100% Leased Retail Shopping
1599 W Main Street El Centro, CA 92243
1599 W Main Street, El Centro, CA, 92243
Contact for pricing
For Sale
Contact for pricing
Pending
Shopping center is 100% leased to four regional credit tenants with scheduled annual rent increases.
Days on Market103
Property Features for 1599 W Main Street
General Information
- Standard status
- Pending
- Property subtype
- Retail, Office
Listing agency
Duhs Commercial Inc
(619) 269-6076
Listed by
Rob Bloom · License #CA 01302163
Source
Crexi
Added: Apr 10 Updated: Jul 20 at 7:32PM Checked: Jul 20 at 7:32PM
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
Location Intelligence
Current Use by Public Records
First Foundation Bank
Bank
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FAQs
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
