100% Leased Retail Shopping
For Sale
Contact for pricing
Pending
1599 W Main Street, El Centro, CA 92243
Shopping center is 100% leased to four regional credit tenants with scheduled annual rent increases.
Days on Market112
Property Features for 1599 W Main Street
General Information
Standard status
Pending
Property subtype
Retail, Office
Occupancy
100%
Additional Details
Cap Rate
7.45%
Building Details
Tenancy
Multi
Listing Agency:
Duhs Commercial Inc
(619) 269-6076
Listed By:
Rob Bloom · License #CA 01302163
Source:
Crexi
Added: Apr 10
Changed: Jul 20
Last Checked: Jul 29 at 7:53AM
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 Duhs Commercial Inc
Investment Insights
Based on property information with market context.
This shopping center is 100% leased to four regional credit tenants: First Foundation Bank, 8minutenergy, San Diego Comprehensive Pain Management Center, and D'Poly Family Restaurants. Leases include scheduled rent increases of 3.0% to 3.5% annually. The provided financial summary indicates a Year 2 cap rate of 7.45% with scheduled rent increases.
The property is supported by an association that handles many typical common area maintenance items, including landscaping, parking lot, exterior lighting, monument signs, and paint, with onsite management office within the center. The property is located at 1599 W Main Street in El Centro, CA 92243.
The property is supported by an association that handles many typical common area maintenance items, including landscaping, parking lot, exterior lighting, monument signs, and paint, with onsite management office within the center. The property is located at 1599 W Main Street in El Centro, CA 92243.
Key Highlights
- Shopping center 100% leased to four regional credit tenants: First Foundation Bank, 8minutenergy, San Diego Comprehensive Pain Management Center, and D'Poly Family Restaurants
- Scheduled annual rent increases of 3.0%–3.5% on all leases
- Year 2 cap rate of 7.45% with scheduled rent increases
Property Analytics
Current Use
Lease Details
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
291
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 92243, CA
49,149
Population
15,908
Households
3.1
Avg Household Size
36
Median Age
16%
College-Educated
74%
High-School Grad
113.3 sq mi
ZIP Area
434
Density / Sq Mi
$55,890
Median Household Income
$31,170
Median Earnings
$992
Median Rent
$286,100
Median Home Value
Market
Vacancy Rate% for Office in West region
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Frequently Asked Questions
What type of property is this?
Shopping center - Shopping center is 100% leased to four regional credit tenants with scheduled annual rent increases.
Where is this shopping center located?
The property is located at 1599 W Main Street El Centro, CA.
What are key features of this property?
This property features: Shopping center 100% leased to four regional credit tenants: First Foundation Bank, 8minutenergy, San Diego Comprehensive Pain Management Center, and D'Poly Family Restaurants; Scheduled annual rent increases of 3.0%–3.5% on all leases; Year 2 cap rate of 7.45% with scheduled rent increases
