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1022 Broadway 2,200 SF Office Building El Centro, CA 92243 $1,018,048 CAD ($462.75 CAD/SF) 6.01% Cap Rate
INVESTMENT HIGHLIGHTS
- Excellent Central Location: Situated in the heart of El Centro, the county seat of Imperial County.
- Reliable Tenant: Occupied by Little Einstein’s Montessori Preschool since 2016.
- Growing Population: El Centro has experienced a 25% population growth over the past decade, supporting long-term demand.
- Government & Civic Center Proximity: Surrounded by city and county offices (City Hall, Superior Court, DMV, Police Department), and near key services
- Consistent Income Growth: Built-in 4% annual rent increases offer strong protection against inflation.
EXECUTIVE SUMMARY
Excellent Central Location: Situated in the heart of El Centro, the county seat of Imperial County.
Government & Civic Center Proximity: Surrounded by city and county offices (City Hall, Superior Court, DMV, Police Department), and near key services like banks, law offices, and escrow companies.
Reliable Tenant: Occupied by Little Einstein’s Montessori Preschool since 2016.
Lease expires on December 2029
Future use, Possible Medical office, Buyer to verify all Facts.
Consistent Income Growth: Built-in 4% annual rent increases offer strong protection against inflation.
Growing Population: El Centro has experienced a 25% population growth over the past decade, supporting long-term demand.
Government & Civic Center Proximity: Surrounded by city and county offices (City Hall, Superior Court, DMV, Police Department), and near key services like banks, law offices, and escrow companies.
Reliable Tenant: Occupied by Little Einstein’s Montessori Preschool since 2016.
Lease expires on December 2029
Future use, Possible Medical office, Buyer to verify all Facts.
Consistent Income Growth: Built-in 4% annual rent increases offer strong protection against inflation.
Growing Population: El Centro has experienced a 25% population growth over the past decade, supporting long-term demand.
PROPERTY FACTS
Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Building Size
2,200 SF
Building Class
B
Year Built
1980
Price
$1,018,048 CAD
Price Per SF
$462.75 CAD
Cap Rate
6.01%
NOI
$61,197 CAD
Tenancy
Single
Building Height
1 Story
Typical Floor Size
2,200 SF
Building FAR
0.30
Lot Size
0.17 AC
Zoning
commercial
Parking
4 Spaces (1.82 Spaces per 1,000 SF Leased)
AMENITIES
- Convenience Store
- Day Care
- Restaurant
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE END
- Little Einsteins Montessori
- Health Care and Social Assistance
- -
- -
- Jul 2021
We offer a unique way to learn, through the authentic Montessori Method for early childhood education. At our schools, self-direction and self-discipline lead to self-discovery, as children become practical individuals and organized thinkers. Our method is sound. Our goal is simple: Helping your child prepare for the future.
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE END | ||
| Little Einsteins Montessori | Health Care and Social Assistance | - | - | Jul 2021 |
1 1
Walk Score®
Very Walkable (77)
PROPERTY TAXES
| Parcel Number | 053-023-012-000 | Improvements Assessment | $362,078 CAD |
| Land Assessment | $106,817 CAD | Total Assessment | $468,895 CAD |
PROPERTY TAXES
Parcel Number
053-023-012-000
Land Assessment
$106,817 CAD
Improvements Assessment
$362,078 CAD
Total Assessment
$468,895 CAD
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1022 Broadway
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