This feature is unavailable at the moment.

We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.

Please check back in a few minutes. We apologize for the inconvenience.

- LoopNet Team

You must register your contact information to view secure information on this listing.
You must register your contact information to view secure information on this listing.

Share This Listing

Please enter a valid email address.

Note: To send this property to multiple individuals, insert a semi-colon between each recipient's email address.

LoopNet has taken a strong stance against the practice of sending unsolicited commercial emails, also known as "spam." Please send these emails only to people you know who would be interested in this property. If someone asks you not to send these emails to them, please comply.

thank you

Your email has been sent!

7-Eleven Anchored Center with Gas

2 Properties Offered at £3,427,960 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 £3,427,960
Price / SF £419.89 / SF
Net Initial Yield 4.01%
Sale Type Investment NNN
Status In Exchange
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
7-11 Center
1522 Graves Ave, El Cajon, CA 92021
Retail 4,900 SF - -
1524 Graves Ave, El Cajon, CA 92021 Office 3,264 SF - -
Show More > < Show Less
  • Listing ID: 31535787

  • Date on Market: 17/04/2024

  • Last Updated:

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

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, 'rating') }}
255 character limit ({{ remainingChars() }} characters remainingover)
{{ getErrorText(feedbackForm.msg, 'rating') }}
{{ getErrorText(feedbackForm.fname, 'first name') }}
{{ getErrorText(feedbackForm.lname, 'last name') }}
{{ getErrorText(feedbackForm.phone, 'phone number') }}
{{ getErrorText(feedbackForm.phonex, 'phone extension') }}
{{ getErrorText(feedbackForm.email, 'email address') }}