5100 El Cajon Blvd
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5100 El Cajon Blvd
7,040 SF 100% Leased Retail Building San Diego, CA 92115 £1,896,024 (£269/SF) 4.51% Net Initial Yield
Investment Highlights
- Excellent street frontage on 5100 El Cajon Blvd.
- Upside Rental Income Potential
- Five Tenants for diversification
- Download the Offering Memorandum from the Property Website for more details
Executive Summary
This is a rare opportunity to have commercial (auto repair business) and four residential tenants. One of the residential units is permitted for commercial but currently improved for residential. The auto-repair tenant X-Pert Paint & Body has been there since 2016. Their lease expires August 1, 2026 with no options to renew. Year Built shown here is an approximation, Seller does not know when it was built. Download the Offering Memorandum from the property website for more details.
Property Facts
Sale Type
Investment
Sale Condition
1031 Exchange
Property Type
Retail
Property Subtype
Building Size
7,040 SF
Building Class
C
Year Built
1985
Price
£1,896,024
Price Per SF
£269
Net Initial Yield
4.51%
NOI
£85,511
Percent Leased
100%
Tenancy
Multiple
Number of Floors
2
Building FAR
0.81
Land Acres
0.20 AC
Zoning
C-6 - Auto repair (& related) mixed-use
Parking
9 Spaces (1.28 Spaces per 1,000 SF Leased)
Frontage
61 ft on El Cajon
Amenities
- Bus Route
- Signage
Walk Score ®
Very Walkable (88)
Nearby Major Retailers
PROPERTY TAXES
Parcel Number | 472-012-10 | Improvements Assessment | £539,336 |
Land Assessment | £449,448 | Total Assessment | £988,784 |
PROPERTY TAXES
Parcel Number
472-012-10
Land Assessment
£449,448
Improvements Assessment
£539,336
Total Assessment
£988,784
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5100 El Cajon Blvd
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