9480 Cuyamaca St Santee, CA 92071-5903
This exceptional investment opportunity presents a 5,079 square foot retail shopping center located at 9480 Cuyamaca St, Santee, CA 92071. The property, built in 2017, sits on a 0.37-acre lot and boasts 100% occupancy with a strong tenant, Dental Express, under a triple-net (NNN) lease. The lease features a 10-year term with three 5-year options, each including a 3% annual rent increase. This ensures consistent and growing income for the investor. The property generates a substantial net operating income (NOI) of $250,760, resulting in an attractive 5.75% capitalization rate. The asking price is $4,361,043. Conveniently located as an outparcel to a major anchor tenant, Food for Less, the center benefits from excellent street visibility on Cuyamaca Street, experiencing approximately 24,000 cars per day, and offers multiple points of ingress and egress for easy access. Ample parking is available, providing 3.94 spaces per 1,000 square feet. This sale-leaseback transaction offers a secure and lucrative investment opportunity with significant long-term growth potential in a thriving San Diego County location. The property is a prime example of a stable, high-performing retail investment.
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The Dental Express Santee - Dentist in Santee, CA Dental Office
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
COMMERCIAL · Santee, CACosts & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.