3451-3465 El Cajon Blvd - Sports and Entertainment FOR SALE


San Diego, CA 92104- Corridor
$5,625,000 USD
619-567-2677
3451-3465 El Cajon Blvd, San Diego, CA for Sale
$5,625,000 USD
Sports and Entertainment - FOR SALE
1/12
null | 3% Cap Rate

NEW


3451-3465 El Cajon Blvd
San Diego, CA 92104
Corridor


OVERVIEW

This offering presents a rare opportunity to acquire a two-building retail and office property in the vibrant North Park neighborhood of San Diego. Spanning approximately 19,953 square feet on a 13,383-square-foot lot, the property is positioned along El Cajon Boulevard, one of the city’s most active commercial corridors. The asset features a mix of ground-floor retail and upper-level creative space, with recent renovations enhancing its appeal for a variety of uses. The property is currently income-producing with multiple tenants in place, generating stable cash flow and offering upside through lease-up of available space. Zoned CT-2-3 and CU-2-3, the site also benefits from inclusion in a Transit Area Overlay Zone and Sustainable Development Area, providing potential for future mixed-use redevelopment. With a proforma cap rate of 7.05% and an asking price of $5,625,000, this property offers investors a compelling combination of current income and long-term value in one of San Diego’s most desirable urban submarkets.

FOR SALE DETAILS

PRICE

$5,625,000 USD

PRICE/SF

$282 USD /SF

CAP RATE

3%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Sports and Entertainment

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

B

YEAR BUILT

1982

SPRINKLERS

-

PARKING SPACES

2

LAND DETAILS

LAND ACRES

0.31 AC

LAND SF

13,504 SF

ZONING

CT-2-3 & CU-2-3

APN/PARCEL ID

447-232-01

ASK ABOUT THIS PROPERTY

Ryan KingCAST Capital PartnersMore Info
619-567-2677

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Ryan KingCAST Capital PartnersMore Info
619-567-2677

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