CA > El Cajon
El Cajon, CA 92021,1068 Broadway
El Cajon, CA 92021,1068 Broadway
El Cajon, CA 92021,1068 Broadway
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your advisor will contact you to discuss available opportunities.
In-PersonVirtual Tour
Thu
22
May
Fri
23
May
Sat
24
May
The Warburton Team Brokered By EXp

The Warburton Team Brokered By EXp

+1(626) 630-2141
$6,450,000
Est. payment /mo
0.89 Acres Lot
Save

UPDATED:

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

MLS Listing ID 250028048SD

HOA Y/N No

Lot Size 0.890 Acres

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 92021 - El Cajon

Interior

Heating Forced Air, See Remarks

Inclusions , ,

Fireplace No

Others

Tax ID 4842933400

Read Less Info
California Regional MLS (CRMLS)
Listed by Brandon Long • Regional Realty & Investments Inc.

MORTGAGE CALCULATOR

Use our home loan calculator to estimate your total mortgage payment, including taxes and insurance. Simply enter the price of the home, your down payment, and details about the home loan, to calculate your mortgage payment, schedule, and more.
$
$
%
%
Advanced
Payment
Schedule
Your mortgage payments over 30 years will add up to $0.
 
Serving Southern California

Custom Quick Search Tools To Explore Nearby Zip Codes, Cities & Neighborhoods In Your Preferred Destinations

There are 30 quick searches