property Size17,000 SF
Lot Size0.85 Acres
Price / SF$319
Days on Market21
Property Features for 1906 S Quaker Ridge Pl
General Information
Standard status
Active
Size
17,000 SF
Lot size
0.85 Acres
Property subtype
INDUSTRIAL
Zoning
IG
Warehouse & Industrial
Clear Height
18 ft
Office Build-Out
4,900 SF
Drive-In Doors
3
Additional Details
Highway Access
Yes
Amenities
ground level loading doors
18' minimum clearance height
Building Details
Building Size
17,000 SF
Listing Agency:
Lee & Associates
(909) 373-2726
Listed By:
Ken Jones · License #01703262
(909) 373-2726
Source:
Moodyscre
Added: Aug 11
Changed: Aug 28
Last Checked: Aug 30 at 6:49PM
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 Lee & Associates
Investment Insights
Based on property information with market context.
This flex property provides approximately 17,000 SF within an approximately 0.85-acre site, including approximately 4,900 SF of office space. The building offers three ground-level loading doors measuring 12' x 10' and a minimum clear height of 18', supporting a range of industrial and warehouse operations.
The property is located at 1906 S Quaker Ridge Pl in Ontario, California, with close proximity to the 60, 15, and 10 freeways. The zoning is identified as General Industrial (IG), subject to verification.
The property is located at 1906 S Quaker Ridge Pl in Ontario, California, with close proximity to the 60, 15, and 10 freeways. The zoning is identified as General Industrial (IG), subject to verification.
Key Highlights
- ±17,000 SF available on ±0.85 acre lot
- ±4,900 SF of office space
- 3 ground‑level loading doors measuring 12' x 10'
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$254,449
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.69%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$5,088,980
$5.1M
Cap Rate 7%
$3,634,986
$3.6M
Cap Rate 9%
$2,827,211
$2.8M
Market Conditions
NOI Build-Up for 17,000 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$324.4K $19.08/SF
− Vacancy
−$25.0K −$1.47/SF
EGI
$299.4K $17.61/SF
− OpEx
−$44.9K −$2.64/SF
NOI
$254.4K $14.97/SF
Area
Ontario, CA
Vacancy
7.71%
Lease Rate
$19.08 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$5,088,980
Cap Rate 7%
$3,634,986
Cap Rate 9%
$2,827,211
Alternative Uses
Best Use
Warehouse
$3.63M
$3.18M – $4.24M
NOI $254,449 @ 7.0% cap · market cap 4.69%
Second Best
Industrial
$2.99M
$2.62M – $3.49M
NOI $209,546 @ 7.0% cap · market cap 3.86%
Theoretical Best
Specialty Retail
$4.40M
$3.85M – $5.13M
NOI $307,773 @ 7.0% cap · market cap 5.68%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
18 ft
Clear height
3
Drive-in doors
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,455
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
Vacancy Rate% for Industrial in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- SoCalMex Lamron Tacos Catering — 1457 E Philadelphia St Unit #26, Ontario, CA 91761
- Table De France Catering — 1480 S Balboa Ave, Ontario, CA 91761
Frequently Asked Questions
What type of property is this?
Flex space - Industrial flex property with office component, loading access, and General Industrial zoning designation.
Where is this flex space located?
The property is located at 1906 S Quaker Ridge Pl Ontario, CA.
What is the asking price?
The asking price for this property is $5,423,000.
What are key features of this property?
This property features: ±17,000 SF available on ±0.85 acre lot; ±4,900 SF of office space; 3 ground‑level loading doors measuring 12' x 10'
