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Retail Space with Expansion Option
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5511 W Mission Boulevard #B/C, Ontario, CA 91762

An open commercial suite with a private restroom can be combined with an adjoining unit for a larger footprint.

Property Size4,036 SF
Price / SF$1.36
Days on Market19

Property Features for 5511 W Mission Boulevard #B/C

General Information

Standard status Active
Size 4,036 SF
Property subtype Retail

Additional Details

Road Access Yes

Amenities

private restroom

Building Details

Year Built 2012
Tenancy Multi
Listing Agency: Coldwell Banker Envision
Listed By: Kevin Lee · License #01720786
Source: Lugobros
Added: Oct 12 Changed: Oct 28 Last Checked: Oct 28 at 4:01PM

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 Coldwell Banker Envision

Rey
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Investment Insights

Based on property information with market context.

Unit B/C provides 2,000 square feet of open retail space with a private restroom. The adjoining Unit A adds 1,000 square feet and can be combined with the space for a total of 3,000 square feet. The commercial property was built in 2012 and has on-site parking.

The property is on Mission Boulevard in Ontario, alongside a six-bay self-service car wash that operates 24 hours a day. Proposed uses are subject to San Bernardino County zoning regulations and applicable approvals.

Key Highlights

  • Unit B/C contains 2,000 SF of open commercial space
  • Can combine with adjoining 1,000 SF Unit A for 3,000 SF total
  • Private restroom in Unit B/C

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$68,198
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,363,960 $1.4M
Cap Rate 7%
$974,257 $974.3K
Cap Rate 9%
$757,756 $757.8K
Market Conditions
NOI Build-Up for 4,036 SF
Gross rent
$101.7K $25.20/SF
− Vacancy
−$4.3K −$1.06/SF
EGI
$97.4K $24.14/SF
− OpEx
−$29.2K −$7.24/SF
NOI
$68.2K $16.90/SF
Area
Ontario, CA
Vacancy
4.21%
Lease Rate
$25.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,363,960
Cap Rate 7%
$974,257
Cap Rate 9%
$757,756

Alternative Uses

Best Use
Retail
$974.3K
$852.5K – $1.14M (±1% cap)
NOI $68,198 @ 7.0% cap · market cap 1,239.96%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$1.04M
$913.4K – $1.22M (±1% cap)
NOI $73,069 @ 7.0% cap · market cap 1,328.53%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Great Mission Car ... Car Wash Tang's Kitchen Restaurant

Suggested Use

Top Pick Real Estate Agency Law Firm Hair Salon Gym & Fitness Center Spa & Massage Center Nail Salon

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

Multi-tenant
Tenancy
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

1,073
Businesses Nearby

Demographics for 91762, CA

62,524
Population
20,163
Households
3.1
Avg Household Size
34
Median Age
21%
College-Educated
77%
High-School Grad
14.3 sq mi
ZIP Area
4,372
Density / Sq Mi
$76,289
Median Household Income
$40,085
Median Earnings
$1,752
Median Rent
$568,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025

Frequently Asked Questions

What type of property is this?
Retail space - An open commercial suite with a private restroom can be combined with an adjoining unit for a larger footprint.
Where is this retail space located?
The property is located at 5511 W Mission Boulevard #B/C Ontario, CA.
What are key features of this property?
This property features: Unit B/C contains 2,000 SF of open commercial space; Can combine with adjoining 1,000 SF Unit A for 3,000 SF total; Private restroom in Unit B/C
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