5933-43 El Cajon Blvd - Storefront Retail/Office FOR SALE


San Diego, CA 92115- El Cerrito
$2,000,000 USD
760-518-6552
5933-43 El Cajon Blvd, San Diego, CA for Sale
$2,000,000 USD
Storefront Retail/Office - FOR SALE
1/7
null | Request Cap Rate

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5933-43 El Cajon Blvd
San Diego, CA 92115
El Cerrito


HIGHLIGHTS

  • Owner User/Investment Opportunity
  • Redevelopment Opportunity
  • College Area - 1 Mile from SDSU

OVERVIEW

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.

FOR SALE DETAILS

PRICE

$2,000,000 USD

PRICE/SF

$574 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1968

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.26 AC

LAND SF

11,108 SF

ZONING

CUPD-CU-2-4

APN/PARCEL ID

466-750-33-00

ASK ABOUT THIS PROPERTY

Nick KaneColdwell Banker Commercial-WestMore Info
760-518-6552

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Nick KaneColdwell Banker Commercial-WestMore Info
760-518-6552

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