Ontario Retail/Office Building For
For Sale
$2,750,000
910 Mountain Avenue, Ontario, CA 91762
Prime location retail/office building in Ontario, CA for sale.
Property Size14,530 SF
Price / SF$189.26
Days on Market175
Property Features for 910 Mountain Avenue
General Information
Standard status
Active
Size
14,530 SF
Property subtype
Retail
Amenities
Central Air
3
Public Transport.
Building Details
Year Built
1982
Listing Agency:
High Ten Partners, Inc.
(626) 289-6660
Listed By:
LUCY CLARKE · License #01877350
(626) 215-2705
Source:
Xome
Added: Mar 14
Changed: Sep 3
Last Checked: Sep 2 at 4:12PM
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 High Ten Partners, Inc.
Investment Insights
Based on property information with market context.
This commercial property is located on Mountain Avenue in Ontario, California, within the EI Super Shopping Center. Constructed in 1982, this retail/office building offers convenient access to Freeway 10 and 210. The location has a bike score of 60, indicating it is bikeable, a walk score of 62, indicating it is somewhat walkable, and a transit score of 34, indicating some transit options are available. This property presents an investment opportunity.
Key Highlights
- Prime location on high‑traffic Mountain Ave in Ontario.
- Anchored Retail/Office Building.
- Price significantly below replacement cost (@$199.59 PSF).
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
$245,519
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
8.93%
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%
$4,910,380
$4.9M
Cap Rate 7%
$3,507,414
$3.5M
Cap Rate 9%
$2,727,989
$2.7M
Market Conditions
NOI Build-Up for 14,530 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
$366.2K $25.20/SF
− Vacancy
−$15.4K −$1.06/SF
EGI
$350.7K $24.14/SF
− OpEx
−$105.2K −$7.24/SF
NOI
$245.5K $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 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%
$4,910,380
Cap Rate 7%
$3,507,414
Cap Rate 9%
$2,727,989
Alternative Uses
Best Use
Retail
$3.51M
$3.07M – $4.09M
NOI $245,519 @ 7.0% cap · market cap 8.93%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$3.76M
$3.29M – $4.38M
NOI $263,056 @ 7.0% cap · market cap 9.57%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
519
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
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
Market
Vacancy Rate% for Retail in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
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Frequently Asked Questions
What type of property is this?
Shopping center - Prime location retail/office building in Ontario, CA for sale.
Where is this shopping center located?
The property is located at 910 Mountain Avenue Ontario, CA.
What is the asking price?
The asking price for this property is $2,750,000.
What are key features of this property?
This property features: Prime location on high‑traffic Mountain Ave in Ontario.; Anchored Retail/Office Building.; Price significantly below replacement cost (@$199.59 PSF).
