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997 Broadway El Cajon, CA 92021

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For Sale
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Three-Tenant Retail Building, High NOI

Property size:
3,880 SF

Property Features for 997 Broadway

General Information

Property type
Individual retail properties
Square Feet
3,880 SF
Lot Size
14,810 SF

Building Details

Year Built
1979
Buildings
1
Stories
1
Units
3

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Listing Contact
Michael Glickstein

Listing Agency: Pacific Coast Commercial Listing Agent: Michael Glickstein

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Property Insight Report

Overview

This exceptional value-add retail investment property, located at 997 Broadway in El Cajon, California (92021), offers a compelling opportunity. The 3,880 square foot building sits on a sizable 0.34-acre lot (100' frontage x 150' deep), providing ample front and rear parking. Currently boasting 100% occupancy with three tenants, the property generates a strong net operating income (NOI) of $54,440, resulting in a 4.00% cap rate. The asking price is $1,350,000, translating to $347.94 per square foot. Built in 1979, this single-story building features three units: Unit A (1,000 sq ft with bathroom), Unit B (1,000 sq ft with bathroom), and Unit C (1,880 sq ft with bathroom). Convenient grade-level access is provided by two single and one double grade-level doors. The property's prominent Broadway location offers excellent signage opportunities. This is a rare chance to acquire a well-located, multi-tenant retail building with significant upside potential in a thriving San Diego County market. The property's features include great signage, ample parking, and convenient access. The APN is 484-294-26. The lease type is gross.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

U-Haul Neighborhood Dealer Car Rental Facility Audio Shack Electronics & Wireless Store Montana Capital Bad ... Loan Service Pooch Bar Pet Grooming Service

Suggested Use

Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Grocery & Convenience Store Gym & Fitness Center

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
-116.9482172
Latitude
32.8073003

FAQs

What type of property is this?
Individual retail property - Three-Tenant Retail Building, High NOI
Where is this individual retail property located?
The property is located at 997 Broadway El Cajon, CA.
What is the asking price?
The asking price for this property is $1,350,000.
What are key features of this property?
This property features: Exceptional value-add retail investment opportunity in El Cajon, CA.; 3,880 SF building on a 0.34-acre lot with ample parking.; 100% occupancy with three tenants generating $54,440 NOI and a 4.00% cap rate.
(619) 379-3337 Call to check price and availability
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