790 Johnson AveEl Cajon, CA 92020

Property Details for 790 Johnson Ave

Year built

1975

Lot size

0.79 AC

Property size (Sq ft)

9,051 SF

Zone code

INDUSTRIAL (M ZONE)

Property type

Retail properties

Property subtype

Retail space

APN

482-240-30-00

APU

4822403000

Description

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.

• CAP approach

  CAP return

  Valuation

  6%

  $2,955,166

  6.5%

  $2,727,845

  7%

  $2,532,999

• Comparable approach

  Method

  Valuation

  Relative Method

  $3,753,550

  Geo Method

  $8,027,915

• Alternative Use

  Use

  Valuation

  Residential

  $2,301,040

  Hospitality

  $2,107,740

  Educational

  $1,753,615

  Medical

  $1,813,924

  Retail

  $2,727,845

Location Insight

City

El Cajon

County

San Diego

State

California

Latitude

32.8055

Longitude

-116.972

CBSA code

41740

CBSA name

SAN DIEGO-CARLSBAD-SAN MARCOS, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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