El Cajon Retail Building
997 Broadway El Cajon, CA 92021
997 Broadway, El Cajon, CA, 92021
Contact for pricing
For Sale
Contact for pricing
3,880 SF retail building with ample parking for sale.
Property Size3,880 SF
Lot Size0.34 Acres
Price / SF$347.94
Days on Market844
Property Features for 997 Broadway
General Information
- Standard status
- Active
- Size
- 3,880 SF
- Lot size
- 0.34 Acres
- Property subtype
- Retail
Building Details
- Year Built
- 1979
Listing Agency
Pacific Coast Commercial
(619) 379-3337
Listed by
Michael Glickstein · License #CA 01075370
Source
Crexi
Added: Mar 26, 2024 Checked: Jul 16 at 6:50 am
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 approximately 3,880 square foot building is available for sale. The property features a large lot with 100 feet of frontage and a depth of 150 feet, along with ample front and rear parking. The building is divided into three units: Unit A and Unit B each offer 1,000 square feet of space and include a bathroom, while Unit C provides 1,880 square feet and also has a bathroom. The property includes grade-level drive-in doors, with two single doors and one double door. Potential uses for the property include an antique shop, appliance repair or sales, beauty salon, child activity center or instructional studio, convenience market, general retail, hobby store, pawn shop, religious facility, restaurant or take-out, thrift shop or 99 cent store, and a veterinary clinic or animal grooming service.
Key Highlights
- Large Lot (100’ frontage x 150’ deep)
- Ample Front and Rear Parking
- Total Building Size: Approx. 3,880 SF
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $69.8k | $18.00 |
| − Vacancy | −$2.9k | −$0.76 |
| EGI | $66.9k | $17.24 |
| − OpEx | −$20.1k | −$5.17 |
| NOI | $46.8k | $12.07 |
3,880 SF · lease $18.00/SF/yr · vacancy 4.21% · expense 30.00%
Alternative Uses
Best Use
Retail
$669.0K
$585.4K – $780.5K
NOI $46,830 @ 7.0% cap · market cap 3.47%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$964.0K
$843.5K – $1.12M
NOI $67,481 @ 7.0% cap · market cap 5.00%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
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
Similar For Sale Nearby
FAQs
What type of property is this?
Retail space - 3,880 SF retail building with ample parking for sale.
Where is this retail space 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: Large Lot (100’ frontage x 150’ deep); Ample Front and Rear Parking; Total Building Size: Approx. 3,880 SF
