1068 Broadway, El Cajon, CA 92021

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Glen Henderson

glen@phcoronado.com +1(619) 270-1180

$5,995,000

Est. payment - /mo

0.89 Acres Lot

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Key Details

Property Type Commercial

Sub Type Commercial-Off/Rtl/Ind

Listing Status Active

Purchase Type For Sale

MLS Listing ID 250028048

Lot Size 0.890 Acres

Property Sub-Type Commercial-Off/Rtl/Ind

Property Type Commercial-Off/Rtl/Ind

Property Description

Price improvement effective today! Regional Realty is pleased to exclusively market for sale a proposed single tenant sale leaseback (NNN) to CRT Plasma offering over a 7% cap rate. The proposed sale leaseback terms include a 15-year lease with 2.5% annual rental escalations throughout the primary term and four 5-year renewal options. The lease will be absolute triple net and feature no landlord responsibilities. The submarket boasts an extremely low vacancy rate of 3% according to CoStar. The practice is led by a Johns Hopkins-trained transfusion medicine specialist and has experienced strong success. Please inquire with broker for financial information. The 15,632-square-foot building is strategically located along Broadway, a primary thoroughfare with traffic exceeding 24,700 vehicles per day. Broadway hosts a wide range of major retailers, including Target, Food 4 Less, The Home Depot, Best Buy, ALDI, and Home Goods, as well as Parkway Plaza, a regional shopping center featuring Dick's Sporting Goods, JC Penney, H&M, Regal Cinemas, Ashley, Bath & Body Works, and more. The property also offers close proximity to Interstate 8 (148,000 VPD) and CA-67 (100,000 VPD), enhancing accessibility. Situated in a densely populated area, the asset serves over 308,000 residents within a five-mile radius, with an average household income of $124,210.

Location

State CA

County San Diego

Area East County

Direction N Mollison to Broadway or N 1st street to Broadway.

Interior

Heating Central Forced Air Elec, Central Forced Air Gas, Other/Remarks

Cooling Central Forced Air Elec

Flooring Other/Remarks, Slab

Fireplace No

Exterior

Parking Features On Site, Other/Remarks, Private

View Y/N No

Roof Type Other/Remarks

Building

Lot Description Free Standing

Story 2

Others

Senior Community No

Tax ID 4842933400

Acceptable Financing Other/Remarks

Listing Terms Other/Remarks

Special Listing Condition N/K, Other/Remarks

Virtual Tour https://www.propertypanorama.com/instaview/snd/250028048

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Listed by Brandon Long Regional Realty & Investments Inc.

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Glen Henderson

+1(619) 270-1180

Broker Associate | CA BRE #01384181

Broker Associate CA BRE #01384181

Coronado Communities

1068 Broadway El Cajon, CA 92021

Glen Henderson

Key Details

Location

Interior

Exterior

Building

Others

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All Coronado Homes for Sale by Map
Condos and Townhomes for Sale in Coronado
Single Family Homes for Sale in Coronado
Multi-Family Investment Properties for Sale in Coronado
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Rentals in Coronado

Coronado Cays Homes for Sale
Coronado Shores Condos for Sale
Coronado Village Homes and Condos for Sale
Bayfront Homes for Sale
Oceanview Homes for Sale
Country Club Estates Homes for Sale