Multi-Tenant Office
For Sale
Contact for pricing
533 Broadway, El Cajon, CA 92021
For-sale multi-tenant office property providing space for a range of professional uses.
Property Size11,554 SF
Price / SF$346.20
Days on Market126
Property Features for 533 Broadway
General Information
Standard status
Active
Size
11,554 SF
Property subtype
Office
Zoning
O-P
Investment Type
Stabilized
Net Operating Income
$146,216
Building Details
Year Built
1980
Units
11
Tenancy
Multi
Listing Agency:
Pacific Coast Commercial
Listed By:
Ken Robak · License #CA 01236527
(619) 666-4600
Source:
Crexi
Added: Jun 11
Changed: Oct 13
Last Checked: Oct 12 at 9:06PM
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 Pacific Coast Commercial
Investment Insights
Based on property information with market context.
This multi-tenant office building is offered for sale and is set up to serve multiple occupants within a single property. The asset totals 11,554 square feet and is positioned as an office-focused option for businesses that prefer to operate from a dedicated commercial building rather than a standalone site.
The property is located at 533 Broadway in El Cajon, California (92021). As a multi-tenant office format, it can support tenants that share building services and common areas while maintaining separate occupancy arrangements within the overall structure.
For buyers, this configuration may appeal to investors and owner-operators seeking an office building designed for multiple tenants. For prospective tenants or users, the multi-tenant nature can offer a practical path to securing office space in a purpose-built commercial setting. Because this is specifically described as an office building, it aligns best with professional services and other office-based operations that require consistent indoor workplace space and an established commercial tenancy structure.
The property is located at 533 Broadway in El Cajon, California (92021). As a multi-tenant office format, it can support tenants that share building services and common areas while maintaining separate occupancy arrangements within the overall structure.
For buyers, this configuration may appeal to investors and owner-operators seeking an office building designed for multiple tenants. For prospective tenants or users, the multi-tenant nature can offer a practical path to securing office space in a purpose-built commercial setting. Because this is specifically described as an office building, it aligns best with professional services and other office-based operations that require consistent indoor workplace space and an established commercial tenancy structure.
Key Highlights
- Multi‑tenant office building for a range of professional uses
- Built in 1980
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$170,275
Cap Rate
4.26%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,405,500
$3.4M
Cap Rate 7%
$2,432,500
$2.4M
Cap Rate 9%
$1,891,944
$1.9M
Market Conditions
NOI Build-Up for 11,554 SF
Gross rent
$260.7K $22.56/SF
− Vacancy
−$33.6K −$2.91/SF
EGI
$227.0K $19.65/SF
− OpEx
−$56.8K −$4.91/SF
NOI
$170.3K $14.74/SF
Area
El Cajon, CA
Vacancy
12.90%
Lease Rate
$22.56 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,405,500
Cap Rate 7%
$2,432,500
Cap Rate 9%
$1,891,944
Alternative Uses
Best Use
Office B
$2.43M
$2.13M – $2.84M
NOI $170,275 @ 7.0% cap · market cap 4.26%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.87M
$2.51M – $3.35M
NOI $200,949 @ 7.0% cap · market cap 5.02%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
1,354
Businesses Nearby
Explore this area
Business Placement
Demographics for 92021, CA
70,584
Population
23,360
Households
3
Avg Household Size
37
Median Age
22%
College-Educated
86%
High-School Grad
28.0 sq mi
ZIP Area
2,521
Density / Sq Mi
$69,979
Median Household Income
$37,739
Median Earnings
$1,818
Median Rent
$572,000
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in West region
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Frequently Asked Questions
What type of property is this?
Office building - For-sale multi-tenant office property providing space for a range of professional uses.
Where is this office building located?
The property is located at 533 Broadway El Cajon, CA.
What is the asking price?
The asking price for this property is $4,000,000.
What are key features of this property?
This property features: Multi‑tenant office building for a range of professional uses; Built in 1980
