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944 Broadway 3,021 SF Retail Building El Cajon, CA 92021 $1,700,172 CAD ($562.78 CAD/SF) 5.06% Cap Rate
Investment Highlights
- Heavy Traffic on Broadway Ave,
- Plenty of off street parking
- Good eye appeal of remodeled site
Executive Summary
Building is leased to A-1 Auto Glass and Window tinting service. Leased Site for sale to settle estate, NOT a probate sale. Leased for 5 years with one 5 year option, by tenant of the last 5 years. Current tenant did an extensive remodel of the site, a few years ago, with: new roof, new asphalt parking pavement, new fencing, building image refreshed and painted. Site has 2 truck doors for servicing plus 2 garages and plenty of parking.
Financial Summary (Actual - 2025) |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$99,817
|
$33.04
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,817
|
$33.04
|
| Taxes |
$3,439
|
$1.14
|
| Operating Expenses |
$9,453
|
$3.13
|
| Total Expenses |
$12,892
|
$4.27
|
| Net Operating Income |
$86,926
|
$28.77
|
Financial Summary (Actual - 2025)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $99,817 |
| Annual Per SF | $33.04 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $99,817 |
| Annual Per SF | $33.04 |
| Taxes (CAD) | |
|---|---|
| Annual | $3,439 |
| Annual Per SF | $1.14 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $9,453 |
| Annual Per SF | $3.13 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $12,892 |
| Annual Per SF | $4.27 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $86,926 |
| Annual Per SF | $28.77 |
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
3,021 SF
Building Class
C
Year Built/Renovated
1960/2022
Price
$1,700,172 CAD
Price Per SF
$562.78 CAD
Cap Rate
5.06%
NOI
$86,107 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.28
Lot Size
0.25 AC
Zoning
C-G - Commercial, Retail and Apartments .
Parking
15 Spaces (4.97 Spaces per 1,000 SF Leased)
Frontage
106’ on Broadway Ave
Amenities
- Signage
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
- A1 Glass Co
- Retailer
- -
- -
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| A1 Glass Co | Retailer | - | - | - |
Moderately walkable
60/100
Exceptionally drivable
90/100
Limited public transit
30/100
Fairly bikeable
40/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 484-291-07 | Total Assessment | $290,122 CAD |
| Land Assessment | $96,483 CAD | Annual Taxes | $3,439 CAD ($1.14 CAD/SF) |
| Improvements Assessment | $193,639 CAD | Tax Year | 2025 |
Property Taxes
Parcel Number
484-291-07
Land Assessment
$96,483 CAD
Improvements Assessment
$193,639 CAD
Total Assessment
$290,122 CAD
Annual Taxes
$3,439 CAD ($1.14 CAD/SF)
Tax Year
2025
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944 Broadway
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