El Cajon Retail for Sale - East County
This fully leased, two-tenant retail property at 790 N Johnson Avenue in El Cajon, CA, presents an exceptional investment opportunity in a high-traffic retail corridor. The 9,051-square-foot building sits on a 34,400-square-foot lot and is 100% occupied by two strong national credit tenants: Tire Choice Auto Service Center and 5.11 Tactical. Both tenants operate under long-term NNN leases, providing stable income and minimal landlord responsibilities.
Tire Choice, backed by Monro (NasdaqGS: MNRO), occupies 4,424 SF with a lease expiring in November 2026 and an annual NNN income of $86,784. 5.11 Tactical, owned by Compass Diversified Holdings (NYSE: CODI), occupies 4,627 SF with a lease extending through January 2033, generating $115,675 annually. Combined, the property delivers an annual NNN income of $202,459 and a cap rate of 5.07%.
Strategically located across from a major regional mall in East County San Diego, the property benefits from excellent visibility, strong traffic counts, and proximity to Interstate 8 and State Route 67. With a competitive parking ratio of 3.65 spaces per 1,000 SF and options for future rent escalations, this asset offers long-term stability and growth potential in a thriving retail market.
