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1068 Broadway, El Cajon, CA 92021
Priced at Only: $6,450,000
For more Information Call Mobile: 714.478.6676
Address: 1068 Broadway, El Cajon, CA 92021
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  • MLS#: 250028048SD ( )
  • Street Address: 1068 Broadway
  • Viewed: 1
  • Price: $6,450,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: Not Available
  • Bldg sqft: 0
  • Days On Market: 9
  • Additional Information
  • County: SAN DIEGO
  • City: El Cajon
  • Zipcode: 92021
  • Provided by: Regional Realty & Investments Inc.
  • Contact: Brandon Brandon
  • California Regional MLS IDX
  • DMCA Notice
  • Description
    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 Dicks 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.
Features
Construction Materials
  1. Other
Country
  1. US
Heating
  1. Forced Air
  2. See Remarks
Inclusions
Parcel Number
  1. 4842933400
Headshot for Associate Xavier Gomez
  1. Xavier Gomez, BrkrAssc,CDPE
  2. RE/MAX College Park Realty
  3. BRE 01736488
  4. Mobile: 714.478.6676
  5. Fax: 714.975.9953
  6. salesbyxavier@gmail.com
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