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1068 Broadway
El Cajon, CA 92021
Brandon Long with Regional Realty & Investments, original listing - (619) 990-3179

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Property Details


List Price: $6,450,000
Beds: --
Baths: --
Status: Active
SqFt: --
Agency: Regional Realty & Investments
Agency Phone: (619) 990-3179

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Description/Comments


Lot Size: 0 acre(s)
Property Type: Commercial Sale-Other
Year Built: --
Notes: Regional Realty is pleased to exclusively market for sale a proposed single tenant sale leaseback (NNN) to CRT Plasma offering over a 7% cap rate. The proposed sale leaseback terms include a 15-year lease with 2.5% annual rental escalations throughout the primary term and four 5-year renewal options. The lease will be absolute triple net and feature no landlord responsibilities. The submarket boasts an extremely low vacancy rate of 3% according to CoStar. The practice is led by a Johns Hopkins-trained transfusion medicine specialist and has experienced strong success. Please inquire with broker for financial information. The 15,632-square-foot building is strategically located along Broadway, a primary thoroughfare with traffic exceeding 24,700 vehicles per day. Broadway hosts a wide range of major retailers, including Target, Food 4 Less, The Home Depot, Best Buy, ALDI, and Home Goods, as well as Parkway Plaza, a regional shopping center featuring Dick’s Sporting Goods, JC Penney, H&M, Regal Cinemas, Ashley, Bath & Body Works, and more. The property also offers close proximity to Interstate 8 (148,000 VPD) and CA-67 (100,000 VPD), enhancing accessibility. Situated in a densely populated area, the asset serves over 308,000 residents within a five-mile radius, with an average household income of $124,210.
MlsNumber: --
ListingId: 250028048


Listing Provided By: Regional Realty & Investments, original listing
Phone: (619) 990-3179
Office Phone: (619) 990-3179
Agent Name: Brandon Long
Disclaimer: Copyright © 2025 San Diego MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


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Real Estate Expert Photo for Damian Enrique Diaz NMLS#1085614
Damian Enrique Diaz NMLS#1085614
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