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685-693 El Cajon Blvd 5,956 SF 100% Leased Retail Building El Cajon, CA 92020 $2,442,860 CAD ($410.15 CAD/SF)

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EXECUTIVE SUMMARY

BACK ON THE MARKET!!! BUYER DID NOT PERFORM - NO FAULT OF SELLER OR PROPERTY
This 5,956 square foot freestanding commercial property is located on a 10,008 square foot (0.21 acre) parcel. It is ideal for an owner/user, offering existing income with the potential for additional income. All current tenants are on NNN leases, providing stable income with low maintenance and minimal management responsibilities. The property features dedicated fenced and secured parking at the rear, with street parking available at the front. It is divisible and equipped with five separate electricity meters and gas service. The building is well-maintained, with a new roof and fresh paint. It enjoys excellent visibility from El Cajon Boulevard and easy access to Interstate 8. Additionally, the property is located in an Opportunity Zone, offering potential tax benefits.
A portion of the property is also available for lease. Please reach out to Adam Foster for more information. Thank you for your interest!

PROPERTY FACTS

Sale Type
Investment or Owner User
Sale Condition
Lease Option
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
5,956 SF
Building Class
C
Year Built
1975
Price
$2,442,860 CAD
Price Per SF
$410.15 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.65
Lot Size
0.21 AC
Opportunity Zone
Yes
Zoning
C2, El Cajon - G-C
Parking
13 Spaces (2.18 Spaces per 1,000 SF Leased)
Frontage
90’ on El Cajon

AMENITIES

  • Fenced Lot
  • Signage
  • Air Conditioning

NEARBY MAJOR RETAILERS

24 Hour Fitness
First Citizens Bank
San Diego County CU
Golden Corral
CrossFit
Chase Bank

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
487-511-02
Land Assessment
$717,382 CAD
Improvements Assessment
$1,114,232 CAD
Total Assessment
$1,831,614 CAD
  • Listing ID: 33401678

  • Date on Market: 2024-10-03

  • Last Updated:

  • Address: 685-693 El Cajon Blvd, El Cajon, CA 92020

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