CA > El Cajon
El Cajon, CA 92021,1068 Broadway
El Cajon, CA 92021,1068 Broadway
El Cajon, CA 92021,1068 Broadway
El Cajon, CA 92021,1068 Broadway
El Cajon, CA 92021,1068 Broadway
El Cajon, CA 92021,1068 Broadway
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Cameron Ripley

Cameron Ripley

+1(530) 635-0283
$ 6,450,000
Est. payment | /mo

50 Baths

15,632 SqFt

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$ 6,450,000
Est. payment | /mo
Save Video Tour

50 Baths

15,632 SqFt

Key Details

Property Type Commercial

Sub Type Commercial-Off/Rtl/Ind

Listing Status Active

Purchase Type For Sale

Square Footage 15,632 sqft

Price per Sqft $412

MLS Listing ID 250028048

Half Baths 100

Lot Size 0.890 Acres

Acres 0.89

Property Sub-Type Commercial-Off/Rtl/Ind

Property Description

Regional Realty is pleased to exclusively market for sale a proposed single tenant sale leaseback (NNN) to CRT Plasma offering over a 7% cap rate. The proposed sale leaseback terms include a 15-year lease with 2.5% annual rental escalations throughout the primary term and four 5-year renewal options. The lease will be absolute triple net and feature no landlord responsibilities. The submarket boasts an extremely low vacancy rate of 3% according to CoStar. The practice is led by a Johns Hopkins-trained transfusion medicine specialist and has experienced strong success. Please inquire with broker for financial information. The 15,632-square-foot building is strategically located along Broadway, a primary thoroughfare with traffic exceeding 24,700 vehicles per day. Broadway hosts a wide range of major retailers, including Target, Food 4 Less, The Home Depot, Best Buy, ALDI, and Home Goods, as well as Parkway Plaza, a regional shopping center featuring Dick's Sporting Goods, JC Penney, H&M, Regal Cinemas, Ashley, Bath & Body Works, and more. The property also offers close proximity to Interstate 8 (148,000 VPD) and CA-67 (100,000 VPD), enhancing accessibility. Situated in a densely populated area, the asset serves over 308,000 residents within a five-mile radius, with an average household income of $124,210.

Location

State CA

County San Diego

Area El Cajon (92021)

Interior

Heating Central Forced Air Elec, Central Forced Air Gas, Other/Remarks

Cooling Central Forced Air Elec

Flooring Other/Remarks, Slab

Exterior

Parking Features On Site, Other/Remarks, Private

Roof Type Other/Remarks

Building

Story 2

Lot Size Range .75 through 1.5 Acres

Others

Acceptable Financing Other/Remarks

Space Rent $469,000

Listing Terms Other/Remarks

Special Listing Condition N/K, Other/Remarks

San Diego Regional MLS (SDMLS)
Listed by Brandon Long • Regional Realty & Investments Inc.
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"My mission as your Realtor is to build trust-based relationships and exceed your expectations, ensuring a seamless and rewarding real estate experience."

+1(530) 635-0283

info@visionforwardrealty.com

8150 Sierra College Blvd Ste 130

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1068 Broadway