Ontario Industrial Space and Property Rental Market
Ontario, CA is a city located in the southern part of San Bernardino County. The city is located within the Inland Empire area where industrial real estate activity is highly in-demand. Ontario, CA has more than 100 million square feet of existing inventory with over 3 million square feet of available spaces for lease. The vacancy rate in Ontario is 2.69% which means that in every 100 industrial spaces, there are 2 or 3 industrial space available for lease or sale. The average lease rate in Ontario is $0.61 per square feet. The lowest industrial lease rate in the Inland Empire area is in Fontana with an average of $0.53 per square feet while the highest industrial rate is in Adelanto with an average $1.41 per square feet.