7150 El Cajon Blvd San Diego, CA 92115

The subject property is a 22,689 square foot medical office building with a long-term corporate-secured lease by Grifols Biomat USA Blood Plasma Center. The current lease expires on March 31, 2023, with two additional five-year extensions available until 2033. The tenant has occupied the property since 2008 and has invested approximately $2,700,000 in improvements. The property is located on El Cajon Boulevard in San Diego's College submarket, less than one mile south of I-8. The surrounding area includes a residential community and various commercial tenants. The location benefits from proximity to San Diego State University, dense infill housing, and the city of La Mesa. The property experiences an average traffic volume of approximately 20,000 cars per day and has access to public transportation. The property is suitable for a blood plasma center. The current rental rate is $20.64 per square foot gross, with the landlord responsible for maintenance and taxes, and the tenant responsible for utilities.