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408 - 414 E 2nd Street, Calexico, CA

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408 - 414 E 2nd Street

Calexico, CA 92231-2847

Property Type:Retail Sub Type:- Status:Existing Year Built:-
Building Size:10,680 SF Land Area:.34 AC (14,810 SF)
For Sale Price:$1,100,000 Price/SF:$103.00
Cap Rate:7.50 %
Portfolio:This property is for sale (for $7,800,000) as part of a portfolio of 6 properties.

Sale Notes:
Retail strip center with four units measuring 2,672 sf each, street parking and egress rights to shared parking lot in rear of building. Rental increase potential for each unit.

Calexico is seeing an increase in residential development and business growth. Plans along the border included industry growth to include solar power, transportation, retail, and restaurant.
Located five blocks East of Imperial Ave. on East Second St. In close proximity to the border crossing

Coldwell Banker Commercial
Mike A Habib
(619) 463-6600

Alice Kulikowski
(619) 460-6600

Coldwell Banker
Mie Kim
(760) 672-4450

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