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Property profile & analytics
OFF-MARKET Estimated value $3,000,000
Retail space

8940 Benson Ave Montclair, CA 91763-1671

15,574 SF 5.2 ac lot Built 1973
Entity Owned 8-yr Hold ~ Est. High Equity
Property ID
US10-0974518
Property summary
AI-generated overview

This exceptional 960-square-foot warehouse space is available for lease at 8940 Benson Ave., Suite J, in Montclair, California. Located in San Bernardino County, this single-tenant property offers a fantastic opportunity for businesses seeking efficient and functional industrial space. The entire 960 square feet is currently vacant and ready for immediate occupancy. The property is classified as industrial and specifically designated as a warehouse, making it ideal for storage, light manufacturing, or distribution needs. The address is conveniently located in Montclair, CA, zip code 91763, providing easy access to major transportation routes and local amenities. This property presents a rare chance to secure a well-situated, readily available warehouse space in a thriving area. The building's size is perfectly suited for smaller businesses or those seeking a cost-effective solution for their operational needs. Interested parties are encouraged to inquire promptly to secure this prime industrial space. The property is ready for immediate occupancy, allowing for a swift and seamless transition for your business. This is a single-tenant property, ensuring privacy and control over the entire space. The property's location in Montclair offers a strategic advantage for businesses seeking a balance between accessibility and a cost-effective operational base.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1973
Construction TILT-UP CONCRETE
Total area 15,574 SF
Lot 5.2 ac (226,512 SF)
APN 1008-061-05-0000
UPID US10-0974518
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Sparks Electric Electrical Service General Contractor
  • Gustavo's Auto Shop Auto Repair Shop
  • Hagen Heating and Air HVAC Service General Contractor
  • Benson Commerce Center Business Service Center Corporate Office
  • Master Creations Screen Printing Textile Manufacturer Factory
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$3.44M
Comparable Approach Comparable
$2.08M
Blend (final) Blend
$3.00M
Owner & transaction history
Benson Commerce Center LLC · 8 yrs held
Benson Commerce Center LLC
since 2018
7 recorded transactions
2018
$11.4M
2013
$7.2M
1999
$1.3M
1995
Price N/A
1995
Price N/A
1990
$782,500
1990
$703,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage $4.7M +37.0%
Medical building $4.5M +30.2%
Industrial (general) $4.3M +22.8%
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