3451-3465 El Cajon BlvdSan Diego, CA 92104

This exceptional San Diego investment opportunity presents a two-building commercial property totaling 19,953 square feet on a 13,383 square foot lot. Located in the highly desirable North Park neighborhood at 3451-3465 El Cajon Boulevard (zip code 92104), this property boasts a prime location near Interstate 805 and 15, offering easy access to major transportation routes. The property features a three-story building and a single-story retail storefront, currently generating $17,502 per month in net-net-net (NNN) lease income from five tenants. The asking price is $5,625,000, representing an attractive price per square foot of $286 and a pro-forma cap rate of 7.05%. The net rentable area is 8,007 square feet. The property is zoned CT-2-3 & CU-2-3, offering versatility for various uses. With its 20-foot ceilings and prominent El Cajon Boulevard location, this property presents significant potential for an owner-user or investor seeking a strong return in a thriving San Diego market. The property's location offers proximity to numerous dining, shopping, and entertainment options. This is an ideal opportunity for an event space, wedding venue, or music venue. The property's features include two buildings, three stories, and a multi-tenancy structure. The property is offered as an owner-user opportunity.