Investor Office Opportunity, Great condition, Long term tenants.

7125 El Cajon Blvd., San Diego, CA

$2,050,000

Price

8.49%

Cap Rate

$173,965

NOI

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Street
Map
Overview
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
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.

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.
Location
Gallery