El Cajon Blvd
For Sale
Contact for pricing
6302 El Cajon Blvd, San Diego, CA 92115
Flexible retail or office space on El Cajon Blvd.
Property Size2,879 SF
Price / SF$519.28
Days on Market156
Property Features for 6302 El Cajon Blvd
General Information
Standard status
Active
Size
2,879 SF
Property subtype
Retail
Zoning
CUPD-2-3
Lease Type
Modified Gross
Building Details
Year Built
1960
Units
2
Tenancy
Multi
Listing Agency:
Infinity Investment Properties
Listed By:
Lev Mizan · License #CA 01998777
Source:
Crexi
Added: Mar 11
Changed: Aug 7
Last Checked: Aug 12 at 1:26PM
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 Infinity Investment Properties
Investment Insights
Based on property information with market context.
This commercial property, offering 2879 square feet of space, presents a prime opportunity for an owner-user. The property is located on El Cajon Boulevard and is suitable for either retail or office use, offering flexibility for various business operations.
Key Highlights
- Prime owner‑user opportunity
- Flexible retail/office space
- Located on El Cajon Blvd
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$69,496
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.65%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,389,920
$1.4M
Cap Rate 7%
$992,800
$992.8K
Cap Rate 9%
$772,178
$772.2K
Market Conditions
NOI Build-Up for 2,879 SF
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.
Gross rent
$103.6K $36.00/SF
− Vacancy
−$4.4K −$1.52/SF
EGI
$99.3K $34.48/SF
− OpEx
−$29.8K −$10.35/SF
NOI
$69.5K $24.14/SF
Area
San Diego, CA
Vacancy
4.21%
Lease Rate
$36.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,389,920
Cap Rate 7%
$992,800
Cap Rate 9%
$772,178
Alternative Uses
Best Use
Retail
$992.8K
$868.7K – $1.16M
NOI $69,496 @ 7.0% cap · market cap 4.65%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$1.14M
$995.0K – $1.33M
NOI $79,599 @ 7.0% cap · market cap 5.32%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,484
Businesses Nearby
198k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 39%
Groceries 34%
Shops & Services 18%
Apparel 6%
VONS
Groceries
47,332 visits/mo
0.3 miles
Smart & Final
Groceries
20,821 visits/mo
0.2 miles
Chipotle Mexican Grill
Dining
14,968 visits/mo
0.3 miles
Burger King
Dining
12,305 visits/mo
0.3 miles
Popeyes Louisiana Kitchen
Dining
11,851 visits/mo
0.3 miles
Demographics for 92115, CA
64,251
Population
23,448
Households
2.7
Avg Household Size
30
Median Age
39%
College-Educated
87%
High-School Grad
6.2 sq mi
ZIP Area
10,363
Density / Sq Mi
$75,178
Median Household Income
$36,061
Median Earnings
$1,875
Median Rent
$722,500
Median Home Value
Market
Vacancy Rate% for Retail in San Diego, CA
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - Flexible retail or office space on El Cajon Blvd.
Where is this retail space located?
The property is located at 6302 El Cajon Blvd San Diego, CA.
What is the asking price?
The asking price for this property is $1,495,000.
What are key features of this property?
This property features: Prime owner‑user opportunity; Flexible retail/office space; Located on El Cajon Blvd
