1522 Graves Ave El Cajon, CA 92021-2992

This exceptional investment opportunity presents a 100% occupied, multi-tenant retail center anchored by a 7-Eleven with a four-pump gas station, operating since 1976 under a triple-net lease. The property, located at 1522 Graves Avenue in El Cajon, CA 92021, boasts approximately 2,400 square feet for the 7-Eleven and an additional approximately 2,429 square feet of strip center space. A respected Sombreros Mexican Restaurant, with 16 locations across San Diego County and a nearly 30-year tenancy, is also a key tenant. The property also includes a 3,267 square foot, two-story office building. The site benefits from a prime location with high visibility from State Route 67 and the busy Bradley Avenue on/off ramp, situated at a signalized intersection with high traffic flow. The property's Net Operating Income (NOI) is $172,434, resulting in a 4.01% cap rate. The asking price is $4,300,000. The property offers potential for future development, including conversion of the office building to residential units or redevelopment into a Quick Service Restaurant (QSR) with a drive-thru. APN: 387-131-16-00