For Sale
$5,000,000
1950 4Th St El Centro, CA 92243
Retail investment, high cap rate, strong tenants
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 136
Highlights
- $5,000,000 asking price for a 19,377 SF net-leased shopping center in El Centro, CA.
- 8.03% cap rate with a $401,544 NOI.
- Strong anchor tenants include Sherwin-Williams and McDonald's.
- Diverse tenant mix with six tenants total, including La Fonda Mexican restaurant and NAMI San Diego.
- Significant value-add opportunity with approximately 25,000 SF of vacant land.
Property Details for 1950 4Th St
- Property type
- Lifestyle centers, Power centers
- Square Feet
- 19,377 SF
- Year Renovated
- 2023
- Stories
- 1
- Lot Size (sq. ft)
- 95,396 SF
- Units
- 9
Location Insight
- City
- El Centro
- County
- Imperial
- State
- California
- Latitude
- 32.777171701047
- Longitude
- -115.55308839447
Nearby Similar for Sale
FAQs
- What type of property is this?
- Lifestyle center - Retail investment, high cap rate, strong tenants
- Where is the lifestyle center located?
- The property is located at 1950 4Th St El Centro, CA.
- What is the asking price?
- The asking price for this property is $5,000,000.
- What are key features of this property?
- This property features: $5,000,000 asking price for a 19,377 SF net-leased shopping center in El Centro, CA.; 8.03% cap rate with a $401,544 NOI.; Strong anchor tenants include Sherwin-Williams and McDonald's.
- How can I contact the broker?
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