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Freestanding Industrial Distribution Facility
For Sale
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2350 S Milliken Ave, Ontario, CA 91761

Freestanding industrial building with secured truck court, 30' clear height, and 7 dock high doors.

Property Size71,091 SF
Price / SF$298
Days on Market192

Property Features for 2350 S Milliken Ave

General Information

Standard status Active
Size 71,091 SF
Property subtype INDUSTRIAL

Site & Location

Fenced Yard Yes
Outdoor Storage Yes

Warehouse & Industrial

Clear Height 30 ft
Dock-High Doors 7
Drive-In Doors 1

Amenities

Secured Truck Court/Yard
Listing Agency: Daum Commercial
Listed By: Gabriel DuPlantier
Source: Moodyscre
Added: Jan 20 Changed: Jul 27 Last Checked: Jul 31 at 10:35AM

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 Daum Commercial

Investment Insights

Based on property information with market context.

Milliken Commerce Center is a freestanding industrial distribution facility featuring a secured truck court or yard and a 60' concrete loading apron. The building offers 30' clear height with 7 dock high doors and 1 grade level door, providing flexible loading options for warehouse operations.

The property is listed for sale and is presented as an industrial warehouse/distribution asset in Ontario, CA.

Key Highlights

  • Milliken Commerce Center: freestanding industrial building
  • Secured truck court/yard
  • 30' clear height

Financial Insights For Warehouse

Simulate Cap Rate and NOI

NOI Build-Up
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.

Component $ $/SF
Gross rent $1.36M $19.08
− Vacancy −$104.6k −$1.47
EGI $1.25M $17.61
− OpEx −$187.8k −$2.64
NOI $1.06M $14.97
71,091 SF · lease $19.08/SF/yr · vacancy 7.71% · expense 15.00%

Alternative Uses

Best Use
Warehouse
$15.20M
$13.30M – $17.73M (±1% cap)
NOI $1,064,061 @ 7.0% cap · market cap 5.02%
Second Best
Industrial
$12.52M
$10.95M – $14.60M (±1% cap)
NOI $876,286 @ 7.0% cap · market cap 4.14%
Theoretical Best
Specialty Retail
$18.39M
$16.09M – $21.45M (±1% cap)
NOI $1,287,054 @ 7.0% cap · market cap 6.08%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

R & B Wholesale ... Big Box & Wholesale Store

Suggested Use

Top Pick Real Estate Agency Building Supply Law Firm Restaurant Spa & Massage Center Pharmacy

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

30 ft
Clear height
7
Dock-high doors
1
Drive-in doors
Yes
Fenced yard

Location Intelligence

Trade Area within ½ mile

202
Businesses Nearby

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

3.7% 2019
4.3% 2020
2.6% 2021
2.5% 2022
4.8% 2023
6.9% 2024
7.9% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Distribution center - Freestanding industrial building with secured truck court, 30' clear height, and 7 dock high doors.
Where is this distribution center located?
The property is located at 2350 S Milliken Ave Ontario, CA.
What is the asking price?
The asking price for this property is $21,185,118.
What are key features of this property?
This property features: Milliken Commerce Center: freestanding industrial building; Secured truck court/yard; 30' clear height
(909) 980-1234 Call to check price and availability
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