111-181 Fletcher Pky
El Cajon, CA 92020
The Shops at Parkway Plaza · Commerce de détail Propriété À vendre

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.