1620 N Imperial Ave, El Centro, CA
Stabilized investment property in El Centro's retail corridor.
- Added:
- Aug 22, 2024
- Days on Market:
- 662
- Last Refresh:
- May 19 at 9:03 pm
Property Features for 1620 N Imperial Ave
General Information
- Standard status
- Active
- Size
- 62,106 SF
- Lot size
- 17.29 Acres
- Property subtype
- RETAIL
Listing agent Craig Duhs License #01086079 (619) 540-1001
Listing office Duhs Commercial (619) 540-1001
Listing date Aug 22, 2024
Source Moodyscre
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
HighLights
- Stabilized Investment opportunity awaits.
- Dominant Grocery & Fitness Shadow Anchored Center, attracting consistent traffic.
- Upside in Below Market Rents, offering potential for increased revenue.
- Located in the Heart of the City’s Retail Corridor.
Overview
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $1.12M | $18.00 |
| − Vacancy | −$55.9k | −$0.90 |
| EGI | $1.06M | $17.10 |
| − OpEx | −$318.6k | −$5.13 |
| NOI | $743.4k | $11.97 |
Alternative Uses
Current Use by Public Records
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Location Insight
- Map
- Local Demand
- City
- El Centro
- County
- Imperial
- State
- California
- Longitude
- -115.571
- Latitude
- 32.8081
