The subject property is a ±5,400 square foot freestanding restaurant building situated on a +/-1.14-acre parcel of land in Calexico, California. Built in 2003, the property has operated as an Applebee’s Neighborhood Grill & Bar since that time. The building will be delivered vacant, presenting an investor or owner-user with the opportunity to acquire a well-maintained, restaurant-ready building at a basis well below replacement cost — offered at just $277.78/Sq. Ft.
The subject property fronts onto State Route 111 (Imperial Avenue) — Calexico’s most heavily trafficked commercial artery — with strong visibility, and approximately 37,041 vehicles per day. Adjacent to a Hampton Inn & Suites and near national retailers including Walmart, Pizza Hut, T-Mobile, Denny’s, and McDonald’s, the site benefits from consistent daily traffic from local residents, commuters, and cross-border visitors. The property is equipped with 109 on-site parking spaces, which equates to a parking ratio of roughly 20 spaces per 1,000 sq.ft.
The subject property is zoned Commercial Highway (CH), a designation that accommodates multiple conforming uses including full-service and fast-food restaurants, hotels and motels, shopping centers, supermarkets and pharmacies, medical and health service offices, banks and financial institutions, and athletic/health clubs.
Calexico is located in the El Centro MSA in the southeastern portion of Imperial County, directly adjacent to Mexicali — a metro area of over 1.2 million residents. The Calexico-Mexicali port of entry facilitates approximately 30,000 daily vehicle crossings, and cross-border shoppers from Mexicali represent a meaningful share of the city’s retail sales tax base. Ongoing public investment — including the Calexico West Land Port of Entry modernization, the Gran Plaza Outlets retail center, a new Calexico Unified School District high school campus, and downtown revitalization initiatives — continues to strengthen long-term demand in the trade area.
Within a 3-mile radius, the trade area population totals approximately 39,371 residents with an average household income of $80,415, reflecting a stable consumer base for retail and restaurant uses.