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    790 Johnson Ave El Cajon, CA 92020

    Sponsored
    For Sale
    $3,995,000

    High-yield retail property, strong tenants.

    Property size:
    9,051 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional retail investment property, located at 790 N Johnson Ave, El Cajon, CA 92020, presents a compelling opportunity. The 9,051 square foot building sits on a sizable 34,400 square foot lot and boasts a 5.07% cap rate, making it an attractive addition to any portfolio. Priced at $3,995,000 ($441.39/sq ft), this property offers a strong return on investment. Currently 100% occupied by two national credit tenants, ensuring stable income and minimal vacancy risk. The property features ample parking with 33 spaces, providing a convenient experience for customers and employees (3.65 spaces per 1,000 square feet). Its prime location across from a regional mall in East County San Diego ensures high visibility and foot traffic, maximizing potential for success. This is a rare opportunity to acquire a well-positioned, high-performing retail asset in a thriving market. Don't miss out on this chance to secure a valuable addition to your investment holdings. The property is classified as Retail and is situated in San Diego County.

    Property Features for 790 Johnson Ave

    General Information

    Property type
    Retail properties
    Square Feet
    9,051 SF

    HighLights

    • Fully occupied two‑tenant retail investment opportunity.
    • Investment‑grade national credit tenants in place.
    • 9,051 square foot building on a ±34,400 square foot lot.
    • Ample parking with a 3.65/1,000 SF ratio (33 spaces).
    • Excellent retail location directly across from a major regional mall in East County San Diego.
    • Offered at $3,995,000.
    Property Profile Location Intelligence

    Current Use by Public Records

    Tire Choice Auto ... Tire Shop 5.11 Tactical Outdoor Clothing And Equipment Shop

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Hair Salon Auto Repair Shop Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    El Cajon
    County
    San Diego
    State
    California
    Longitude
    -116.9715368
    Latitude
    32.8056149

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    FAQs

    What type of property is this?
    Retail property - High-yield retail property, strong tenants.
    Where is this retail property located?
    The property is located at 790 Johnson Ave El Cajon, CA.
    What is the asking price?
    The asking price for this property is $3,995,000.
    What are key features of this property?
    This property features: Fully occupied two-tenant retail investment opportunity.; Investment-grade national credit tenants in place.; 9,051 square foot building on a ±34,400 square foot lot.
    Request Owner's contact information
    790 Johnson Ave El Cajon, CA 92020
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    El Cajon, CA 92020
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    790 Johnson Ave El Cajon, CA 92020
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