Retail / Commercial Building 997 Broadway 3,880 SF 100% Leased Retail Building El Cajon, CA 92021 $1,350,000 ($347.94/SF) 3.96% Cap Rate
EXECUTIVE SUMMARY
JUST FELL OUT OF ESCROW
• Total Building Size: Approx. 3,880 SF
UNIT A – 1,000 SF w/Bathroom
UNIT B – 1,000 SF w/Bathroom
UNIT C – 1,880 SF w/Bathroom
• Large Lot (100’ frontage x 150’ deep)
• Ample Front and Rear Parking
• Includes Grade Level Drive-Ins
2 Single Grade Level Doors
1 Double Grade Level Door
New Reduced Sale Price: $347/SF
• Total Building Size: Approx. 3,880 SF
UNIT A – 1,000 SF w/Bathroom
UNIT B – 1,000 SF w/Bathroom
UNIT C – 1,880 SF w/Bathroom
• Large Lot (100’ frontage x 150’ deep)
• Ample Front and Rear Parking
• Includes Grade Level Drive-Ins
2 Single Grade Level Doors
1 Double Grade Level Door
New Reduced Sale Price: $347/SF
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Freestanding
Building Size
3,880 SF
Building Class
C
Year Built
1979
Price
$1,350,000
Price Per SF
$347.94
Cap Rate
3.96%
NOI
$53,480
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.26
Lot Size
0.34 AC
Zoning
C-G
Parking
21 Spaces (5.41 Spaces per 1,000 SF Leased)
Frontage
78’ on Broadway Ave Ave
AMENITIES
- Signage
Walk Score®
Very Walkable (74)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 484-294-26 | Improvements Assessment | $475,837 |
| Land Assessment | $348,173 | Total Assessment | $824,010 |
