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The Shops at Parkway Plaza 111-181 Fletcher Pky 122,484 SF 97% Leased Retail Building El Cajon, CA 92020 For Sale
Investment Highlights
- Prime Location Adjacent to Major Regional Mall
- Dense Population Base Surrounding The Property
- Premier National Tenant Lineup
- Neighborhood Grocery Anchored Retail With Pads
- Strong Sales Performance Demonstrates Market Appeal
- Investment-Grade National Tenancy
Executive Summary
JLL is pleased to present The Shops at Parkway Plaza, a grocery anchored center totaling
approximately 122,484 square feet located in El Cajon, CA, adjacent to a prominent regional
shopping destination. The property features an exceptional investment-grade national tenant
roster including Best Buy, HomeGoods, Aldi, Texas Roadhouse, and Applebee’s.
The Shops at Parkway Plaza are 96.6% occupied, providing strong stable cash flow with immediate
NOI growth opportunity through mark-to-market rents and lease-up of the remaining vacancy.
The property’s strong anchor tenant roster provides long-term income stability through multiple
renewal options extending well into the 2030s, while existing tenants benefit from close proximity
to Parkway Plaza mall’s 6.4 million annual visitors.
Located in a dense trade area with over 169,523 people within a three-mile radius, the property
benefits from exceptional consumer demand, substantial daily foot traffic generated by the
adjacent mall, and outstanding visibility and access from Interstate 8 and the San Vicente Freeway
(SR-67) with over 260,000 vehicles per day combined.
approximately 122,484 square feet located in El Cajon, CA, adjacent to a prominent regional
shopping destination. The property features an exceptional investment-grade national tenant
roster including Best Buy, HomeGoods, Aldi, Texas Roadhouse, and Applebee’s.
The Shops at Parkway Plaza are 96.6% occupied, providing strong stable cash flow with immediate
NOI growth opportunity through mark-to-market rents and lease-up of the remaining vacancy.
The property’s strong anchor tenant roster provides long-term income stability through multiple
renewal options extending well into the 2030s, while existing tenants benefit from close proximity
to Parkway Plaza mall’s 6.4 million annual visitors.
Located in a dense trade area with over 169,523 people within a three-mile radius, the property
benefits from exceptional consumer demand, substantial daily foot traffic generated by the
adjacent mall, and outstanding visibility and access from Interstate 8 and the San Vicente Freeway
(SR-67) with over 260,000 vehicles per day combined.
Data Room Click Here to Access
- Offering Memorandum
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
122,484 SF
Building Class
B
Year Built
1990
Percent Leased
97%
Tenancy
Multiple
Building Height
1 Story
Amenities
- Dedicated Turn Lane
- Freeway Visibility
- Signage
- Signalized Intersection
Nearby Major Retailers
1 of 7
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The Shops at Parkway Plaza | 111-181 Fletcher Pky
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