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1283 E Main St
El Cajon, CA 92021
The Main Plaza · Bureau Propriété À vendre
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FAITS SAILLANTS DE L'INVESTISSEMENT
- Meticulously Maintained Asset – New roof & landscaping completed in 2023
- Below Market Rents with many short-term leases in place
- Separately Metered Electricity
RÉSUMÉ DE L'ANNONCE
1283 E Main St presents a prime investment opportunity with a listed price of $4,750,000 ($252/SF). This ±18,800 SF multi-tenant office building, situated on a 32,670 SF (.75 acre) lot, features two floors and ±54 parking spaces. Built in 1974 and zoned C-G, the property benefits from recent capital improvements, including a new roof and upgraded landscaping completed in 2023.
Strategically located just minutes from I-8 and I-67 in a high-traffic area surrounded by national retailers, the building offers separately metered electricity and flexible unit sizes, allowing occupancy of up to 15,792 SF by the end of 2025 to qualify for SBA financing. Currently operating with below-market rents and multiple short-term leases, 1283 E Main St offers substantial upside potential for investors. Billboard rights are also included in the sale.
Strategically located just minutes from I-8 and I-67 in a high-traffic area surrounded by national retailers, the building offers separately metered electricity and flexible unit sizes, allowing occupancy of up to 15,792 SF by the end of 2025 to qualify for SBA financing. Currently operating with below-market rents and multiple short-term leases, 1283 E Main St offers substantial upside potential for investors. Billboard rights are also included in the sale.
FAITS SUR LA PROPRIÉTÉ
Type de vente
Investissement ou propriétaire utilisateur
Type de propriété
Bureau
Taille du bâtiment
18 800 pi²
Classe d’immeuble
C
Année de construction
1974
Prix
6 542 223 $ CAD
Prix par pi²
347,99 $ CAD
Taux de capitalisation
4,72%
Revenu net d’exploitation
308 728 $ CAD
Pourcentage loué
16%
Location
Multiples
Hauteur du bâtiment
2 étages
Superficie de plancher typique
9 400 pi²
Dalle à dalle
8’
Coefficient d’occupation des sols de l’immeuble
0,58
Taille du lot
0,75 AC
Zonage
C-G
Stationnement
45 places (2,39 places par 1 000 pi² loué)
Impôts fonciers
| Numéro de lot | 489-210-23 | Évaluation des bâtiments | 2 481 881 $ CAD |
| Évaluation du terrain | 1 527 312 $ CAD | Évaluation totale | 4 009 193 $ CAD |
Impôts fonciers
Numéro de lot
489-210-23
Évaluation du terrain
1 527 312 $ CAD
Évaluation des bâtiments
2 481 881 $ CAD
Évaluation totale
4 009 193 $ CAD
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