2180 Hellman Ave
Ontario, CA 91761
Bldg 1 · Industrial Property For Sale

RJ Realty is pleased to present for sale 2180 S Hellman Avenue, a 12,611 SF industrial/warehouse building located on a premium corner lot at the intersection of S Hellman Avenue and Philadelphia Street in Ontario, California. The property is 100% leased on a NNN basis to Appliance Connections LLC, with the current lease running through November 30, 2028 — approximately 32 months of remaining term.
The lease is structured under the AIR CRE Standard Industrial/Commercial Single-Tenant form with a Fixed
Rental Adjustment (4% annual escalation) and NNN pass-throughs covering all taxes, insurance, HVAC, and
maintenance.
Current base rent of $17,050/month ($1.3520/SF) is above the prevailing IE West market range
of $1.18–$1.32/SF, providing an investor with above-market income and built-in rent growth through expiry.
The building features 17-foot minimum clear height, dual loading access (dock-high and grade-level doors),
a private fenced yard, sprinkler system, and skylights throughout. The rare corner lot configuration provides
superior visibility, dual street access, and operational flexibility across a wide range of industrial uses.
Strategically positioned minutes from the I-60 Freeway via the Vineyard and Archibald exits, the property
offers direct access to Southern California's regional distribution network. Ontario Airport (ONT) is
approximately 10 minutes away.
Offered at $4,161,630 ($330/SF) — representing approximately a 5% Year 1 cap rate on current in-place
rent, escalating to 5.11% in December 2026 and 5.31% in December 2027 per the lease's fixed rent schedule.