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California Commerce Center #5

Off-Market

3971 East Airport Drive, Ontario, CA 91761

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  • Property Type Industrial - Warehouse/Distribution
  • Property Size 445,200 Sqft
  • Lot Size 20.42 Acre
  • Parking Spaces Avail. 133
  • Parking Ratio 0.30/ 1,000 SF
  • Property Tenancy Single Tenant
  • Building Class B
  • Year Built 1996

Location

  • City Ontario, CA
  • Zip Code 91761
  • Market Inland Empire

Contacts

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Owner

  • True Owner
  • Registered Owner

Tenants

Suite Name Tenant Leased
Space
Rent Price Lease
Type
Space
Type
Lease Term
370 17th Street #5500 MERRILL, (303) 446-5500 23,824 SF $23/SF/YR Modified
Gross
General
Office
11/01/2014-
N/A
370 17th Street
#6000
Morrison & Foerster,
(303) 592-1500
10,710 SF $26/SF/YR Full
Service
General
Office
08/01/2013-
07/31/2023
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Documents

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Sales

  • Purchase Date 10 Mar, 2004
  • Purchase Price
  • Arm's Length True
  • Buyer Name

Market Trends

Average Actual Rents in Ontario

Average rents use actual signed leases, aggregated for your specific search area and asset type with Yardi Market Insight. Be confident your price is competitive, with CommercialEdge.

Current Average Rent
Net Rent
$44.3/SF/YR
Recoverables Show detailsHide details
$16.7/SF/YR
CAM
$3.54/SF/YR
Insurance
$0.59/SF/YR
Taxes
$9.52/SF/YR
Utilities
$1.76/SF/YR
Management Fees
$1.3/SF/YR
Total Rent
$61/SF/YR
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Occupancy & Leasing Activity
Occupancy
83.5%
Lease Spread
-20.5%
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Asking Rents in Ontario Office Market

Office rental rates are based on aggregated data of asking rates.

  • 2020 Avg. Asking Rent $26.56
  • 2020 Office Vacancy Rate 7.98%
  • 2020 Office Completions (Sqft)
View more Ontario market trends

Tax

  • Property Tax in 2021-2022 $326,475
  • Market Value $31,098,802
  • Assessed Value $31,098,802

Find more tax info, including assessment history and abatements, on CommercialEdge

Frequently Asked Questions

What is the total square footage of California Commerce Center #5?

California Commerce Center #5 totals 445,200 square feet.

When was this property built?

California Commerce Center #5 was built in 1996.

When was California Commerce Center #5 last sold?

California Commerce Center #5 was last sold on 10 Mar, 2004.

What is the property tax for California Commerce Center #5?

The property tax for California Commerce Center #5 in 2021-2022 was $326,475.

What is the market value for California Commerce Center #5?

The market value for California Commerce Center #5 in 2021-2022 was $31,098,802.

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