?? Prime SDSU Retail Center | 100% Leased | Mixed-Use Upside | El Cajon Blvd
Exceptional opportunity to acquire a high-visibility, fully leased retail center located on El Cajon Blvd in San Diego’s College Area, approximately 1.3 miles from San Diego State University.
This income-producing property sits in a prime urban corridor and benefits from CUPD-CU-2-4 zoning, which supports future mixed-use redevelopment, including commercial on the ground floor with residential units above (subject to City approvals). Investors get the best of both worlds — strong in-place cash flow today with long-term upside tomorrow.
Key Highlights:
• 100% leased retail center
• 6,204 SF | Built in 2007
• Asking: $4,390,000 (˜ $708/SF)
• 5.5% cap rate | $239,634 annual base rent
• Strong tenant mix (food, service, national brand)
• High-traffic, signalized intersection
• Shared on-site parking
• CUPD-CU-2-4 zoning allows mixed-use potential
• Commercial ground floor + residential above opportunity
Ideal for 1031 exchange buyers, passive investors, or developers seeking a stabilized asset with redevelopment optionality in a supply-constrained San Diego submarket.
?? Confidential Offering Memorandum available upon request
?? CA/NDA required for additional details