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5555 Ontario Mills Pky 37,000 SF Industrial Building Ontario, CA 91764 $15,168,230 CAD ($409.95 CAD/SF)
INVESTMENT HIGHLIGHTS
- Excellent Freeway Access
- Excellent Value Priced to Move
- Good Office to Warehouse Mix
EXECUTIVE SUMMARY
Executive Summary: For Sale - 5555 Ontario Mills Parkway, Ontario, CA 91764
Offering Price: $11,000,000 ($297.30 / SF)
This is a rare opportunity to acquire a highly desirable 37,000 SF industrial building in a prime, Class-A location within Ontario, California. Situated on a 2.48-acre lot, the property offers an excellent mix of warehouse and office space, ideal for an owner-user seeking a strategic headquarters in the bustling Inland Empire market.
Property Highlights & Specifications
Building Size: 37,000 SF
Space Breakdown:
22,000 SF Warehouse (approx. 60%)
15,000 SF Office (approx. 40%) - easy to convert to warehouse, just a drop tile ceiling
Lot Size: 2.48 Acres (108,029 SF)
Clear Height: 24'
Loading Docks: 2 truck wells with docks and levelers, plus 2 drive-in doors.
Parking: 118 surface spaces (3.19 / 1,000 SF ratio).
Year Built: 1996
Zoning: M2 (General Industrial)
Fire Safety: Wet sprinkler system.
Additional Features: Fenced lot, skylights, and existing industrial storage racks installed and included in the sale.
Strategic Location
The property boasts an unparalleled location with immediate access to major transportation corridors, including the I-10 and I-15 freeways, connecting it to the entire Southern California region. Its proximity to Ontario International Airport (4.9 miles away) makes it an excellent hub for logistics and distribution. The building is located in the Airport Area submarket, a highly sought-after industrial core.
Market & Investment Context
The subject property is priced competitively at $297.30 per square foot. This compares favorably to recent sales of similar 3-star industrial buildings in Ontario, which have sold for between $313 and $340 per square foot in the last year. While the broader market has seen a slight increase in vacancy, this specific property benefits from a 0% vacancy rate, highlighting its appeal. The offering presents a significant value proposition for a buyer in a key industrial market.
This is an exceptional opportunity to acquire a functional and well-located industrial asset below recent market comparables.
Offering Price: $11,000,000 ($297.30 / SF)
This is a rare opportunity to acquire a highly desirable 37,000 SF industrial building in a prime, Class-A location within Ontario, California. Situated on a 2.48-acre lot, the property offers an excellent mix of warehouse and office space, ideal for an owner-user seeking a strategic headquarters in the bustling Inland Empire market.
Property Highlights & Specifications
Building Size: 37,000 SF
Space Breakdown:
22,000 SF Warehouse (approx. 60%)
15,000 SF Office (approx. 40%) - easy to convert to warehouse, just a drop tile ceiling
Lot Size: 2.48 Acres (108,029 SF)
Clear Height: 24'
Loading Docks: 2 truck wells with docks and levelers, plus 2 drive-in doors.
Parking: 118 surface spaces (3.19 / 1,000 SF ratio).
Year Built: 1996
Zoning: M2 (General Industrial)
Fire Safety: Wet sprinkler system.
Additional Features: Fenced lot, skylights, and existing industrial storage racks installed and included in the sale.
Strategic Location
The property boasts an unparalleled location with immediate access to major transportation corridors, including the I-10 and I-15 freeways, connecting it to the entire Southern California region. Its proximity to Ontario International Airport (4.9 miles away) makes it an excellent hub for logistics and distribution. The building is located in the Airport Area submarket, a highly sought-after industrial core.
Market & Investment Context
The subject property is priced competitively at $297.30 per square foot. This compares favorably to recent sales of similar 3-star industrial buildings in Ontario, which have sold for between $313 and $340 per square foot in the last year. While the broader market has seen a slight increase in vacancy, this specific property benefits from a 0% vacancy rate, highlighting its appeal. The offering presents a significant value proposition for a buyer in a key industrial market.
This is an exceptional opportunity to acquire a functional and well-located industrial asset below recent market comparables.
PROPERTY FACTS
| Price | $15,168,230 CAD | No. Stories | 1 |
| Price Per SF | $409.95 CAD | Year Built | 1996 |
| Sale Type | Investment or Owner User | Tenancy | Single |
| Property Type | Industrial | Parking Ratio | 3.19/1,000 SF |
| Property Subtype | Warehouse | Clear Ceiling Height | 24’ |
| Building Class | B | No. Dock-High Doors/Loading | 2 |
| Lot Size | 2.48 AC | No. Drive In / Grade-Level Doors | 2 |
| Rentable Building Area | 37,000 SF | ||
| Zoning | M2 - Crossroads Specific Plan | ||
| Price | $15,168,230 CAD |
| Price Per SF | $409.95 CAD |
| Sale Type | Investment or Owner User |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | B |
| Lot Size | 2.48 AC |
| Rentable Building Area | 37,000 SF |
| No. Stories | 1 |
| Year Built | 1996 |
| Tenancy | Single |
| Parking Ratio | 3.19/1,000 SF |
| Clear Ceiling Height | 24’ |
| No. Dock-High Doors/Loading | 2 |
| No. Drive In / Grade-Level Doors | 2 |
| Zoning | M2 - Crossroads Specific Plan |
AMENITIES
- 24 Hour Access
- Fenced Lot
- Skylights
- Yard
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PROPERTY TAXES
| Parcel Number | 0238-021-37 | Improvements Assessment | $3,774,191 CAD |
| Land Assessment | $1,729,693 CAD | Total Assessment | $5,503,884 CAD |
PROPERTY TAXES
Parcel Number
0238-021-37
Land Assessment
$1,729,693 CAD
Improvements Assessment
$3,774,191 CAD
Total Assessment
$5,503,884 CAD
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5555 Ontario Mills Pky
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