562-810-1282
111-181 Fletcher Pky, El Cajon, CA for Sale
Storefront - FOR SALE
1/6
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111-181 Fletcher Pky
El Cajon, CA 92020


HIGHLIGHTS

  • Prime Location Adjacent to Major Regional Mall
  • Neighborhood Grocery Anchored Retail With Pads
  • Dense Population Base Surrounding The Property
  • Strong Sales Performance Demonstrates Market Appeal
  • Premier National Tenant Lineup
  • Investment-Grade National Tenancy

OVERVIEW

JLL is pleased to present The Shops at Parkway Plaza, a grocery anchored center totaling approximately 122,484 square feet located in El Cajon, CA, adjacent to a prominent regional shopping destination. The property features an exceptional investment-grade national tenant roster including Best Buy, HomeGoods, Aldi, Texas Roadhouse, and Applebee’s. The Shops at Parkway Plaza are 96.6% occupied, providing strong stable cash flow with immediate NOI growth opportunity through mark-to-market rents and lease-up of the remaining vacancy. The property’s strong anchor tenant roster provides long-term income stability through multiple renewal options extending well into the 2030s, while existing tenants benefit from close proximity to Parkway Plaza mall’s 6.4 million annual visitors. Located in a dense trade area with over 169,523 people within a three-mile radius, the property benefits from exceptional consumer demand, substantial daily foot traffic generated by the adjacent mall, and outstanding visibility and access from Interstate 8 and the San Vicente Freeway (SR-67) with over 260,000 vehicles per day combined.

FOR SALE DETAILS

PRICE

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CAP RATE

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% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

The Shops at Parkway Plaza

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1990

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

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LAND SF

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ZONING

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APN/PARCEL ID

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ASK ABOUT THIS PROPERTY

562-810-1282

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562-810-1282

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