Single-Tenant NNN Office
1068 Broadway El Cajon, CA 92021
1068 Broadway, El Cajon, CA, 92021
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For Lease
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Proposed absolute triple-net lease structure with a 15-year term, 2.5% annual escalations, and renewal options.
Property Size15,632 SF
Days on Market420
Property Features for 1068 Broadway
General Information
- Standard status
- Active
- Size
- 15,632 SF
- Property subtype
- Office
Spaces For Lease
at 1068 Broadway Contact us- Size
- 15,632 SF
- Type
- Office
$383.51/Mo
Listing agency
Regional Realty & Investments
(619) 990-3179
Listed by
Brandon Long · License #01382111
Source
Crexi
Added: May 29, 2025 Updated: Jul 22 at 12:52AM Checked: Jul 22 at 12:52AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Regional Realty & Investments
Investment Insights
Based on property information with market context.
This proposed single-tenant NNN offering features an absolute triple-net lease with no landlord responsibilities. The structure calls for a 15-year primary term with 2.5% annual rental escalations, followed by four 5-year renewal options. The property includes a 15,632-square-foot office building.
The asset is located along Broadway, described as a primary thoroughfare with traffic exceeding 24,700 vehicles per day. Broadway also includes major retailers such as Target, Food 4 Less, The Home Depot, Best Buy, ALDI, and Home Goods. Parkway Plaza, a regional shopping center, is also nearby and includes tenants such as Dick’s Sporting Goods, JC Penney, H&M, Regal Cinemas, Ashley, and Bath & Body Works.
Additional access is supported by proximity to Interstate 8 (148,000 VPD) and CA-67 (100,000 VPD). The submarket is described as having an extremely low vacancy rate of 3% per CoStar, serving over 308,000 residents within a five-mile radius with an average household income of $124,210.
The asset is located along Broadway, described as a primary thoroughfare with traffic exceeding 24,700 vehicles per day. Broadway also includes major retailers such as Target, Food 4 Less, The Home Depot, Best Buy, ALDI, and Home Goods. Parkway Plaza, a regional shopping center, is also nearby and includes tenants such as Dick’s Sporting Goods, JC Penney, H&M, Regal Cinemas, Ashley, and Bath & Body Works.
Additional access is supported by proximity to Interstate 8 (148,000 VPD) and CA-67 (100,000 VPD). The submarket is described as having an extremely low vacancy rate of 3% per CoStar, serving over 308,000 residents within a five-mile radius with an average household income of $124,210.
Key Highlights
- Proposed single‑tenant sale‑leaseback with an absolute triple‑net (NNN) lease and no landlord responsibilities
- 15‑year lease term with 2.5% annual rental escalations and four 5‑year renewal options
- Proposed offering described as over a 7% cap rate; broker can provide financial information
Property Analytics
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FAQs
What type of property is this?
Office building - Proposed absolute triple-net lease structure with a 15-year term, 2.5% annual escalations, and renewal options.
Where is this office building located?
The property is located at 1068 Broadway El Cajon, CA.
What is the lease rate?
The lease rate is $4,602 /Mo.
What are key features of this property?
This property features: Proposed single‑tenant sale‑leaseback with an absolute triple‑net (NNN) lease and no landlord responsibilities; 15‑year lease term with 2.5% annual rental escalations and four 5‑year renewal options; Proposed offering described as over a 7% cap rate; broker can provide financial information
