Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    5212 Moreno St Montclair, CA 91763

    Property Lookup

    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    5212 Moreno St Montclair, CA 91763

    View on Map
    • Commercial real estate
    • 3,950 SF
    • 0.28 lot acres
    Off-Market
    Property ID
    US10-0558684
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Panera Bread / Bakery / Specialty Food Shop

    Property Details for 5212 Moreno St

    Year built
    2024
    Lot size
    0.28 lot acres
    Property size
    3,950 SF
    Property type
    Commercial real estate
    APN
    100815105

    Description

    This exceptional investment opportunity presents the chance to acquire the leased fee interest (land ownership) in a brand-new, 3,950 square foot Panera Bread restaurant in Montclair, California. The property boasts a 15-year absolute NNN lease with three 5-year renewal options, commencing June 30, 2024, and expiring June 30, 2039. The lease includes a 10% rent increase every five years, providing built-in protection against inflation and consistent NOI growth. With zero landlord responsibilities, this is an ideal passive investment. The property is situated on a 0.28-acre lot at a signalized intersection averaging over 62,600 vehicles per day, offering excellent visibility. It's an outparcel to a high-performing Target store and near other national retailers, including Costco, Home Depot, and Best Buy. The location benefits from strong demographics, with a 5-mile radius boasting a population exceeding 452,100 and an average household income of $113,944. Nearby residential developments (800+ units) further solidify the property's strong consumer base. The property features a drive-thru and was built in 2024, with a permitted zoning of SP Specific Plan. The current NOI is $289,000, resulting in a 4.50% cap rate, and the asking price is $6,422,000. The property's APN is 100815105. This investment offers a compelling combination of strong tenant, favorable lease terms, and a prime location in a thriving retail corridor.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Montclair
    County
    San Bernardino
    State
    California
    Longitude
    -117.6915731
    Latitude
    34.0896448

    Comparable in this City

    • $7,700,000
      3,677 SF

      Express Car Wash on Corner

      Established express car wash on a highly visible corner lot.
      10805 Ramona Ave, Montclair, CA 91763
      View Details
    • $2,100,000
      4,785 SF

      Montclair Retail Investment Opportunity

      Value-add retail center in Montclair, California with investment and owner-user potential.
      10340-10368 Central Ave, Montclair, CA 91763
      View Details

    Similar Nearby for Sale

    • $7,700,000
      3,677 SF

      Express Car Wash on Corner

      Established express car wash on a highly visible corner lot.
      10805 Ramona Ave, Montclair, CA 91763
      View Details
    • $2,100,000
      4,785 SF

      Montclair Retail Investment Opportunity

      Value-add retail center in Montclair, California with investment and owner-user potential.
      10340-10368 Central Ave, Montclair, CA 91763
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Montclair Retail Anchor Space Available

      Anchor and drive-thru spaces for lease in Montclair, California.
      5280 Arrow Hwy, Montclair, CA 91763
      View Details
    • Contact for pricing
      1,000 SF

      Montclair Retail Space For Lease

      Retail suite available in high-traffic Montclair location near I-10.
      9680 Central Ave, Montclair, CA 91763
      View Details
    • Contact for pricing
      1,250 SF

      Retail Space Available For Rent

      Retail space available for rent in Montclair, CA.
      5291 Holt Blvd, Montclair, CA 91763
      View Details
    • Contact for pricing
      1,616 SF

      Montclair Business Center Flex Space

      Multi-tenant building with open office/showroom and one restroom.
      4650 Arrow Hwy, Montclair, CA 91763
      View Details
    • Contact for pricing

      Retail Space for Lease

      Retail spaces available for lease.
      10340-10368 Central Ave, Montclair, CA 91763
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    5212 Moreno St
    Montclair, CA 91763
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!