El Cajon, CA 92021,1068 Broadway
El Cajon, CA 92021,1068 Broadway
El Cajon, CA 92021,1068 Broadway
El Cajon, CA 92021,1068 Broadway
El Cajon, CA 92021,1068 Broadway
El Cajon, CA 92021,1068 Broadway
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$ 5,995,000
Est. payment | /mo

0.89 Acres Lot


$ 5,995,000
Est. payment | /mo

0.89 Acres Lot

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 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

MLS Router / San Diego MLS
Listed by Brandon Long Regional Realty & Investments Inc.

Nearby Locations

SCHOOLSPROPERTIES
Elementary Schools 20
  • 8

    Rio Seco School

    Public | KG - 8

  • 8

    Literacy First Charter

    Public | KG - 12

  • 8

    Riverview Elementary School

    Public | 1 - 5

  • 8

    Vista Grande Elementary School

    Public | KG - 5

  • 8

    Lakeview Elementary School

    Public | KG - 5

  • 7

    Pepper Drive School

    Public | KG - 8

  • 7

    Bostonia Elementary School

    Public | PK - 5

  • 6

    Flying Hills School of the Arts

    Public | PK - 6

  • 6

    Hill Creek School

    Public | KG - 8

  • 5

    Eje Elementary Academy Charter

    Public | KG - 5

  • 5

    Madison Elementary School

    Public | KG - 5

  • 3

    Anza Elementary School

    Public | PK - 5

  • 3

    Lemon Crest Elementary School

    Public | KG - 5

  • 2

    Chase Avenue Elementary School

    Public | PK - 5

  • 2

    Lexington Elementary School

    Public | PK - 5

  • 2

    W. D. Hall Elementary School

    Public | KG - 5

  • 1

    Johnson Elementary School

    Public | PK - 5

  • 1

    Magnolia Elementary School

    Public | PK - 5

  • 1

    Naranca Elementary School

    Public | PK - 5

  • 1

    Meridian Elementary School

    Public | PK - 5

Middle Schools 8
  • 9

    River Valley Charter

    Public | 7 - 12

  • 8

    Eje Middle Academy

    Public | 6 - 8

  • 4

    Cajon Valley Middle School

    Public | 6 - 8

  • 4

    Montgomery Middle School

    Public | 6 - 8

  • 2

    Greenfield Middle School

    Public | 6 - 8

  • 1

    Emerald Middle School

    Public | 6 - 8

  • 0

    Cajon Valley Community Day

    Public | 6 - 8

  • 0

    Christian Jr/Sr High School

    Private | 7 - 12

High Schools 9
  • 7

    Grossmont High School

    Public | 9 - 12

  • 3

    Granite Hills High School

    Public | 9 - 12

  • 2

    El Cajon Valley High School

    Public | 9 - 12

  • 0

    Grossmont Union High Special Education Program

    Public | 9 - 12

  • 0

    Chaparral High School

    Public | 9 - 12

  • 0

    Phoenix High School

    Public | 9 - 12

  • 0

    Merit Academy

    Public | 9 - 12

  • 0

    Pacific Independent Education

    Private | 12 - 12

  • 0

    Reach Academy

    Public | 9 - 12

School and business data provided by Attom Data.
Craig Hulbert

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

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1068 Broadway