71,091 SF Industrial
For Sale
Contact for pricing
2350 S Milliken Ave., Ontario, CA 91761
71,091 SF industrial building for sale.
Property Size71,091 SF
Days on Market202
Property Features for 2350 S Milliken Ave.
General Information
Standard status
Active
Size
71,091 SF
Property subtype
Industrial
Building Details
Building Size
71,091 SF
Year Built
2003
Stories
1
Properties For Sale
at 2350 S Milliken Ave.
Available Space
Size
71,091 SF
Lease Type
NNN
Approximately 71,091 SF Building Available, Lot Size: 3.71 Ac, ±6,000 SF Office Space, 7 DH/1 GL Door, Secured Truck Court, 70 Car Parking Spaces, 60′ Concrete Loading Apron, 30′ Clearance, 800 A, 244/480V, 3P, 4W, Expandable to 1,600 Amps, ESFR , K-14 Heads Fire Sprinkler System
Contact us
Listing Agency:
Ontario
Listed By:
Gabe DuPlantier · License #CA #02178517
(909) 912-0008
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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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
The property is an industrial building with approximately 71,091 square feet of space. It is located in Ontario, California.
Key Highlights
- Approximately 71,091 SF Industrial Building
- For Sale
- Year Built: 2003
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$876,286
Suggested Prices Based on Cap Rates
Cap Rate 5%
$17,525,720
$17.5M
Cap Rate 7%
$12,518,371
$12.5M
Cap Rate 9%
$9,736,511
$9.7M
Market Conditions
NOI Build-Up for 71,091 SF
Gross rent
$1.36M $19.08/SF
− Vacancy
−$104.6K −$1.47/SF
EGI
$1.25M $17.61/SF
− OpEx
−$375.6K −$5.28/SF
NOI
$876.3K $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%
$17,525,720
Cap Rate 7%
$12,518,371
Cap Rate 9%
$9,736,511
Alternative Uses
Best Use
Warehouse
$15.20M
$13.30M – $17.73M
NOI $1,064,061 @ 7.0% cap · market cap 106,406,100.00%
Second Best
Industrial
$12.52M
$10.95M – $14.60M
NOI $876,286 @ 7.0% cap · market cap 87,628,600.00%
Theoretical Best
Specialty Retail
$18.39M
$16.09M – $21.45M
NOI $1,287,054 @ 7.0% cap · market cap 128,705,400.00%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
146
Businesses Nearby
Under-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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in West region
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Frequently Asked Questions
What type of property is this?
Warehouse - 71,091 SF industrial building for sale.
Where is this warehouse located?
The property is located at 2350 S Milliken Ave. Ontario, CA.
What are key features of this property?
This property features: Approximately 71,091 SF Industrial Building; For Sale; Year Built: 2003
