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7-Eleven

1021-45 W Washington Avenue
El Cajon, CA 92020
Availability: Price:$2,500,000 Size:7,100 SF
Shipping: Marcus & Millichap is pleased to present 1021-45 W Washington Avenue in El Cajon, CA.
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Description





Agents

BEN TASHAKORIAN | SENIOR MANAGING DIRECTOR


Senior Director: Institutional Property Advisors (IPA)
License: CA 01333884
Dir: (858) 373-3176
Fax: (858) 373-3110
btashakorian@ipausa.com

BRAD PETERS | Associate


Managing Partner: Tashakorian Group
License: CA 02025155
Dir: (858) 373-3227
Cell: (805) 208-6210
brad.peters@marcusmillichap.com

Description

Marcus & Millichap is pleased to present the retail offering of 1021-45 W Washington Avenue in El Cajon, California. The property is a multi-tenant, 7,100 square foot retail office building anchored by 7-Eleven. With global operations and with an international chain of convenience stores, 7-Eleven is a well-visited store and is the 24th largest retailer in the United States. Originally constructed in 1970, the property has been renovated in 2008. The subject property is strategically located right off of El Cajon Boulevard and in close proximity to I-8 freeway. The land area is 25,685 square feet with a zoning of CG (Commercial-General). There is amble parking with 24 surface spaces and great visibility on a main road.

Features

  • 7,100 Square Foot, Multi-Tenant, Retail Office Building
  • Excellent Location with High Visibility off of El Cajon Boulevard
  • Zoned for CG (Commercial – General)
  • Parking Ratio of 5.85 / 1,000 SF

Offering Price

$2,500,000

Net Rentable Area

7,100 SF

Price Per SF

$352.11

Mark To Market CAP Rate (97% Occupied)

6.29%

Mark To Market NOI

$157,218

Zoning

CG (Commercial - General)

Frontage

170 Ft on W Washington & 46 Ft on El Cajon Blvd

Parking Ratio

5.85 / 1,000 SF

Details

  • 22932286
  • Mixed-Use
  • Price:$2,500,000 Size:7,100 SF
  • New

Shipping Information

  • Item Requires Shipping
  • Marcus & Millichap is pleased to present 1021-45 W Washington Avenue in El Cajon, CA.

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