800 S Mountain Ave - Storefront FOR SALE


Ontario, CA 91762
$9,995,000 USD
818-697-9387
800 S Mountain Ave, Ontario, CA for Sale
$9,995,000 USD
Storefront - FOR SALE
1/19
null | 4.87% Cap Rate

800 S Mountain Ave
Ontario, CA 91762


HIGHLIGHTS

  • Immediate income from quality existing tenants.
  • Multiple value-creation strategies available.
  • Prime location in high-growth market.
  • Supportive municipal environment for improvements.
  • Excellent transportation connectivity and visibility.

OVERVIEW

This exceptional ±41,926 square feet retail center situaded on an expansive 4-acre parcel represents a compelling value-add investment in one of Southern California’s most dynamic growth markets. the property’s elegant Spanish-style architecture, existing tenant mix, and prominent location within the community provide an excellent foundation for strategic repositioning and income enhancement. the center presents multiple value-add strategies for sophisticated investors. the diverse, synergistic tenant mix creates strong crossshopping opportunities while providing stable cash flow during the enhancement period. Strategic re-leasing initiatives and tenant improvements can drive substantial rent growth, while the property’s prominent monument signage and abundant parking support premium rental rates. the CN zoning designation offers additional flexibility for optimizing the tenant mix and maximizing long-term returns. MARKET DYNAMICS The property is strategically located in the rapidly expanding Inland Empire, which has experienced remarkable economic growth with 7% average job growth and 144,000 new workers. this robust expansion, driven by major distribution and logistics operations, continues to fuel demand for retail and service amenities. the city has expressed general support for quality development projects that enhance the commercial landscape, creating a favorable environment for value-enhancement initiatives. Ontario’s engoing commercial development pipeline and its role as a major logistics hub position this asset to capitalize on sustained population and income growth, ensuring strong long-term fundamentals for tenant attraction and retention. STRATEGIC LOCATION ADVANTAGES Positioned on one of Ontario’s thriving commercial corridors, the property benefits from exceptional visibility and accessibility via major transportation arteries including Interstates 10 and 15 and State Route 60. the proximity to Ontario International Airport enhances the trade area’s appeal to both national retailers and service-oriented tenants. the robust residential community and surrounding retail environment, featuring both established local businesses and recognized national brands, create a destination that supports strong leasing fundamentals

FOR SALE DETAILS

PRICE

$9,995,000 USD

PRICE/SF

$238 USD /SF

CAP RATE

4.87%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

High-Visibility Value-Add Retail Center

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1979

SPRINKLERS

-

PARKING SPACES

180

LAND DETAILS

LAND ACRES

3.93 AC

LAND SF

171,191 SF

ZONING

CN

APN/PARCEL ID

1011-381-03

ASK ABOUT THIS PROPERTY

Greg Offsayilli Commercial Real EstateMore Info
818-697-9387

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Greg Offsayilli Commercial Real EstateMore Info
818-697-9387

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.