4224-4228 El Cajon Blvd 6,752 SF Retail Building San Diego, CA 92105 $5,409,241 CAD ($801.13 CAD/SF) 2.06% Cap Rate
INVESTMENT HIGHLIGHTS
- Tenants are on a month-to-month lease.
- Located near the freeway with a bus stop in front of property.
EXECUTIVE SUMMARY
Investor / developer wanted! Great opportunity to own this commercial property to build multi-family residential units & commercial spaces. Located near the freeway with a bus stop in front of property. Site-plan drawing for 78 residential units & 3 commercial spaces over 8 floors is available for serious buyer to review. Tenants are on a month-to-month lease.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
6,752 SF
Building Class
C
Year Built
1942
Price
$5,409,241 CAD
Price Per SF
$801.13 CAD
Cap Rate
2.06%
NOI
$111,178 CAD
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.55
Lot Size
0.28 AC
Zoning
C - Commercial
Frontage
123’ on El Cajon Blvd
AMENITIES
- Bus Line
- Pylon Sign
- Signage
- Signalized Intersection
- Air Conditioning
Walk Score®
Walker's Paradise (93)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 471-051-15 | Improvements Assessment | $529,221 CAD |
| Land Assessment | $655,042 CAD | Total Assessment | $1,184,263 CAD |
