411 Broadway El Cajon, CA 92021
- Turn key restaurants
- 2,553 SF
- 0.13 lot acres
Current Use by Public Records
- Santanas Mexican Grill / Mexican Restaurant / Burrito Restaurant
Property Details for 411 Broadway
- Lot size
- 0.13 lot acres
- Property size
- 2,553 SF
- Zone code
- COMMERCIAL
- Property type
- Turn key restaurants
- APN
- 483-241-02-00
- APU
- 4832410200
Description
This exceptional retail property at 411 Broadway, El Cajon, CA 92021, is offered for sale at $10,000,000. Boasting a substantial 2.54-acre lot (110,642 square feet), this fee-simple acquisition presents a compelling investment opportunity. The property's prime location near the intersection of I-8 and Highway 67 ensures high visibility and accessibility, attracting significant foot traffic and customer convenience. Its classification as a retail property suggests a strong potential for diverse commercial uses, benefiting from the established and thriving neighborhood. The property's financial performance is highlighted by its excellent income generation and attractive capitalization rate, making it an ideal asset for investors seeking a high-return investment in a desirable location. The large lot size offers significant potential for expansion or redevelopment, providing further opportunities to enhance the property's value and income stream. This is a rare opportunity to acquire a substantial retail property in a prime San Diego County location. The property's strategic positioning and strong financial performance make it a highly attractive investment prospect.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- El Cajon
- County
- San Diego
- State
- California
- Longitude
- -116.957
- Latitude
- 32.8074
- CBSA code
- 41740
- CBSA name
- SAN DIEGO-CARLSBAD-SAN MARCOS, CA METROPOLITAN STATISTICAL AREA
