Lexington Square value add

Highlights:

• Seller Motivated, Make Offer.
• 150,000 Population in 3 mile radius!
• Value add by adding solar and lease turnover!
• Small offices are very easy to lease.
• Great cash flow.
• Opportunity Zone.
• Covered parking.
• Excellent multi tenant building.
• Great central El Cajon location.
• Excellent freeway access.

Description:

Small offices are extremely easy to lease. Opportunity zone. This central El Cajon, rehabbed, value add opportunity provides the investor with great cash flow on current income. Current owner has rehabbed roof, building and landscape. There are several new AC units as well. As vacancies occur suites are painted, ceiling tiles are replaced and floor is recarpeted and rents on rehabbed suites are increased significantly. The new owner will increase net income further by installing solar.

Easy freeway access to Hwy 8, 52, 67. Great office location on Lexington, downtown El Cajon. Quiet street yet two blocks off Main Street restaurants and shops. Walk to bus transit. Freeway access to all areas of San Diego.


120

2 Spaces Available