For Sale
$3,995,000

790 Johnson AveEl Cajon, CA 92020

High-yield retail property, strong tenants.

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional retail investment property, located at 790 N Johnson Ave, El Cajon, CA 92020, presents a compelling opportunity. The 9,051 square foot building sits on a sizable 34,400 square foot lot and boasts a 5.07% cap rate, making it an attractive addition to any portfolio. Priced at $3,995,000 ($441.39/sq ft), this property offers a strong return on investment. Currently 100% occupied by two national credit tenants, ensuring stable income and minimal vacancy risk. The property features ample parking with 33 spaces, providing a convenient experience for customers and employees (3.65 spaces per 1,000 square feet). Its prime location across from a regional mall in East County San Diego ensures high visibility and foot traffic, maximizing potential for success. This is a rare opportunity to acquire a well-positioned, high-performing retail asset in a thriving market. Don't miss out on this chance to secure a valuable addition to your investment holdings. The property is classified as Retail and is situated in San Diego County.

Highlights

  • Fully occupied two-tenant retail investment opportunity.
  • Investment-grade national credit tenants in place.
  • 9,051 square foot building on a ±34,400 square foot lot.
  • Ample parking with a 3.65/1,000 SF ratio (33 spaces).
  • Excellent retail location directly across from a major regional mall in East County San Diego.
  • Offered at $3,995,000.

Property Details for 790 Johnson Ave

Property type
Retail properties
Square Feet
9,051 SF

Location Insight

City
El Cajon
County
San Diego
State
California
Latitude
32.8056149
Longitude
-116.9715368
790 Johnson Ave, El Cajon, California

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790 Johnson Ave
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