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1360 N Magnolia Ave El Cajon, CA 92020

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For Sale
$7,691,000

NNN leased retail property with annual rent increases for sale.

Property size:
16,634 SF
Lot size:
1.56 Acres

Property Features for 1360 N Magnolia Ave

General Information

Size
16,634 SF
Lot size
1.56 Acres

Source: Colliers | Carlsbad Agent Thomas Ladt

Displayed information is deemed reliable but is not guaranteed and should be independently verified.


Overview

El Cajon Retail Investment Opportunity

This retail property, located in El Cajon, CA, features a 10-year NNN lease where the landlord is solely responsible for the structure. The property is leased to Sunstate Equipment Rentals, a provider of construction and industrial equipment with over 90 locations across 16 states. The lease includes 4% annual rent increases throughout the base term, with two 5-year renewal options at fair market value. The property size is 16,634 square feet.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

AJ Rental El ... Equipment Rental Agency AJ Rentals El ... Equipment Rental Agency Bachelor Party Event Planner Sunstate Equipment Equipment Rental Agency Halbert Construction Construction Company

Suggested Use

Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
El Cajon
County
San Diego
State
California
Longitude
-116.9628822
Latitude
32.7771292

FAQs

What type of property is this?
Retail space - NNN leased retail property with annual rent increases for sale.
Where is this retail space located?
The property is located at 1360 N Magnolia Ave El Cajon, CA.
What is the asking price?
The asking price for this property is $7,691,000.
What are key features of this property?
This property features: - Long-term, stable income stream with a 10-year NNN lease.; - Reliable tenant: Leased to Sunstate Equipment Rentals, a growing company with over 90 locations.; - Landlord responsibility limited to structure only.
More about this property
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