790 Johnson Ave El Cajon, CA 92020
- Retail space
- 9,051 SF
- 0.79 lot acres
Current Use by Public Records
- Tire Choice Auto Service Centers / Tire Shop / Auto Repair Shop
- 5.11 Tactical / Outdoor Clothing And Equipment Shop / Bag Shop
Property Details for 790 Johnson Ave
- Year built
- 1975
- Lot size
- 0.79 lot acres
- Property size
- 9,051 SF
- Zone code
- INDUSTRIAL (M ZONE)
- Property type
- Retail space
- APN
- 482-240-30-00
- APU
- 4822403000
Description
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.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $2,800,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $2,600,000
- 6.5%
- $2,440,000
- 7%
- $2,675,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $2,925,000
- Geo Method
- $2,525,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $2,820,000
- Retail
- $2,605,000
- Mixed-Use
- $2,450,000
- Hospitality
- $2,775,000
- Educational
- $2,240,000
- Residential Income
- $2,300,000
- Energy
- $2,150,000
- Income-Based Land
- $2,055,000
- Food Service
- $2,065,000
Location Insight
- Map
- Local Demand
- City
- El Cajon
- County
- San Diego
- State
- California
- Longitude
- -116.972
- Latitude
- 32.8055
- CBSA code
- 41740
- CBSA name
- SAN DIEGO-CARLSBAD-SAN MARCOS, CA METROPOLITAN STATISTICAL AREA