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7-Eleven Anchored Center with Gas

2 Properties Offered at $4,300,000 in El Cajon, CA

Investment Highlights

  • 100% LEASED | Long-Term Tenants
  • ±2,429 SF Strip Center
  • ±3,267 SF 2-Story Office Building
  • 7-Eleven | ±2,400 SF | 4 Pump Gas
  • Sombrero Mexican Food (1 of 16 Locations)
  • Freeway Visible | Signalized Intersection

Executive Summary

Pacific Coast Commercial proudly presents an exceptional investment opportunity to acquire a 100% Leased 7-Eleven anchored commercial center.
PRIME LOCATION:
Positioned at a highly visible location from State Route 67, and situated on the busy Bradley Avenue on/off ramp. The property enjoys exceptional exposure and accessibility. Situated at a signalized intersection of Bradley Avenue and Graves Avenue, the property benefits from high traffic flow, excellent visibility and adjacent to high density residential neighborhood.

STABLE TRIPLE NET LEASE:
The 7-Eleven has been a tenant since 1976, operating under a triple net lease and backed by corporate stability. Additionally, 7-Eleven has a four-pump gas service.
DIVERSE TENANT PORTFOLIO:
The strip retail segment includes Sombreros Mexican Restaurant, a respected chain and a tenant for nearly 30 years, with 16 locations across San Diego County.

FLEXIBLE DEVELOPMENT POTENTIAL:
The property offers potential for conversion of office building to residential units or for redevelopment into a Quick Service Restaurant (QSR) with a drive-thru. These options present additional avenues for maximizing the property's value and returns.

Property Facts

Price $4,300,000
Price / SF $526.70 / SF
Cap Rate 4.01%
Sale Type Investment NNN
Status Under Contract
Number of Properties 2
Individually For Sale 0
Total Building Size 8,164 SF
Total Land Area 1.55 AC

Properties

Property Name / Address Property Type Size Year Built Individual Price
1524 Graves Ave, El Cajon, CA 92021 Office 3,264 SF - -
7-11 Center
1522 Graves Ave, El Cajon, CA 92021
Retail 4,900 SF - -
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  • Listing ID: 31535787

  • Date on Market: 4/17/2024

  • Last Updated:

  • Address: 7-Eleven Anchored Center with Gas, El Cajon, CA

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