Cash-Flowing Credit Anchored Retail Center | 1950 S 4th St
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Cash-Flowing Credit Anchored Retail Center 1950 S 4th St
19,772 SF 100% Leased Retail Building El Centro, CA 92243 $7,032,000 CAD ($356 CAD/SF) 8.27% Cap Rate
Investment Highlights
- Mission Center is a neighborhood retail center anchored by Sherwin-Williams on NNN lease terms and shadow anchored by McDonald’s with $379K in NOI.
- Sherwin-Williams has anchored since 1990, with the latest extension until 2028, and the popular La Fonda restaurant is a stable end-cap tenant.
- Site spans an entire city block with favorable General Commercial zoning enabling multiple tenant uses.
- S 4th Street is a primary retail corridor from CA to Mexico with strong national retail synergy nearby, including The Home Depot and 7-Eleven.
- Center is near Interstate 8, spanning from San Diego to Arizona, with significant traffic counts from 25K to 30K per day.
- Strong potential for additional income through EV or logistics parking
Executive Summary
- Fully Leased
- Located in a major way from California to Mexico
- Anchored by Sherwin Williams
- McDonald is a shadow anchor store
- Located in a major way from California to Mexico
- Anchored by Sherwin Williams
- McDonald is a shadow anchor store
Data Room Click Here to Access
- Offering Memorandum
- Operating and Financials
- Purchase Agreement
- Third Party Reports
- Title and Insurance
- Miscellaneous
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Retail
Building Size
19,772 SF
Building Class
C
Year Built
1990
Price
$7,032,000 CAD
Price Per SF
$356 CAD
Cap Rate
8.27%
NOI
$581,546 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.21
Land Acres
2.19 AC
Zoning
CG - General Commercial
Parking
81 Spaces (4.1 Spaces per 1,000 SF Leased)
Frontage
221 ft on S 4th St
Amenities
- Pylon Sign
- Signalized Intersection
Walk Score ®
Very Walkable (78)
PROPERTY TAXES
Parcel Number | 053-564-095-000 | Improvements Assessment | $6,721,114 CAD |
Land Assessment | $1,363,674 CAD | Total Assessment | $8,084,789 CAD |
PROPERTY TAXES
Parcel Number
053-564-095-000
Land Assessment
$1,363,674 CAD
Improvements Assessment
$6,721,114 CAD
Total Assessment
$8,084,789 CAD
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Cash-Flowing Credit Anchored Retail Center | 1950 S 4th St
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