790 N Johnson Ave - Freestanding FOR SALE


El Cajon, CA 92020
$3,995,000 USD
619-456-0800
790 N Johnson Ave, El Cajon, CA for Sale
$3,995,000 USD
Freestanding - FOR SALE
1/7
null | 5.07% Cap Rate

790 N Johnson Ave
El Cajon, CA 92020


HIGHLIGHTS

  • Fully leased two-tenant retail property with national credit tenants.
  • Long-term NNN leases providing stable income and minimal management.
  • Prime location across from a regional mall in East County San Diego.
  • Excellent visibility and access near Interstate 8 and State Route 67.
  • Strong parking ratio with 33 dedicated spaces for customer convenience.
  • Attractive investment with a 5.07% cap rate and future rent escalations.

OVERVIEW

This fully leased, two-tenant retail property at 790 N Johnson Avenue in El Cajon, CA, presents an exceptional investment opportunity in a high-traffic retail corridor. The 9,051-square-foot building sits on a 34,400-square-foot lot and is 100% occupied by two strong national credit tenants: Tire Choice Auto Service Center and 5.11 Tactical. Both tenants operate under long-term NNN leases, providing stable income and minimal landlord responsibilities. Tire Choice, backed by Monro (NasdaqGS: MNRO), occupies 4,424 SF with a lease expiring in November 2026 and an annual NNN income of $86,784. 5.11 Tactical, owned by Compass Diversified Holdings (NYSE: CODI), occupies 4,627 SF with a lease extending through January 2033, generating $115,675 annually. Combined, the property delivers an annual NNN income of $202,459 and a cap rate of 5.07%. Strategically located across from a major regional mall in East County San Diego, the property benefits from excellent visibility, strong traffic counts, and proximity to Interstate 8 and State Route 67. With a competitive parking ratio of 3.65 spaces per 1,000 SF and options for future rent escalations, this asset offers long-term stability and growth potential in a thriving retail market.

FOR SALE DETAILS

PRICE

$3,995,000 USD

PRICE/SF

$441 USD /SF

CAP RATE

5.07%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Auto Dealership, Storefront, Showroom

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1975

SPRINKLERS

-

PARKING SPACES

33

LAND DETAILS

LAND ACRES

0.79 AC

LAND SF

34,412 SF

ZONING

CR

APN/PARCEL ID

482-240-30

ASK ABOUT THIS PROPERTY

William StroccoSt. Rocco PropertiesMore Info
619-456-0800

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William StroccoSt. Rocco PropertiesMore Info
619-456-0800

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