5933 El Cajon Boulevard includes a 2,482 SF sushi restaurant and 1,000 SF retail building on a 11,087 SF lot in the College Area - 1 mile from San Diego State University! It is an incredible owner-user opportunity that features a fully built-out kitchen, 2 ADA compliant restrooms, sushi bar, ABC license, and will be sold as is with all fixtures, furniture and appliances. The retail building features 2 retail tenants currently paying sub-market rents on month-to-month leases. Furthermore, the property is located in the CUPD-CU-2-4 zone and the Complete Communities Housing Solutions Tier 3 (6.5 FAR), which allows for significant redevelopment upside. El Cajon Blvd sees over 27,000 vehicles per day and the College Area is considered a retail hub that is anchored by notable retailers such as Vons, Trader Joes, Ralphs, and CVS. The current student population at SDSU is 39,000. SDSU also recently announced their $1B development initiative highlighting 7 new student housing towers to be built by 2030. SDSU's student housing development plan and other recent developments along El Cajon Blvd demonstrate the attractiveness of the submarket with significant investments being made to support the continued growth of the local economy.
90% SBA and seller financing available, please call brokers for more information.