9480 Cuyamaca St Santee, CA 92071-5903
- Medical offices
- 5,079 SF
- 0.37 lot acres
Current Use by Public Records
- The Dental Express Santee - Dentist in Santee, CA / Dentist / Cosmetic Dentist
Property Details for 9480 Cuyamaca St
- Year built
- 2017
- Lot size
- 0.37 lot acres
- Property size
- 5,079 SF
- Zone code
- COMMERCIAL
- Property type
- Medical offices
- Property subtype
- Medical centers
- APN
- 381-682-24-00
- APU
- 3816822400
Description
This exceptional investment opportunity presents a 5,079 square foot retail shopping center located at 9480 Cuyamaca St, Santee, CA 92071. The property, built in 2017, sits on a 0.37-acre lot and boasts 100% occupancy with a strong tenant, Dental Express, under a triple-net (NNN) lease. The lease features a 10-year term with three 5-year options, each including a 3% annual rent increase. This ensures consistent and growing income for the investor. The property generates a substantial net operating income (NOI) of $250,760, resulting in an attractive 5.75% capitalization rate. The asking price is $4,361,043. Conveniently located as an outparcel to a major anchor tenant, Food for Less, the center benefits from excellent street visibility on Cuyamaca Street, experiencing approximately 24,000 cars per day, and offers multiple points of ingress and egress for easy access. Ample parking is available, providing 3.94 spaces per 1,000 square feet. This sale-leaseback transaction offers a secure and lucrative investment opportunity with significant long-term growth potential in a thriving San Diego County location. The property is a prime example of a stable, high-performing retail investment.
Value Estimations
-
AI approach
- Method
- Estimation
- ML approach
- $695,000
Get a detailed, property-specific valuation — fast and free
Location Insight
- Map
- Local Demand
- City
- Santee
- County
- San Diego
- State
- California
- Longitude
- -116.984
- Latitude
- 32.8491
- CBSA code
- 41740
- CBSA name
- SAN DIEGO-CARLSBAD-SAN MARCOS, CA METROPOLITAN STATISTICAL AREA
