1283 E Main St - Office FOR SALE


El Cajon, CA 92021
$4,750,000 USD
858-360-3000
1283 E Main St, El Cajon, CA for Sale
$4,750,000 USD
Office - FOR SALE
1/3
null | 4.72% Cap Rate

Dec '25


1283 E Main St
El Cajon, CA 92021


HIGHLIGHTS

  • Meticulously Maintained Asset – New roof & landscaping completed in 2023
  • Separately Metered Electricity
  • Below Market Rents with many short-term leases in place

OVERVIEW

1283 E Main St presents a prime investment opportunity with a listed price of $4,750,000 ($252/SF). This ±18,800 SF multi-tenant office building, situated on a 32,670 SF (.75 acre) lot, features two floors and ±54 parking spaces. Built in 1974 and zoned C-G, the property benefits from recent capital improvements, including a new roof and upgraded landscaping completed in 2023. Strategically located just minutes from I-8 and I-67 in a high-traffic area surrounded by national retailers, the building offers separately metered electricity and flexible unit sizes, allowing occupancy of up to 15,792 SF by the end of 2025 to qualify for SBA financing. Currently operating with below-market rents and multiple short-term leases, 1283 E Main St offers substantial upside potential for investors. Billboard rights are also included in the sale.

FOR SALE DETAILS

PRICE

$4,750,000 USD

PRICE/SF

$253 USD /SF

CAP RATE

4.72%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

The Main Plaza

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

C

YEAR BUILT

1974

SPRINKLERS

-

PARKING SPACES

45

LAND DETAILS

LAND ACRES

0.75 AC

LAND SF

32,670 SF

ZONING

C-G

APN/PARCEL ID

489-210-23

ASK ABOUT THIS PROPERTY

Gino KalashoCommercial Asset AdvisorsMore Info
858-360-3000

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Gino KalashoCommercial Asset AdvisorsMore Info
858-360-3000

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.