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Investor Office Opportunity, Great condition, Long term tenants.

$2,050,000

7125 El Cajon Blvd., San Diego, CA 92115

Active
Last Updated: 11/03/2022

8.49

Cap Rate

173,965

NOI

Details:
Cap Rate:    8.49%
NOI:    $173,965
Building Size:    12,376 sqft
Lot Area:    0.3078 acres
Occupancy:    100%
Class:    B
Units:    8
Year Built:    1985
Floors:    2
Highlights:
  • Building is in very good condition.
  • Roof Repairs Completed April 2019.
  • Potential to lease additional vacant garage.
  • Verizon Cell Tower lease has responsibility for all roof repairs.
  • Excellent location for office building.
  • Located between 70th and La Mesa Blvd.
  • Low rents. Great upside for new buyer.
  • High CAP on actual financials
  • Secured tuck under parking.
  • Additional parking in front.
  • Alley access with secured parking on alley.
Description:

Investor Office Building . 100% Occupied. Well maintained and in an excellent High Traffic area. Parking onsite in front and tuck under secured parking with alley access. Additional leasable space available in the parking area. Verizon is responsible for roof repairs for the duration of the lease and options.

On El Cajon Blvd., beween 70th and La Mesa Blvd.

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