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    The Largest CRE Database in the US with Over 1 Million Listings

    4141 Inland Empire Blvd Ontario, CA 91764

    Sponsored
    For Lease
    $31 SF/Yr

    Premium Ontario Airport Office Space Available

    Lot size:
    70,040 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    416
    Empire Towers II, a Class A office building in Ontario, CA, offers exceptional executive office space. Located at 4141 Inland Empire Blvd, 91764, this three-story building boasts a total of 70,040 square feet, with 12,573 square feet currently vacant. The property is zoned SP, City of Ontario, within the desirable Ontario Airport submarket of San Bernardino County. Multiple tenancy options are available, with spaces ranging from a minimum of 1,639 square feet to a maximum contiguous space of 6,738 square feet, perfect for businesses of various sizes. Built in 1999, the building provides ample parking with a ratio of 4 spaces per 1,000 square feet. This prime location offers easy access to the Ontario Airport and major transportation arteries, making it an ideal choice for businesses seeking a prestigious and convenient address. The building's modern design and amenities create a professional and productive work environment. Take advantage of this opportunity to secure your business's future in this thriving submarket. Contact us today to learn more about available spaces and lease terms.

    Property Features for 4141 Inland Empire Blvd

    General Information

    Property type
    Office Properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    70,040 SF
    Class
    A
    Total Rate
    185606

    Building Details

    Year Built
    1999
    Stories
    3

    Unit(s) available at that property

    Space
    1st Floor / Suite 170
    Size
    4,196 SF
    Rate per SF
    $31
    Space
    2nd Floor / Suite 200
    Size
    6,738 SF
    Rate per SF
    $31
    Space
    Floor 2nd / Suite 260
    Size
    1,639 SF

    We can help!

    Listing Contact
    Lynn Yangchana
    Lynn Yangchana

    Learn more

    Property Insight Report

    HighLights

    • 70,040 SF, three‑story Class A office building.
    • Excellent location in the Ontario Airport submarket.
    • High visibility from the I‑10 Freeway.
    • 1999 construction; SP zoning, City of Ontario.
    • Convenient I‑10 access at Haven Avenue.
    • Easy access to I‑15 and I‑60 freeways.
    Property Profile Location Intelligence

    Current Use by Public Records

    Henry Schein Dental Supply Store CBRE Commercial Real Estate Agency Wells Fargo Private ... Investment Service Marquee Staffing Employment Agency

    Suggested Use

    Restaurant Realty agency Building Supply Spa & Massage Dental Office Auto Repair Shop Wholesale Shop Hair Salon Law Firm Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Ontario
    County
    San Bernardino
    State
    California
    Longitude
    -117.5670897
    Latitude
    34.0692583

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    FAQs

    What type of property is this?
    Office Property / Space - Premium Ontario Airport Office Space Available
    Where is this office property / space located?
    The property is located at 4141 Inland Empire Blvd Ontario, CA.
    What is the lease rate?
    The lease rate is $0.00-$31 SF/Yr.
    What are key features of this property?
    This property features: 70,040 SF, three-story Class A office building.; Excellent location in the Ontario Airport submarket.; High visibility from the I-10 Freeway.
    Request Owner's contact information
    4141 Inland Empire Blvd Ontario, CA 91764
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    Ontario, CA 91764
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    4141 Inland Empire Blvd Ontario, CA 91764
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    We can help!
    Listing Contact
    Lynn Yangchana
    Lynn Yangchana
    Real Estate License ID: 01518762
    Learn more
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